Pudgy Penguins Token Launch: $PENGU Now Live on Binance

Editorial Note

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.

Sponsored
Sponsored

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

To read the latest cryptocurrency market analysis from BeInCrypto, click here.

Disclaimer

This third-party press release is published substantially as received and does not reflect BeInCrypto's editorial views. BeInCrypto has not independently verified its claims or assessed the suitability, legality or appropriateness of any referenced asset, product or service; publication is not an endorsement. The content is general information, not investment research, financial, investment, legal or tax advice, a personal recommendation, offer or solicitation. Verify all information and seek professional advice where appropriate before acting. Crypto-assets may result in total loss.

Sponsored
Sponsored