panic or opportunity? Arkham intelligence has identified the wallet of the developer of #$PENGU who transferred 1.586 billion tokens to several centralized exchanges. This massive move raises fears of a dump, dividing the community between holders and sellers. However, some analysts remind us that the solid fundamentals #PENGU and its support from major exchanges far surpass those of historical memecoins.
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Alert!
panic or opportunity?
Arkham intelligence has identified the wallet of the developer of #$PENGU who transferred 1.586 billion tokens to several centralized exchanges.
This massive move raises fears of a dump, dividing the community between holders and sellers.
However, some analysts remind us that the solid fundamentals #PENGU and its support from major exchanges far surpass those of historical memecoins.