If you are a fan of Pudgy Penguins, you definitely don’t want to miss this wave! This super popular NFT project announces that they will launch their own cryptocurrency - Pengu - within this year, and this token will be officially issued on the Solana network.

Highlights of the Pengu Token:

  • Total Supply: 88,888,888,888 tokens

  • Community Airdrop: 25.9%! Fans and community members of Pudgy Penguins will receive a significant portion of the supply!

  • Team and Huddle Members: About 42% will be allocated to team members and new Huddle members. Team members have a certain vesting period, which means their tokens will be gradually unlocked.

  • Expected Release: The token is expected to be released before the end of the year, becoming the crypto extension of the Pudgy Penguins NFT series.

Why is the value of Pengu so attractive?

As one of the most popular NFT series, Pudgy Penguins is more than just a cute penguin avatar; it has expanded from the virtual world to the real world, enhancing brand influence through collaborations with retail giants Walmart and Target.

Now, with the launch of the Pengu token, it undoubtedly aims to further enhance interaction with global fans and the crypto community.

Token Economics:

  • 25.9% of the tokens will be allocated to the Pudgy Penguins community. This means that fans will not only enjoy the rights of NFT ownership but also participate in more activities through the tokens!

  • 24.12% of the tokens will be distributed to other community members and the 'Huddle' group, while about 17.8% is reserved for current and future team members to ensure the project's sustainability.

What does this mean for you?

  1. Join the Pudgy Penguins community for a chance to receive this airdrop! If you haven't joined yet, now is the time!

  2. Participate in the initial issuance of the Pengu token and enter this brand new cryptocurrency world early, enjoying the advantages of being an early user.

  3. Based on the Solana network, which means low fees and higher transaction efficiency, with a relatively low entry barrier.

Pudgy Penguins NFT Market Value Soars

According to the latest data, the floor price of Pudgy Penguins has reached 17.75 ETH, approximately $68,535, with a market cap exceeding $609 million. In the past 24 hours, trading volume surged by 245%, reaching 2,082 ETH (about $8 million), highlighting the popularity of this series in the market.

If you are an investor in cryptocurrency or NFTs, the release of the Pudgy Penguins Pengu token is undoubtedly a major event worth following!