#pengu Here’s a quick take on **Our cute Pengu coin’s dump**:

🐧 **Meme Coin Volatility**: Pengu is a meme coin with **no utility or fundamentals** — purely driven by hype, social trends, and whale actions. Dumps like this are **common and brutal** in this space.

📉 **Why It’s Dumping**:

- **Profit-taking**: Early buyers cashing out.

- **Market-wide dip**: Crypto is down (Bitcoin -10% this month 😬), crushing fragile altcoins.

- **Liquidity issues**: Low trading volume = extreme price swings.

- **Hype fade**: Interest wanes fast after initial pumps.

🛑 **Risks**:

- **-90% drops in hours** are normal for micro-cap meme coins.

- **Rug pulls** or dev abandonment likely.

- Zero intrinsic value = high risk of going to **$0**.

💡 **My View**:

Treat it as gambling 💸, not investing. Only risk money you can lose. Most meme coins die — **Pengu likely will recover**. Focus on projects with tech/teams if you want sustainability.