Pudgy Penguins (PENGU) Price

$0.04

Pudgy Penguins (PENGU) Price Today

The live price of Pudgy Penguins is 0.04 USD. In the past 24 hours, the trading volume of Pudgy Penguins was 1.2B USD, down by -0.66%. The current price has decreased by -8.72% from its 7-day high of 0.04 USD, and increased by 37.23% from its 7-day low of 0.03 USD. With a circulating supply of 88,888,888,888.00 PENGU, the market cap of Pudgy Penguins is currently 2.7B USD, up by 7.03% in the last 24 hours. Pudgy Penguins currently ranks #43 by market capitalization among cryptocurrencies.

Pudgy Penguins (PENGU) Market Data

Market Cap

$2.6B

24h Volume

$1.2B

Circulating Supply

62.8B PENGU

Maximum Supply

Fully Diluted Market Cap

$3.7B

Liquidity Indicator

46.38%

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About Pudgy Penguins (PENGU)

What Is Pudgy Penguin?

Pudgy Penguins is one of the most successful and culturally influential NFT projects that has evolved into a comprehensive entertainment brand. Launched in 2021, it consists of 8,888 unique NFTs with a total volume of 389,742 ETH according to OpenSea.

The project has achieved remarkable cultural impact with over 50 billion social media views and mainstream recognition that extends far beyond the crypto community. Physical merchandise is now available in major retailers including Walmart, Target, and other chains, with over 1.5 million physical toys sold globally. This success has positioned Pudgy Penguins as the second-largest NFT project by market capitalization.

NFT Collections:

• Original Pudgy Penguins: 8,888 NFTs on Ethereum with 15+ ETH floor price

• Lil Pudgys: 22,222 companion NFTs with cross-chain functionality

Under CEO Luca Netz's leadership since 2022, Pudgy Penguins transformed from a struggling NFT collection into a global entertainment phenomenon bridging Web3 and mainstream culture.

Read More: What Are Pudgy Penguins(PENGU)? NFTs, Games, Tokenomics, and Ecosystem Overview (2025)

What Is PENGU and How Does It Work?

PENGU is the native token of the Pudgy Penguins ecosystem, designed to connect millions of fans with the brand. With a capped supply of 88 billion tokens, PENGU serves as more than just a meme coin, it's a utility token enhancing ecosystem engagement.

The token functions as a governance mechanism enabling community participation in key ecosystem decisions while unlocking premium features, exclusive NFTs, and digital collectibles. PENGU operates as a cross-platform bridge connecting physical merchandise, digital assets, and gaming experiences, creating a unified ecosystem where fans can engage with the brand across multiple touchpoints.

Built with multi-chain design, PENGU launched primarily on Solana with planned expansion to Ethereum and Abstract Chain. The token creates universal identity by linking Pudgy Penguin NFTs to wallets for cross-platform airdrops and powers gaming experiences in the Pudgy World metaverse and Pengu Clash.

When Was PENGU Launched?

PENGU launched on December 17, 2024, following a strategic timeline designed for maximum community engagement. The token was officially announced on December 6, 2024, with the token generation event and airdrop claims beginning at 8 a.m. ET on December 17. Trading started immediately on major exchanges including Binance, OKX, and Bybit.

The distribution process includes an 88-day claim window before unclaimed tokens are burned. Eligible holders include those with Pudgy Penguins, Lil Pudgys, Rogs, and SBT holders, with a snapshot taken on December 8, 2024 for soulbound tokens. Approximately 7 million wallets are eligible for claims, with pre-market trading showing a $0.05 per token value, implying a $4.4 billion fully diluted valuation.

More than 88 billion PENGU tokens were minted on Solana, distributed across multiple holder categories to ensure broad community participation.

What Are the Primary Use Cases of PENGU Token?

PENGU serves six essential functions within the expanding ecosystem:

1. Community Governance: Token holders can vote on ecosystem development and strategic partnerships, participate in merchandise licensing decisions, and influence project direction through DAO participation.

2. Exclusive Access and Rewards: PENGU provides access to premium content and limited-edition NFTs, early access to new drops and special releases, plus priority participation in events and community gatherings.

3. Gaming and Entertainment: The token integrates with Pudgy World metaverse experiences, enables enhanced gameplay in Pengu Clash and future games, and provides staking rewards and progression mechanics.

4. Cross-Chain Functionality: PENGU enables universal wallet linking across Ethereum and Solana, provides cross-platform airdrop eligibility, and supports multi-chain asset management.

5. Physical-Digital Bridge: The token connects physical Pudgy Toys to digital experiences through retail partnership integration and QR code redemption for toy purchases.

