YEREVAN (CoinChapter.com) — The NFT project of Pudgy Penguins Ethereum launched its token, PENGU, on Solana on December 17, 2024, following an increase in retail presence.

Official launch of the PENGU token. Source: Pudgy Penguins on x What is PENGU Coin?

PENGU is the token of the Pudgy Penguins ecosystem, created to enhance community engagement. It was launched on Solana with a total supply of 88.88 billion tokens, of which 25.9% is reserved for the Pudgy Penguins community through an airdrop—the token plans to expand to Ethereum and Abstract, a layer 2 scaling network of Ethereum.