Pudgy Penguins (PENGU) is the official cryptocurrency of the Pudgy Penguins ecosystem, a widely recognized NFT project known for its strong community and meme culture. As a symbol of engagement and innovation, PENGU plays a key role in the growing influence of Pudgy Penguins in the Web3 space.
Market Performance
As of February 7, 2025, PENGU is trading at approximately $0.0106, with a 24-hour trading volume of $174 million. The token has a circulating supply of 62.86 billion, bringing its total market capitalization to $666 million. PENGU reached an all-time high of $0.05738 on December 17, 2024, before experiencing a price correction of over 81%.
Recent Developments
Coinbase Listing Roadmap: PENGU has been added to Coinbase’s listing roadmap, signaling potential availability on the platform soon.
Token Burn Event: The Pudgy Penguins team recently conducted a $150 million token burn, reducing the total supply of PENGU and potentially increasing its scarcity and value.
Where to Trade PENGU
PENGU is currently available on major cryptocurrency exchanges, including Binance, where traders can access the PENGU/USDT trading pair.
With its deep community roots and ongoing developments, PENGU remains a token to watch in the evolving Web3 landscape. As always, investors should conduct thorough research and consider market conditions before making any trading decisions.