It was the first time people heard about a token called PENGU in 2021.

When GCR predicted that something like this might be launched.

He said that NFT communities have immense potential.

But there is no liquidity or interest.

This token will fix that.

GCR made millions from cryptocurrency trading.

He bought 500 Pudgy Penguins at a price of 0.5 ETH.

He may have seen something coming.

After three years.

Pudgy Penguins, which has now become one of the largest brands in cryptocurrency.

Launched its token by listing it on Binance the same day.

The first announcement took place during Art Basel in Miami on December 6.

Luca Nitz announced the launch of PENGU at the Pudgy Penguins event.

A token to represent the Pudgy Penguins ecosystem.

After the launch, the price dropped.

People quickly started to hate it.

But here’s what they forgot.

100 billion views online.

10,000 stores selling toys.

300 million daily impressions.

800,000 people hold the token.

The turning point came in March 2025.

Canary Capital submitted an ETF request to the SEC using form S-1.

Then they sent form 19b-4 to CBOE, stating that the ETF would hold 80-95% of PENGU and the rest in Pudgy Penguins NFTs.

On Wednesday, the SEC gave its first green light.

Currently, PENGU is one of the strongest tokens in the cryptocurrency space when it comes to story and branding.

Companies use Pudgy Penguins to represent their products.

Could this be the token that finally brings retail to cryptocurrencies?

We previously posted about it on Telegram.