$PENGU HAS A BIG SUPPLY EVENT TOMORROW ๐
While traders are watching the broader crypto market, $PENGU has another catalyst coming up.
๐ September 17
๐ Around $5.13M worth of PENGU is scheduled to unlock.
Thatโs roughly 1.12% of its market value entering circulation.
But hereโs the interesting part ๐
A token unlock doesnโt automatically mean a dump.
The real question is:
๐ Will buyers absorb the new supply โ or will sellers take control?
๐ข BUYERS ABSORB SUPPLY โ PENGU could stay resilient
๐ด SELLING INCREASES โ Volatility could expand
Iโll be watching volume + price reaction around the unlock.
Whatโs your take on PENGU?
๐ข SUPPLY ABSORBED
๐ด SELL PRESSURE
#PENGU #CryptoTrading
$PENGU
While traders are watching the broader crypto market, $PENGU has another catalyst coming up.
๐ September 17
๐ Around $5.13M worth of PENGU is scheduled to unlock.
Thatโs roughly 1.12% of its market value entering circulation.
But hereโs the interesting part ๐
A token unlock doesnโt automatically mean a dump.
The real question is:
๐ Will buyers absorb the new supply โ or will sellers take control?
๐ข BUYERS ABSORB SUPPLY โ PENGU could stay resilient
๐ด SELLING INCREASES โ Volatility could expand
Iโll be watching volume + price reaction around the unlock.
Whatโs your take on PENGU?
๐ข SUPPLY ABSORBED
๐ด SELL PRESSURE
#PENGU #CryptoTrading
$PENGU