Pudgy Penguins (PENGU) Token: A Simple Guide
Pudgy Penguins (PENGU) is a fun meme coin tied to the famous Pudgy Penguins NFT collection, featuring 8,888 cute penguin cartoons. Launched on December 17, 2024, on the Solana blockchain, it’s a community-driven token aiming to spread good vibes and grow its Web3 ecosystem. Here’s all about PENGU in simple words:
What is PENGU Used For?
Community Access: Join the Pudgy Penguins “Huddle” and connect with fans.
Governance: Vote on project decisions like collaborations and new features.
Exclusive Perks: Access NFT drops, in-game experiences, and community events.
Trading: Buy, sell, or trade PENGU on exchanges like Binance for speculative gains.
Key Features:
Solana-Based: Launched on Solana for fast, low-cost transactions, with plans to expand to Ethereum and Abstract (an Ethereum Layer-2).
NFT Connection: Linked to the Pudgy Penguins NFT project, a top NFT collection by market cap.
Deflationary: Unclaimed tokens from the airdrop are burned, reducing total supply.
Community-Driven: Over 25% of tokens are reserved for the Pudgy Penguins community.
Token Details:
Total Supply: 88.88 billion PENGU.
Circulating Supply: ~62.86 billion (as of 2025).
Market Cap: ~$643 million, ranking ~#100-#135 globally.
Price: ~$0.0102 (check Binance for live prices).
Fun Facts:
PENGU dropped 50%+ after launch but has since rallied, with some predicting $0.08-$0.12 by late 2025.
Pudgy Penguins NFTs are the #2 NFT project by market cap, valued at $721 million.
Over 1 million Pudgy Penguin toys sold through Walmart and Target partnerships!
Listed on Binance, OKX, MEXC, and OrangeX, but not yet on Coinbase or Kraken.
How to Get PENGU?
Buy on Binance using USDT or a card.
Claim unclaimed airdrop tokens (if eligible) until March 15, 2025, or they’ll be burned.
PENGU blends NFT culture, community vibes, and Web3 innovation. Despite volatility, its strong brand and ecosystem make it a meme coin to watch!
