<ul><li>Pudgy Penguins' native token, PENGU, reached an all-time high of $0.06989 and a market cap of $4B after being listed on Binance.</li><li>PENGU's price dropped by over 50% and currently trades at $0.02940.</li><li>The launch of PENGU also boosted the floor price of Pudgy Penguins NFTs to 34.1 ETH ($136,000).</li><li>Despite the significant price setbacks, there is optimism for a potential recovery if selling pressure subsides.</li></ul>

Is $1 Possible for PENGU Token Despite Significant Price Setbacks?

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