CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
BitcoinSistemi 2024-12-17 17:30:07

Released with Great Hype: Developers Allegedly Dumped Big on This Altcoin

The cryptocurrency world witnesses different altcoins and unexpected developments related to them every day. The Pudgy Penguin Multisig wallet, which is thought to belong to the developers of the Pudgy Penguins (PENGU) altcoin, which was launched today and started with a market value of approximately $ 2.3 billion, seems to have sold 88 million PENGU tokens according to onchain data. In addition, some more tokens were also moved by this wallet to centralized cryptocurrency exchanges. The total amount sold seems to correspond to $ 3.5 million. Related News: Justin Sun Sends Another Mysterious Message: “Something Big is Coming” The wallet in question had access to PENGU tokens very early on. However, it is not definitive that this wallet belongs to the developers and similarly, it may belong to a market maker company. Definitive information on the subject will come in the coming days. However, there is also activity in some wallets that are considered to be related to the PENGU project or very early investors. According to the data, 176 million PENGU, which constitutes 20% of the total tokens held by early wallets, have been sold so far. The value of the remaining tokens was measured at approximately $ 37.71 million. *This is not investment advice. Continue Reading: Released with Great Hype: Developers Allegedly Dumped Big on This Altcoin

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.