1. Origins and Tokenomics
NFT to Token: Pudgy Penguins is a popular NFT project that later evolved into its own crypto token called PENGU. It is built on the Solana blockchain.
Total supply: approximately 88.8 billion tokens.
Airdrop: One of the largest Web3 airdrops in history — tokens distributed to millions of wallets alongside NFT holders.
2. Use and functionality (Utility)
Pudgy World Digital Experience Gateway
Gaming and streaming on Abstract Network
Solana Staking
Access to merchandise and exclusive content
3. Market information and price trends
Current price: around $0.037 USD (CoinMarketCap)
Latest information:
According to Blockworks: Price $0.04; Up 12.3% in the last 24 hours; Market cap around $2.6B
CoinCodex: Current Price $0.03205; Market Cap $2.01B; 24-Hour Volume $1B; Fear & Greed Index “Greed” (60)
4. Latest trends, news and analysis
ETF Potential: Canary Capital has proposed an ETF that will primarily hold PENGU tokens and Pudgy Penguin NFTs. This has created a buzz around PENGU.
Price rally and whale buying: ETF has recently surged 22% on hype, whale accumulation, and key partnerships; total market cap surpasses $2B.
Intense rally: Up to 33% increase in one day, driven by ETF arrangements and whale buying.
Part of the overall mime coin sector: PENGU is now active among mime coin traders, alongside Dogecoin, Bonk. While profitable in the short term, many analysts are describing them as “lottery tickets to the lottery” — requiring caution due to volatility and insufficient fundamental quality.
Future Forecast: According to analysts, it could reach $0.044 by the end of 2025, and $0.058 is also possible in 2026.
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Brief summary — in the table
Subject information
Token PENGU (Pudgy Penguins), based on Solana
Total supply ~88.8 billion
Price is ~$0.03 – $0.04 recently.
Market cap $2–3 billion (currently)
Inflation/Support Fear & Greed: Greed; Price near ATH range
References ETF Hype, Whale Accumulation, Market Rally
Warning: High Volatility, High Risk as a Mime Coin
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Conclusion and suggestions
PENGU is a curated, community-driven mime coin that stands on a strong foundation of NFT projects. While the recent prospect of an ETF and whale investment has increased interest in the market, mime coins remain volatile and prone to bias. So before trading or investing:
Keep your own reviews and risk management
Review Technical + Fundamental Analysis
Spread out your investments, don't just "put all your eggs in one basket"
