$PENGU is one of the most searched coins on CoinGecko today, and it is trading lower.
📊 By the numbers
• PENGU sits near $0.00894, down about 5.5% in 24 hours, per CoinGecko trending data.
• Abstract, the layer 2 backed by Pudgy Penguins' parent Igloo, processed over 325 million transactions and served 4 million wallets, per CoinDesk.
• About $76 million in assets still sat on the chain at announcement.
• Chain fees were roughly $3,900 over 24 hours versus about $39,000 in app revenue.
🎯 Levels to watch
If migration off Abstract goes smoothly, attention could shift back to the brand. If users rush out and liquidity thins, volatility could stay elevated into the December 15 deadline.
💬 Are you moving anything off Abstract yet?
#PENGU #Abstract
📊 By the numbers
• PENGU sits near $0.00894, down about 5.5% in 24 hours, per CoinGecko trending data.
• Abstract, the layer 2 backed by Pudgy Penguins' parent Igloo, processed over 325 million transactions and served 4 million wallets, per CoinDesk.
• About $76 million in assets still sat on the chain at announcement.
• Chain fees were roughly $3,900 over 24 hours versus about $39,000 in app revenue.
🎯 Levels to watch
If migration off Abstract goes smoothly, attention could shift back to the brand. If users rush out and liquidity thins, volatility could stay elevated into the December 15 deadline.
💬 Are you moving anything off Abstract yet?
#PENGU #Abstract