6. Social Engagement: PENGU incentivizes community campaign participation, rewards social media engagement, and enables contest and activity-based token distribution.

What Is PENGU Tokenomics?

PENGU employs a community-centric distribution model with a total supply of 88,888,888,888 tokens designed for long-term sustainability.

Community Focus (50.02%): The largest allocation goes to the Pudgy Penguins community at 25.9%, including NFT holders and ecosystem participants. An additional 24.12% targets other communities and new members, aiming to onboard 5 million users into the ecosystem.

Team and Operations (29.28%): Current and future team members receive 17.8% of tokens with a 1-year cliff and 3-year vesting schedule to ensure long-term commitment. The parent company Igloo Inc. holds 11.48% under similar vesting conditions.

Ecosystem Development (20.7%): Liquidity provision for decentralized exchanges receives 12.35% of the supply to ensure healthy trading markets. Public goods initiatives and community projects get 4%, while professional brand expansion and partnerships receive another 4%. A special 0.35% allocation goes to FTT holders.

Currently, 62.86 billion tokens (70.72% of total supply) are in circulation, with vesting schedules extending to 2028. The next major unlock is scheduled for December 17, 2025. The capped supply creates potential for value appreciation over time.

What Is Pengu Clash?

Pengu Clash is a skill-based Web3 game developed by the Pudgy Penguins team, operating as a Telegram mini-app on the TON blockchain. The game features penguin-based battles resembling billiards with strategic combat elements, where players engage in 1v1 multiplayer battles across various mini-games including curling, darts, and football.

The game operates on a play-to-win model where success is tied to player mastery rather than speculation. Players can enjoy the game without creating a wallet, though optional crypto integration allows for enhanced experiences using $FISH and $TON tokens for power-ups and cosmetic enhancements. The infrastructure is powered by Elympics for seamless multiplayer experiences.

Over 1 million users have already registered for early access, demonstrating strong community interest. The game targets Telegram's 1+ billion user base and serves as an entry point for mainstream users into Web3 gaming. Future integration with PENGU tokens is planned to create stronger connectivity with the main ecosystem.

Read More: What Is Pengu Clash, Pudgy Penguin's New Telegram Game?

What Blockchain Network Does PENGU Operate on?

PENGU primarily operates on the Solana blockchain, chosen for optimal user experience and low transaction costs. CEO Luca Netz emphasized that Solana provides the best customer experience for mainstream users. The project follows a multi-chain strategy with planned expansion to Ethereum for broader DeFi integration and Abstract Chain, which is Pudgy Penguins' proprietary Layer-2 solution currently in development.

Which Wallet Support PENGU Tokens?

PENGU works with all major Solana wallets. Phantom Wallet offers the most streamlined experience with both browser and mobile support. Other options include Solflare for advanced DeFi features, Coin Wallet for simple integration, Backpack for built-in exchange features, and Magic Eden for gaming-focused functionality. Users need to connect both Ethereum and Solana wallets for eligibility verification, though a Solana wallet is required for token receipt.

What Makes PENGU a Good Investment?

1. Mainstream Cultural Penetration: PENGU combines physical retail presence in major chains like Walmart and Target with over 50 billion social media views, creating a unique bridge between crypto and mainstream entertainment that few projects achieve.

2. Strong Market Performance: The token demonstrates robust trading activity with $1.59 billion daily volume and listings on major exchanges including BingX, providing strong liquidity and institutional access.

3. Utility-Driven Value: Unlike pure speculative tokens, PENGU offers tangible utility through gaming integration, entertainment ecosystem expansion, and physical merchandise connections that create real-world demand.

4. Strategic Multi-Chain Positioning: The project maximizes accessibility through Solana's superior transaction processing for community engagement while planning expansion to Ethereum and Abstract Chain for broader utility.

Information source

Official Website

Pudgy Penguins (PENGU) Price Converter

PENGU to USD

1 PENGU = $ 0.04

PENGU to VND

1 PENGU = ₫ 1,097.79

PENGU to EUR

1 PENGU = € 0.03

PENGU to TWD

1 PENGU = NT$ 1.23

PENGU to IDR

1 PENGU = Rp 686.96

PENGU to PLN

1 PENGU = zł 0.15

PENGU to UZS

1 PENGU = so'm 530.41

PENGU to JPY

1 PENGU = ￥ 6.20

PENGU to RUB

1 PENGU = ₽ 3.33

PENGU to TRY

1 PENGU = ₺ 1.70

PENGU to THB

1 PENGU = ฿ 1.36

PENGU to UAH

1 PENGU = ₴ 1.75

PENGU to SAR

1 PENGU = ر.س 0.15

Pudgy Penguins Price Converter

How to Buy Pudgy Penguins (PENGU)

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