What is Pudgy Penguins (PENGU)?
$PENGU is a coin launched by Pudgy Penguins, a popular NFT project that began with a collection of adorable, cartoon-style penguins. Over time, it has evolved into a comprehensive ecosystem encompassing real-world applications, merchandise, and its own cryptocurrency, the PENGU token.
In December 2024, Pudgy Penguins introduced the PENGU token, a native cryptocurrency to enhance its ecosystem. Initially launched on the Ethereum blockchain as an ERC-20 token, PENGU was later deployed on Solana, offering faster transactions and lower fees for users. The token aims to provide additional utility and engagement opportunities for NFT holders and fans of the project.
The Pudgy Penguins NFT Collection
Launched in July 2021 on the Ethereum blockchain, Pudgy Penguins consists of 8,888 unique NFTs. Each penguin features distinctive traits such as body types, accessories, and backgrounds, with some combinations being rarer and more desirable. The collection gained widespread popularity for its charming designs and the strong sense of community it fostered among collectors.
The Pudgy Penguins team has expanded the brand into physical products like toys, pins, and apparel, integrating their NFTs into everyday life. This move reflects their commitment to building a versatile and enduring brand.
Currently, the PENGU token serves as a gateway for individuals to join the Pudgy Penguins community, with no immediate utility tied to its use. However, the Pudgy Penguins brand is focused on expanding its reach and impact by breaking new ground across various industries, including retail, content creation, gaming, and social initiatives.
PENGU is listed on Binance for trade and purchase. The current price of PENGU is updated in real time on Binance.
