Pudgy Penguins (PENGU): A Comprehensive Overview

NexxtGen Markets
Apr 30
2 min read

🐧 Introduction to Pudgy Penguins and $PENGU

Pudgy Penguins is a prominent NFT collection launched on the Ethereum blockchain, featuring 8,888 unique, hand-drawn penguin characters. Since its inception in July 2021, the project has garnered a dedicated community and expanded its brand through merchandise and collaborations. In December 2024, Pudgy Penguins introduced its native utility token, $PENGU, on the Solana blockchain to further engage its community and integrate into the Web3 ecosystem.

💰 Tokenomics and Market Performance

Launch Date: December 17, 2024
Blockchain: Solana
Circulating Supply: Approximately 62.86 billion $PENGU tokens
Total Supply: 76.72 billion $PENGU tokens
Market Capitalisation: Approximately $680 million
All-Time High: $0.0692
Current Price: Approximately $0.0107

Despite a significant price decline from its all-time high, $PENGU has experienced notable surges, including a 250% increase since April 9, 2025, indicating strong community interest and speculative trading activity.

🎁 Airdrop and Community Engagement

The $PENGU token was distributed through airdrops to existing Pudgy Penguins NFT holders, including those owning Pudgy Penguins, Lil Pudgys, and Pudgy Rods. This approach aimed to reward early supporters and strengthen community ties.

📈 Recent Market Activity

In late April 2025, $PENGU experienced a 130% price increase, outperforming other meme coins like Trump and Bonk. This rally was attributed to renewed interest in meme coins and speculative trading behaviours.

⚠️ Market Considerations

While the $PENGU token has demonstrated significant price movements, it's important to note that meme coins are highly speculative and can be subject to extreme volatility. Investors should exercise caution and conduct thorough research before participating in such markets.

🔗 Where to Buy $PENGU

$PENGU is available for trading on eToro. To get started, simply create an account on eToro, deposit funds, and start trading $PENGU alongside a wide range of other assets.

🔗 Join eToro now through this link to access the $PENGU token and other exciting investment opportunities.

Pudgy Penguins' $PENGU token represents an intersection of NFT culture and meme coin dynamics within the broader cryptocurrency landscape. While it offers opportunities for community engagement and speculative investment, potential investors should be mindful of the inherent risks associated with meme coins.

📈 Join Us

Start your trading & investment journey today at https://bit.ly/nexxtgenmarkets

⚠️ Risk Warning

Trading and investing carry risks. You should seek professional advice before engaging in such activities. Leverage can amplify both gains and losses. Past performance is not indicative of future results. Full risk disclosure: http://nexxtgen.pro/risk

🧾 NexxtGen Markets partner with eToro and may receive a small commission for anyone joining eToro via our website or socials.