@Pengu is the official cryptocurrency of the Pudgy Penguins ecosystem, a well-known Web3 brand that originated as an NFT collection. It is primarily a utility and governance token designed to reward community loyalty and support the brand's expansion into media and merchandise.
### Market Status (May 13, 2026)
Current Price: Approximately $0.0095.
Market Cap: Around $600 million, currently ranked #96 or #97 globally by market capitalization.
Supply: There are roughly 63 billion tokens in circulation out of a total maximum supply of 88.89 billion.
All-Time High: The token reached a peak of $0.068 or $0.07 on December 17, 2024.
### Key Features
Ecosystem:
$PENGU operates on the Solana network, with ongoing expansion to Ethereum and the Abstract layer-2 scaling network.
Utility: Holders can participate in governance and may gain access to exclusive content, events, or experiences within the Pudgy universe.
Accessibility: It is traded on major centralized exchanges including Binance, Coinbase, Kraken, and Bybit.
### Investment Considerations
Volatility: Like many memecoins,
#pengu is considered highly speculative and subject to significant price fluctuations.
Brand Strength: Its value is closely tied to the popularity of the Pudgy Penguins brand, which has sold over one million toys through major retailers like Walmart and Target.