🌕 Today I was checking $PENGU on Binance and I found something that made me stop.
In the coin information, it shows:
🟢 62.86B PENGU in circulation
🟡 76.72B total supply
🔴 88.89B max supply
And Binance even shows a warning:
"Circulating supply data does not match real data."
So I asked myself:
What does this mean for me?
I learned that before looking only at a crypto’s price, we also need to study its tokenomics.
We have to know:
🔹 How many tokens exist?
🔹 How many are circulating?
🔹 How many could enter the market later?
🔹 Who holds those tokens?
🔹 What is the token used for?
🔹 Where could the demand come from?
Because if the amount of available tokens increases and demand doesn’t grow at the same pace, there can be price pressure.
⚠️ And this DOES NOT automatically mean that PENGU will go up or down.
It means there is information we need to learn how to analyze before making a decision.
Don’t buy a crypto just because you see that its price is small.
A token that costs $0.01 doesn’t necessarily mean it’s “cheap.”
First look at its market cap, supply, tokenomics, utility, and demand.
That is also part of learning crypto.
DYOR = Do Your Own Research. Investigate it yourself.
#pengu #CryptoEducacion #DYOR
In the coin information, it shows:
🟢 62.86B PENGU in circulation
🟡 76.72B total supply
🔴 88.89B max supply
And Binance even shows a warning:
"Circulating supply data does not match real data."
So I asked myself:
What does this mean for me?
I learned that before looking only at a crypto’s price, we also need to study its tokenomics.
We have to know:
🔹 How many tokens exist?
🔹 How many are circulating?
🔹 How many could enter the market later?
🔹 Who holds those tokens?
🔹 What is the token used for?
🔹 Where could the demand come from?
Because if the amount of available tokens increases and demand doesn’t grow at the same pace, there can be price pressure.
⚠️ And this DOES NOT automatically mean that PENGU will go up or down.
It means there is information we need to learn how to analyze before making a decision.
Don’t buy a crypto just because you see that its price is small.
A token that costs $0.01 doesn’t necessarily mean it’s “cheap.”
First look at its market cap, supply, tokenomics, utility, and demand.
That is also part of learning crypto.
DYOR = Do Your Own Research. Investigate it yourself.
#pengu #CryptoEducacion #DYOR
