Pudgy Penguins (PENGU) has remained under pressure in recent trading sessions, with price action reflecting a clear risk-off mood across the meme and NFT sector. The token is currently trading around $0.006487, marking a 24-hour decline of 3.9%, with intraday movement ranging between $0.006294 and $0.006958. Despite the pullback, trading activity has stayed elevated, with 24-hour volume above $134 million, showing that market participation has not faded even as prices weaken. Airdrop report adds pressure to PENGU’s sentiment One of the main factors weighing on sentiment is a recent research finding from Delphi Digital published on June 4.
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