Fuzzy penguin PENGU token, which soared in the NFT craze, plummets 11%

"News1" reports that the self-issued token PENGU of the non-fungible token (NFT) project "Fuzzy Penguin" is recovering its gains after the "Santa Rally."
As of 4:12 p.m. on the 27th, the price of PENGU on the Bithumb basis was trading at 51.85 won (approximately 5.5 yen), down 11.07% from the same time the previous day.
PENGU recently saw a big surge around Christmas thanks to the popularity of the NFT project “Fuzzy Penguin” and the news of its listing on Bithumb.
PENGU, which was listed on Bithumb at the base price of 43.89 won (about 4.7 yen) on the 24th, was trading at 65 won (about 6.9 yen) around 1:30 pm on the 26th.
The number of units rose by about 48%. After that, profit realization selling occurred, and some of the increase was reversed. "Fuzzy Penguin" is a combination of penguin characters and 8888 NFs.
The T Collection project has been steadily rising since it was announced on the 6th that Fuzzy Penguin would be releasing its own token, PENGU. On the 16th, the price of each NFT was 34.8
The NFT project itself is currently in the midst of a boom, and the
With the news of the listing of Samsung Electronics on the Korean won market coming soon, the price of PENGU has also risen sharply. Since its launch on the 17th, PENGU has risen by a whopping 600%.