PENGU Transfer Shakes the Foundations of Crypto Trust
In an unexpected twist within the already tumultuous world of cryptocurrency, the PENGU team has conducted a jaw-dropping transfer of $66 million, which translates into 2.1 billion PENGU tokens. This startling transaction, sprung upon the market without any preliminary warnings, has raised flags about potential instability, particularly in a landscape riddled with scams. Amidst the hype, PENGU’s value has surged by an astounding 240%, leaving a cloud of uncertainty over investor trust and the overall health of the market.
The Mechanics of the Transfer
Digging into the details, it has been revealed that the PENGU team has moved a whopping 1.586 billion PENGU tokens, amounting to approximately $45.56 million, to centralized exchanges…
