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Analysis: PENGU TokenAirdrop has a significant scale, and Pudgy Penguins holder is expected to receive $31,000-$61,000 per person.
ChainCatcher News, according to community user @BTCThinker88’s analysis, the scale of Pudgy Penguins’ PENGU Token Airdrop is considerable, and Pudgy Penguins holders are expected to receive between $31,000-$61,000 (7.9 ETH-15.8 ETH) each. If Abstract Chain also provides token distribution for the penguin community, this could become one of the biggest wealth creation events of 2024, following the HYPE. The analysis shows that the total supply of PENGU Token is 88.888 billion, of which the community allocation ratio is 25.9%. According to the Market Cap estimate (FDV), it is 15 billion US dollars in a Bear Market scenario, 20 billion US dollars in a Benchmark scenario, and 30 billion US dollars in a Bull Market scenario. Benchmark projects include BAYC Token APE with a Market Cap of 18 billion US dollars and MOCA Token MOCA with a Market Cap of 7.6 billion US dollars.