PENGU Token Shows Signs of Recovery After Hitting $0.01 Support

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As per Blockchainreporter, the $PENGU token is showing signs of recovery after hitting a critical support level at $0.01. On-chain data from Nansen indicates that whales are buying 2.9 times more than their average, while new wallets have deployed $1 million into the token. The top traders are holding over 85% of their $PENGU, and the 24-hour trading volume has surged to $174 million. The token has risen 13.3% in three days following a seven-day decline.

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