Analysis: PENGU token airdrop is sizable, Pudgy Penguins holders are expected to receive $31,000 to $61,000 each

According to the analysis of community user @BTCThinker88, the Pudgy Penguins' PENGU token airdrop is on a large scale, and Pudgy Penguins holders are expected to receive $31,000-$61,000 (7.9 ETH-15.8 ETH) per person. If Abstract Chain also provides token distribution for the penguin community, this could become one of the largest wealth creation events in 2024 after HYPE. The analysis shows that the total supply of PENGU tokens is 88.88 billion, with a community distribution ratio of 25.9%. Based on market capitalization estimates (FDV), the bear market scenario is $1.5 billion, the benchmark scenario is $2 billion, and the bull market scenario is $3 billion. The benchmark projects include the $1.8 billion market cap BAYC token APE and the $760 million Mocaverse token MOCA.