Kaiko: The market depth of PENGU tokens has stabilized in the range of 2 million US dollars, but the hourly trading volume has plummeted to 10 million US dollars
On December 21, cryptocurrency market data provider Kaiko revealed that after a rocky launch on centralized exchanges earlier this week, the market depth of Pudgy Penguins' PENGU token has essentially stabilized at around $2 million, higher than its initial value of about $1 million. However, the hourly trading volume of the PENGU token plummeted from $260 million at launch to just about $10 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Dom Kwok to XRP Holders: Next Bull Market Will Be the Biggest We’ve Ever Seen
SUI Price Reclaims $1 as Analysts Watch $1.50 Resistance
Smart ring manufacturer Oura (OURA.US) IPO reportedly oversubscribed by about 4 times
According to market sources, the initial public offering (IPO) of smart ring manufacturer Oura in the US stock market has reportedly been oversubscribed by approximately four times.
Crypto prices
More
