PENGU hit 2.6 billion and people are acting like they found the holy grail. It is just another jpeg brand trying to farm exit liquidity from the Solana degens who think they are smarter than the market makers. The coffee is cold and the market is lying. They talk about governance but its just a way to hold those bags until the devs get bored. If they actually add utility it would be a miracle but these projects usually just pivot to selling merch once the volume dries up. Watching retail get wrecked here is like watching a slow motion train wreck in the dark.
@cryptobuzzposts
August 24, 2026 6.2K
