The Pudgy Penguins' estate relocation has been officially completedJoint market makers with Western orthodox capital backgrounds hold over 95% of the liquidityIt's truly heart wrenching, as the river of time rolls by, and BAYC continues to rise and fall, ultimately not being chosen (dynamic game)From the perspective of sitting on the table, I think the main reasons for Little Penguin's comeback and subsequent impact on the top spot are as follows:-The chip structure is much betterUnder conditions of high turnover rate, the difficulty of boosting asset attributes through the secondary market will be much lower-The amplitude from ATH is not as large as BAYC'sFrom the perspective of chives psychology, if chives are nauseous due to being covered, they will lie flat and not be sold again-Community consensus is not as strong as BAYCIf the consensus is too strong, capital cannot collect chips and complete the establishment-The cultural level and portrait of the holder are relatively similar, not as diverse as BAYCA unified culture means a lower ruling cost. For example, if the rulers of China only govern areas in the territory other than Xinjiang and Xizang, the ruling cost must be far lower than those including these areas. A culture with excessive differentiation will lead to an exponential increase in the cost of governance