Analysis: Pudgy Penguins holders may receive $31,000 to $61,000 in airdrop income per person

PANews reported on December 6 that according to user @BTCThinker88, the Pudgy Penguins' PENGU token airdrop may become one of the biggest wealth creation events of 2024. The analysis predicts that Pudgy Penguins holders will receive $31,000 to $61,000 (approximately 7.9 to 15.8 ETH) in airdrop earnings per person. If Abstract Chain also distributes tokens to the penguin community, this could become one of the biggest wealth creation events of 2024 after the HYPE airdrop. Earlier today, it was reported that the total supply of PENGU tokens is 88.88 billion, with a community allocation of 25.9%. The market capitalization is estimated to be $1.5 billion, $2 billion, and $3 billion in bear, base, and bull market scenarios, respectively. Comparable projects include the $1.8 billion market cap token APE from BAYC and the $760 million market cap token MOCA from Mocaverse.