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Pudgy Penguins Token Launch: $PENGU Now Live on Binance

2 mins
Updated by Dmitriy Maiorov
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Pudgy Penguins is a leading and highly popular NFT collection on Ethereum with a market cap exceeding $500M.

Launched in 2021, Pudgy Penguins quickly became a sensation during the early NFT boom, earning mentions in the New York Times, features on CNBC, and spawning countless internet memes.

Today, Pudgy Penguins have grown beyond NFTs, becoming one of crypto’s strongest communities and a global cultural phenomenon, with over 50 billion views on social media.. Now, they are taking a bold step forward with the launch of their own token, $PENGU, which is officially live on Binance! Additionally, 3% of the total $PENGU supply has been allocated for the Binance HODLer Airdrop.

About Binance HODLer Airdrops Portal

The Binance HODLer Airdrops program rewards BNB holders with token airdrops based on historical snapshots of their BNB balances. Users who subscribe their BNB to Simple Earn automatically become eligible for HODLer Airdrops, as well as rewards from Launchpool and Megadrop. 

$PENGU is the 5th project launched through the HODLer Airdrops portal, and like other tokens, it is listed with world-class liquidity across multiple trading pairs. The project has received extensive support after listing, with access to various resources within the Binance ecosystem.

About $PENGU

$PENGU is a token launched by Pudgy Penguins, serving as a way for people to join the community. While it has no direct utility, the Pudgy Penguins brand will continue to expand its reach through various retail, content, gaming, and social initiatives.

Key Details

  • Token Type: SPL Token
  • Circulating Supply When Listed on Binance: 62,415,951,646 (70.22% of max token supply)
  • Total Supply: 88,888,888,888
  • Maximum Supply: 88,888,888,888
  • Binance HODLer Airdrop Allocation: 2,666,666,666.64 (3% of max token supply)

Tokenomics

  • Pudgy community: 25.9% $PENGU
  • Other communities: 24.12% $PENGU
  • Current & future team: 17.8% $PENGU
  • Liquidity: 12.35% $PENGU
  • Company: 11.48% $PENGU
  • Public good: 4% $PENGU
  • Proliferation: 4% $PENGU
  • FTT holders: 0.35% $PENGU
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This article contains a press release provided by an external source and may not necessarily reflect the views or opinions of BeInCrypto. In compliance with the Trust Project guidelines, BeInCrypto remains committed to transparent and unbiased reporting. Readers are advised to verify information independently and consult with a professional before making decisions based on this press release content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

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