10.28

COMMON。235分 14.00 25U

PIGGY

Project Piggycell（ $PIGGY ）Research Report：

• The Korean version of "Monster Charging," monopolizing the market in South Korea, now integrating charging banks with DePIN and RWA, which means holding NFT to earn rental income;

• 4 million users and tens of thousands of deployment points, along with large VC firms like DWF;

• This token is backed by real Korean won cash flow, which makes it a top narrative compared to other speculative projects;

• On-chain data is verifiable, no indefinite waiting;

• There is not much circulation, with expectations for price increase.

• Although it has only succeeded in the Korean market so far, it will be unrelated to our esteemed alpha users in the future. Long-term holding should consider whether the internationalization progress and incentive models are accepted by the market;

• Most projects transitioning from web2 to web3 will see a surge upon launch.