Ethereum
Pudgy Penguins Token Faces Pressure as Abstract Sets Dec. 15 Shutdown
TokenPost·October 10, 2026·1 min read
Pudgy Penguins' PENGU token trades below nearby resistance as open interest declines, while Abstract users face a Dec. 15, 2026, deadline to move assets off the Ethereum Layer 2. The shutdown adds pressure on PENGU, which faces selling pressure amid the transition. Traders are watching the token's price action closely.
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