Pudgy Penguins Price
(PENGU)
USD($)
Pudgy Penguins (PENGU) Live Price Chart
Overview
About
Analysis
FAQ
Pudgy Penguins Live Price Data
The live price of Pudgy Penguins is $0.02819, with a total trading volume of $ 8.08M in the last 24 hours. The price of Pudgy Penguins changed by +0.39% in the past day, and its USD value has increased by +182.1% over the last week. With a circulating supply of -- PENGU, the market cap of Pudgy Penguins is currently -- USD, marking a --% increase today. Pudgy Penguins currently ranks #-- in market cap.
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Note: This data is for reference only.
Pudgy Penguins(PENGU) Profile
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Website
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Explorer
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Contract
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$0.02778
$0.03229
- ATH
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- Price Change (1h)
- -0.42%
- Price Change (24h)
- +0.39%
- Price Change (7d)
- +182.10%
- Market Cap
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- 24h Volume
- $8.08M
- Circulating Supply
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About PENGU
How can I buy Pudgy Penguins (PENGU)?
Buying PENGU on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Pudgy Penguins (PENGU) for more information. What Is Pudgy Penguins (PENGU) Crypto, and How Does It Work?
Pudgy Penguins, a popular NFT project, has introduced PENGU, its official cryptocurrency. Launched on December 17, 2024, PENGU operates on the Solana blockchain and has a total supply of 88.88 billion tokens.
PENGU aims to strengthen the connection between the brand and its global fanbase, allowing enthusiasts to participate more actively in the ecosystem. Initially launched on Solana, there are plans to expand PENGU to Ethereum and Abstract, an Ethereum layer-2 scaling network.
Eligible participants, including holders of specific NFTs and physical Pudgy Toys, have 88 days from the launch date to claim their PENGU tokens. After this period, any unclaimed tokens will be burned, reducing the total supply.
By holding PENGU, you become part of the Pudgy Penguins community, supporting the brand's growth and its ventures into various media and merchandise.
History of Pudgy Penguins NFTs and PENGU Coin
Pudgy Penguins is a collection of 8,888 unique NFTs launched on the Ethereum blockchain in August 2021. In April 2022, entrepreneur Luca Netz acquired the project for 750 ETH (approximately $2.5 million at the time).
Under Netz's leadership, Pudgy Penguins expanded into physical merchandise, including toys available at major retailers like Walmart and Target. On December 17, 2024, Pudgy Penguins launched PENGU, its official cryptocurrency, on the Solana blockchain.
The roadmap includes plans to expand PENGU to Ethereum and Abstract, an Ethereum layer-2 scaling network. Additionally, the team aims to grow the brand through ventures into movies, games, and TV, positioning Pudgy Penguins as a prominent character in the crypto market.
What Is PENGU Token Used for?
PENGU is the official cryptocurrency of the Pudgy Penguins ecosystem. Its primary use cases include governance rights within the community, potential staking opportunities, and facilitating transactions in the Pudgy Penguins marketplace.
You can trade PENGU on various platforms, including the KuCoin Spot Market. KuCoin listed PENGU on December 17, 2024, allowing users to trade the PENGU/USDT pair. By holding and trading PENGU, you actively participate in the growth and governance of the Pudgy Penguins community.What Is Pudgy Penguins Tokenomics?
The total supply of PENGU is 88.88 billion tokens, distributed as follows:
1. 25.9% allocated to the Pudgy Penguins community, including holders of Pudgy Penguins NFTs, Lil Pudgys, and Pudgy Rods.
2. 24.12% designated for other NFT communities and new "Huddle" members.
3. 17.8% reserved for current and future team members, with a one-year cliff and three-year vesting period.
4. 11.48% retained by the company under similar vesting conditions.
The remaining percentage allocated for liquidity pools, public goods, and professional brand expansion.
Pudgy Penguins (PENGU) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $0.00009 | 0.36% |
| 7 Days | $0.01859 | 186.10% |
| 30 Days | $0.01859 | 186.10% |
| 3 Months | $0.01859 | 186.10% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
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Pudgy Penguins Conversion Rate
FAQ
How much is 1 Pudgy Penguins (PENGU) worth?
KuCoin provides real-time USD price updates for Pudgy Penguins (PENGU). Pudgy Penguins price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time PENGU to USD exchange rates. Is Pudgy Penguins (PENGU) a Good Investment?
Investing in Pudgy Penguins' PENGU token offers several potential advantages:
1. Community Engagement: By holding PENGU, you join a vibrant and growing community, aligning yourself with the brand's future developments.
2. Ecosystem Participation: PENGU serves as the official token within the Pudgy Penguins ecosystem, potentially granting access to exclusive experiences, events, and opportunities.
3. Market Accessibility: You can trade PENGU on major exchanges like KuCoin, providing liquidity and opportunities for portfolio diversification.
4. Brand Expansion: Pudgy Penguins has successfully expanded into physical merchandise, with products available in major retailers, indicating a strong brand presence that could positively influence the token's value.
What Is Pudgy Penguins Price Prediction?
Several factors can influence the price of the Pudgy Penguins (PENGU) token:
1. Market Demand and Supply: High demand with limited supply can drive the Pudgy Penguins price up, while low demand or increased supply can lead to $PENGU price declines.
2. Community Engagement: Active participation and growth within the Pudgy Penguins community can positively impact the PENGU token price.
3. NFT Market Trends: Fluctuations in the value of Pudgy Penguins NFTs can affect PENGU to USD price. For instance, a significant drop in NFT floor prices coincided with a decline in PENGU's value.
4. Overall Cryptocurrency Market Conditions: Broader market trends and investor sentiment in the crypto space can influence PENGU's price movements.
5. Project Developments and Announcements: New partnerships, technological advancements, or major announcements related to Pudgy Penguins can impact the PENGU crypto price.
How do I store Pudgy Penguins (PENGU)?
You can securely store your Pudgy Penguins in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your PENGU include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Pudgy Penguins (PENGU) to cash?
You can instantly exchange your Pudgy Penguins (PENGU) for cash using KuCoin's Fast Trade feature. This feature enables you to convert PENGU to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.