$PENGU — the official token of the Pudgy Penguins ecosystem, a well-known NFT project launched on Ethereum in 2021 with a collection of 8,888 unique penguins. The token debuted on December 17, 2024, with an airdrop, becoming part of a brand expansion that also includes Pudgy World and physical products (e.g., toys at Walmart). Below are verified data on tokenomics, market activity, and trading potential.
$PENGU Tokenomics
Token distribution $PENGU update:
Pudgy Community: 25.90%
Other Communities: 24.12%
Current & Future Team: 17.80%
Liquidity: 12.35%
Company: 11.48%
Proliferation: 4.00%
Public Good: 4.00%
FT Holders: 0.35%
Total supply — 88.89 billion tokens, with 62.86 billion in circulation as of February 2025. 13.69% of tokens were burned in February 2024, affecting market dynamics. Fully diluted valuation (FDV) reaches 2.57 billion USD.
Market activity
PENGU market capitalization is 10 billion USD, ranking 62nd on CoinGecko. Trading volume in the last 24 hours is 1.71 billion USD, which is 27.50% higher than yesterday, reflecting increased activity. The token price is $0.03187, which is 51.37% lower than the all-time high ($0.06845) and 795.91% higher than the low ($0.003715). Over the last 7 days, the price has increased by 128.10%, surpassing the growth of the global cryptocurrency market (8.50%) and the Made in USA category (20.70%).
Where to trade $PENGU?
$PENGU available on centralized exchanges:
Binance: The most popular pair PENGU/USDT with a volume of 250.58 million USD in 24 hours.
Alternative platforms with active trading.
The token also supports spot trading and futures, allowing for strategies #SpotVSFuturesStrategy . Spot provides stability, while futures offer up to 1000x leverage at times, attracting traders.
Conclusions
PENGU shows rapid growth thanks to a strong community, clear tokenomics, and market activity. Its integration with the Pudgy Penguins ecosystem makes the token unique in the meme and NFT project space. For traders, monitoring volumes and price levels is crucial, especially in volatile conditions.
Next, let's examine how market trends affect PENGU.