PENGU: The penguins are coming in strong!!!
The PENGU token is the official digital currency of the Pudgy Penguins collection, one of the most prominent non-fungible token (NFT) projects that launched in July 2021. This collection features unique digital images of chubby penguins and has gained widespread fame due to its design quality and the strong community built around it.
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Overview of the Pudgy Penguins Project
Launch and Evolution: The project started as an NFT collection of 8,888 unique digital images. In April 2022, entrepreneur Luca Schnitzler acquired the project for 750 Ethereum (approximately $2.5 million at the time).
Expansion into the Real World: In May 2023, the company launched physical products such as toys and clothing inspired by the penguin characters, which were distributed in major stores like Walmart.
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Details of the PENGU Digital Currency
Launch Date: December 17, 2024, via a free distribution (Airdrop) for NFT holders and the surrounding community.
Blockchain Used: The currency was launched on the Solana network, benefiting from its speed and low costs.
Total Supply: 88,888,888,888 tokens.
Token Distribution:
25.9% for the Pudgy Penguins NFT Community
24.12% for other NFT communities (Azuki, Bored Ape, Doodles)
17% for the project team (with a one-year lockup and vesting over three years)
12.35% for liquidity
11.48% for Igloo Inc.
4% for general goods and expansion
Trading Platforms: The currency is listed on major platforms like Binance.
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