Also 2.4B FDV for an IP brand that has penetrated into mainstream consciousness, has widespread appeal, building games and new worlds, survived the brutal NFT bear market and founder rugs, likely to be undervalued?
$PENGU will be repriced, and when it does, it will happen so fast no one has time to catch the train
At $6B FDV it does seem overvalued, but realistically between 4B-5B is a good spot
Will watch how Luca and the team cooks this. Abstract chain airdrop is also not priced in
NFT people also don’t know how to dabble with liquid tokens either
Clear market mismatch
$PENGU will be repriced, and when it does, it will happen so fast no one has time to catch the train
At $6B FDV it does seem overvalued, but realistically between 4B-5B is a good spot
Will watch how Luca and the team cooks this. Abstract chain airdrop is also not priced in
NFT people also don’t know how to dabble with liquid tokens either
Clear market mismatch