High-Risk Pudgy Penguins Token Shows Signs of Trouble

The Pudgy Penguins (PENGU) cryptocurrency has a market cap of only $3,160 and limited liquidity of around $315, making it highly susceptible to manipulation and volatility. Approximately 95% of the supply was transferred by the creator to other wallets, indicating a high risk of rug pull or sudden dumps. The token features mutable metadata, which adds to security concerns, along with low liquidity, which can hinder trading stability and exit strategies. Top holders control a significant share, further concentrating the risk. Given these factors, this token appears to be very risky with a poor reputation score and potential for rug pulling.