Pengu is a bit crazy, but that's nothing unusual in crypto 😅

Here's a summary of what is most likely happening:

📉 Why did Pengu drop?

Normal correction: It was coming off rapid rises and many people took profits. Classic.

Low liquidity: Pengu moves with relatively low volume, so any large sale can bring it down.

Reverse FOMO: When it starts to fall, many panic and sell "before it goes to zero."

No strong news: If there are no updates, partnerships, or new hype, the price deflates on its own.

🧠 The important thing

This doesn't mean the project is dead, just that it is in a cleaning phase.

These levels are usually:

Accumulation zone for whales 🐳

Or a dangerous zone if it loses support and no one buys.