Kaiko: The depth of the PENGU token market has stabilized in the $2 million range, but the hourly trading volume has plummeted to $10 million
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Kaiko, a provider of encrypted market data, disclosed that after experiencing a bumpy launch on a centralized exchange earlier this week, the market depth of Pudgy Penguins' PENGU token has stabilized at around $2 million, up from about $1 million at the time of launch. However, the hourly trading volume of PENGU token plummeted from $260 million at the time of launch to only about $10 million.