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Getting to know PENGU Coins, and preparing for the long term
$PENGU
PENGU is the governance and utility token of the Pudgy Penguins ecosystem, a popular NFT brand that launched in July 2021 with a collection of 8,888 unique penguins on Ethereum.
• The token will launch in December 2024, with support for the Solana chain and planned compatibility with Ethereum and layer-2 platform Abstract. PENGU is designed to provide exclusive access, governance rights, and utility such as games, merchandise, and interactive NFTs.
• The total supply is approximately 88.8 billion tokens, with ~25.9% allocated to the NFT community, and the remainder including the team and vesting.
Price Performance & Volatility • The all-time high was recorded around $0.057–0.068 in December 2024, and the lowest point was around $0.0037 in April 2025. • Following the airdrop and launch, many NFT holders sold their tokens as soon as vesting opened, causing a price crash of -30% to -57% within a short period. • Trading volume remains strong, reaching billions of dollars per day; such as on Binance, CoinMarketCap, CoinGecko, etc.
In March–June 2025, Canary Capital filed an ETF application with the US SEC to launch the Canary PENGU ETF, which will hold 80–95% PENGU tokens and 5–15% Pudgy Penguins NFTs, making it the first ETF to directly hold NFTs. • This proposal reflects growing institutional interest, while also sparking price volatility and discussions about the investment risks of assets with low liquidity and uncertain regulation. • Recent articles have cited PENGU as one of the meme coins with outperforming DOGE due to positive technical momentum and institutional exposure.
Long-Term Outlook Positive Potential: •Strong & growing brand — Pudgy Penguins has expanded into merchandise, animation, physical toys, and digital platforms like Abstract and Pudgy World. • Institutional support — The ETF filing indicates mainstream recognition, which could increase investor confidence and liquidity. • Loyal & creative community — The fan community is known to be prolific, and some users have highlighted the potential for a short-term price increase to $0.10–0.15 if adoption increases. Risks: • Highly volatile — Periods of crashes and sell-offs have demonstrated a high risk of both gains and losses. • Relatively limited token liquidity — Outside of emerging platforms or NFT markets, trading can be volatile. • Regulatory uncertainty — ETFs are experimental, not guaranteed approval, and rejection could undermine market confidence • Limited token utility — Electrification outside the NFT community is not yet widespread; real utilities are still under development .
$PENGU
#PENGUToken #pengu #PudgyPenguins #ETH
$ETH
PENGU is the governance and utility token of the Pudgy Penguins ecosystem, a popular NFT brand that launched in July 2021 with a collection of 8,888 unique penguins on Ethereum.
• The token will launch in December 2024, with support for the Solana chain and planned compatibility with Ethereum and layer-2 platform Abstract. PENGU is designed to provide exclusive access, governance rights, and utility such as games, merchandise, and interactive NFTs.
• The total supply is approximately 88.8 billion tokens, with ~25.9% allocated to the NFT community, and the remainder including the team and vesting.
Price Performance & Volatility • The all-time high was recorded around $0.057–0.068 in December 2024, and the lowest point was around $0.0037 in April 2025. • Following the airdrop and launch, many NFT holders sold their tokens as soon as vesting opened, causing a price crash of -30% to -57% within a short period. • Trading volume remains strong, reaching billions of dollars per day; such as on Binance, CoinMarketCap, CoinGecko, etc.
In March–June 2025, Canary Capital filed an ETF application with the US SEC to launch the Canary PENGU ETF, which will hold 80–95% PENGU tokens and 5–15% Pudgy Penguins NFTs, making it the first ETF to directly hold NFTs. • This proposal reflects growing institutional interest, while also sparking price volatility and discussions about the investment risks of assets with low liquidity and uncertain regulation. • Recent articles have cited PENGU as one of the meme coins with outperforming DOGE due to positive technical momentum and institutional exposure.
Long-Term Outlook Positive Potential: •Strong & growing brand — Pudgy Penguins has expanded into merchandise, animation, physical toys, and digital platforms like Abstract and Pudgy World. • Institutional support — The ETF filing indicates mainstream recognition, which could increase investor confidence and liquidity. • Loyal & creative community — The fan community is known to be prolific, and some users have highlighted the potential for a short-term price increase to $0.10–0.15 if adoption increases. Risks: • Highly volatile — Periods of crashes and sell-offs have demonstrated a high risk of both gains and losses. • Relatively limited token liquidity — Outside of emerging platforms or NFT markets, trading can be volatile. • Regulatory uncertainty — ETFs are experimental, not guaranteed approval, and rejection could undermine market confidence • Limited token utility — Electrification outside the NFT community is not yet widespread; real utilities are still under development .
$PENGU
#PENGUToken #pengu #PudgyPenguins #ETH
$ETH
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