đ $PENGU BREAKING NEWS
PENGU Faces $212M Compensation Pressure After Abstract Shutdown! đš
Pudgy Penguins is facing growing community pressure after its Abstract Layer-2 network announced plans to shut down by December.
For two years, early users earned XP points by using the platform, hoping to receive tokens through a future airdrop. Now, those rewards are uncertain.
Investor Charles Moscoe is urging the team to compensate affected users with locked PENGU tokens. Around 26 billion PENGU tokens, worth approximately $212 million, remain locked, although they are allocated across multiple purposes.
However, the NFT community appears divided over the proposal.
Meanwhile, PENGU has dropped around 2%, with $0.0076 emerging as a potential downside target if selling pressure increases.
Will the team compensate disappointed users, or could this controversy damage community trust further?
$PENGU
PENGU Faces $212M Compensation Pressure After Abstract Shutdown! đš
Pudgy Penguins is facing growing community pressure after its Abstract Layer-2 network announced plans to shut down by December.
For two years, early users earned XP points by using the platform, hoping to receive tokens through a future airdrop. Now, those rewards are uncertain.
Investor Charles Moscoe is urging the team to compensate affected users with locked PENGU tokens. Around 26 billion PENGU tokens, worth approximately $212 million, remain locked, although they are allocated across multiple purposes.
However, the NFT community appears divided over the proposal.
Meanwhile, PENGU has dropped around 2%, with $0.0076 emerging as a potential downside target if selling pressure increases.
Will the team compensate disappointed users, or could this controversy damage community trust further?
$PENGU