$PENGU Loses Over 1,000 Unique On‑chain Holders, Despite Recent Price Surge
The post $PENGU Loses Over 1,000 Unique On‑chain Holders, Despite Recent Price Surge appeared on BitcoinEthereumNews.com.
$PENGU is stealing the spotlight on the Crypto community on X (formerly Twitter). Mindshare data shows that 3.19% of all conversations mention $PENGU—making it arguably the hottest asset on the platform. Yet, while chatter reaches fever pitch, the number of unique wallets holding $PENGU slides. Over the last 24 hours, holders dipped by 0.19%, a drop of more than 1,050 addresses. The unexpected decline hints at profit‑taking. $PENGU’s price has stormed higher this week. Seven‑day gains sit at 84%, fueled by the launch of the $PENGU Spot ETF. Traders are locking in gains. On decentralized exchanges, 1,847 wallets offloaded more than $700,000 worth of $PENGU in that span. Still, the buzz refuses to quiet. Today alone, $PENGU has been tagged in over 310 tweets on CryptoTwitter. More than 250 key opinion leaders (KOLs) drive the mania, sharing charts, memes, and speculative calls. The DexCheck snapshot below visualizes daily sell volumes soaring alongside price action: $PENGU sheds over 1,000 unique onchain holders, despite uptrend.$PENGU is arguably the most popular asset on CT currently. According to market attention data, at least 3 out of every 100 conversations on CT are about $PENGU (3.19% of Mindshare). However, the number of unique… pic.twitter.com/6L4cN8QOOz — DexCheck AI (@DexCheck_io) July 14, 2025 Why the frenzy? pudgypenguins boasts real‑world chops. Its IP underpins a toy line that raked in over $13 million in sales at Walmart, Target, and other big‑box retailers. Royalties flow back to NFT holders. A gaming empire is in the works, stretching across PC, mobile, and console. That foundation sets $PENGU apart from pure play tokens. Then there’s the ETF. Filing a spot ETF sends a powerful signal. It opens $PENGU to a wider pool of investors. Spot ETFs tend to lift liquidity and transparency. They also draw institutional interest. And when institutions sniff…
Filed under: News - @ July 14, 2025 4:29 pm