Perform a social analysis of PENGU token. Give me the following details: (1) What is the social narrative around it now? (2) How has the mindshare changed in last 7 days (if applicable) (3) What are some noteworthy tweets on this token. To this data add the technical analysis of pengu token which has CA (0x9eBe3A824Ca958e4b3Da772D2065518F009CBa62). Based on all these data, tell me if investing 20$ in this token is a wise decision now.

Social Analysis of PENGU Token

1. Current Social Narrative

The social narrative around the PENGU token is largely positive, with a strong community backing and anticipation surrounding its developments. Key points include:

• Recovery and Anticipation: PENGU has shown resilience, recovering from earlier lows, driven by community excitement about the Abstract mainnet launch.
• Market Performance: Despite a broader downturn in the NFT market, PENGU has managed to maintain a significant market cap, recently surpassing $1.6 billion.
• Community Engagement: The Pudgy Penguins community is actively discussing the token's potential, with many expressing optimism about its future, especially in light of recent developments and partnerships.

2. Mindshare Change Over the Last 7 Days

• Positive Sentiment: The sentiment around PENGU has remained largely positive, with a slight increase in mindshare as the community discusses upcoming events and developments.
• Recent Events: Noteworthy discussions include the burning of unclaimed tokens and the anticipation of new listings on major exchanges, which have contributed to a stable outlook despite some price fluctuations.

3. Noteworthy Tweets

Here are some significant tweets regarding PENGU:

• Market Analysis: A user discussed the impact of the Abstract launch on PENGU's price, noting that the hype surrounding it initially boosted prices but led to disappointment post-launch. Link
• Token Burn: Another tweet highlighted the recent burn of over 150 million unclaimed PENGU tokens, which did not have the expected positive effect on the price. Link
• Community Optimism: A user expressed optimism about PENGU's potential, emphasizing the strong community and upcoming developments. Link

Technical Analysis of PENGU Token

• Current Price: $0.01036
• Market Cap: $651 million
• Price Change (24h): -2.32%
• Price Change (7d): +0.52%
• Circulating Supply: 62.86 billion PENGU
• Total Supply: 76.72 billion PENGU
• Fully Diluted Valuation: $794 million

Investment Decision

Based on the social analysis and technical indicators:

• Positive Community Sentiment: The community remains engaged and optimistic about future developments.
• Market Stability: While there are fluctuations, the overall market cap and trading volume indicate a stable interest in PENGU.
• Recent Developments: The upcoming listings and community initiatives could drive future growth.

Conclusion: Investing $20 in PENGU could be considered a reasonable decision, especially if you believe in the long-term potential of the Pudgy Penguins ecosystem and its community. However, as with any investment, consider your risk tolerance and do further research before proceeding.