## Pudgy Penguins CEO Aims for PENGU Growth with Buybacks Pudgy Penguins CEO Luca Netz has announced plans to utilize a substantial portion of the company's projected $40 million to $50 million revenue for PENGU buybacks. In a recent interview, Netz expressed optimism that a sustained, revenue-driven buyback system could propel PENGU to the level of success enjoyed by Dogecoin (DOGE). This strategic move aims to increase the value and scarcity of PENGU tokens, potentially attracting more investors and fostering long-term growth. By consistently reinvesting revenue into the PENGU ecosystem, Pudgy Penguins hopes to create a self-sustaining cycle of value appreciation. The success of this strategy hinges on the company's ability to maintain strong revenue generation and execute the buyback program effectively. Whether PENGU can truly reach Dogecoin's heights remains to be seen, but this initiative signals a strong commitment from the Pudgy Penguins team to the project's future. ```