$PENGU

why you buy "Pengu Coin" can refer to multiple cryptocurrencies, notably "Pudgy Penguins (PENGU)" and "Penguiana (PENGU)." Here's an overview of both:

Pudgy Penguins (PENGU):

Pudgy Penguins is a prominent NFT project that expanded into the cryptocurrency space with the launch of its official token, PENGU, on December 17, 2024. Operating on the Solana blockchain, PENGU aims to strengthen the connection between the brand and its global fanbase, allowing enthusiasts to participate more actively in the ecosystem. Plans are also in place to expand PENGU to Ethereum and Abstract, an Ethereum layer-2 scaling network.

As of February 19, 2025, PENGU is trading at approximately $0.0084 USD, with a market capitalization of around $526 million USD. The token has a circulating supply of about 62.86 billion PENGU, out of a maximum supply of 88.88 billion.

The token distribution is as follows:

25.9%: Allocated to the Pudgy Penguins community, including holders of Pudgy Penguins NFTs, Lil Pudgys, and Pudgy Rods.

24.12%: Designated for other NFT communities and new "Huddle" members.

17.8%: Reserved for current and future team members, with a one-year cliff and three-year vesting period.

11.48%: Retained by the company under similar vesting conditions.

The remaining percentage is allocated for liquidity pools, public goods, and professional brand expansion.

PENGU is available for trading on several centralized crypto exchanges, with Binance being the most active platform.

Penguiana (PENGU):

Penguiana is another cryptocurrency sharing the PENGU ticker. As of February 19, 2025, Penguiana is priced at approximately $0.000208 USD, with a 24-hour trading volume of $1.00. The token is valued at 98.63% below its all-time high of $0.0152. Currently, there is no available data on its market capitalization or circulating supply.

Penguiana tokens can be traded on decentralized exchanges, with Raydium being the most active platform.