As of May 7 2025 Pudgy Penguins native token #pengu is trading at approximately $0.0066 with a market capitalization of around $414 million and a 24-hour trading volume of $51.6 million. Since its launch on December 17 2024 PENGU has experienced significant volatility reaching an all-time high of $0.06845 and a low of $0.005927. The token's initial surge was fueled by its association with the popular Pudgy Penguins NFT collection and a substantial airdrop to NFT holders.
PENGU's integration into the Solana ecosystem and its plans to expand to Ethereum and other platforms have positioned it as a notable player in the meme coin market. Despite the broader NFT market's downturn Pudgy Penguins NFTs have maintained strong demand with floor prices rising alongside PENGU's debut.
While #PENGU has shown resilience it's essential to note that meme coins are highly speculative and subject to rapid price fluctuations. Investors should exercise caution and conduct thorough research before participating in such markets.