$PENGU Gets Listed On Crypto.com And Hyperliquid
$PENGU is a popular meme coin featuring a playful penguin mascot. Despite experiencing an airdrop disaster recently, $PENGU has been steadily growing in the market, especially following its debut on both Crypto.com and Hyperliquid.
Hyperliquid Adds $PENGU With 5x Leverage
As aforementioned, Hyperliquid has listed $PENGU on their platform while also introducing a highly requested feature, the option to trade the token with up to 5x leverage. This gives traders the opportunity to enhance their exposure to $PENGU, whether they aim to capitalize on its upward potential or take advantage of potential price drops.
Leverage offers traders the chance to make bigger moves, but it is not without risk. Essentially, leverage trading amplifies both profits and losses, so it is essential to exercise caution. Nevertheless, by community demand, $PENGU can now be longed or shorted with up to 5x leverage.
Growing Investor Confidence
Crypto.com is among the leading crypto exchanges worldwide and offers a range of services including trading, wallets, staking, and debit cards for cryptocurrencies. As one of the largest and most recognized platforms in the industry, a listing on Crypto.com can significantly boost investor confidence in that specific token. $PENGU being added to Crypto.com highlights this confidence in both the meme coin and the company behind it, Pudgy Penguins.
In any case, the addition of $PENGU on both Crypto.com and Hyperliquid is noteworthy. What began as a fun, lighthearted project in the crypto world is now receiving serious attention by traders and investors across the globe. The ability to trade with leverage on Hyperliquid enhances its appeal, providing traders with an added boost to their strategies.
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