CandleFocus PENGU: Everything You Need to Know About the Pudgy Penguins Solana Token and Airdrop
2024-12-13
Author: Content Editor
The popular Ethereum NFT project, Pudgy Penguins, is launching its own token called PENGU. The announcement has caused the floor price of Pudgy Penguins NFTs to skyrocket, making it the second largest profile picture (PFP) project in the NFT space. PENGU will initially be launched on the Solana blockchain but will eventually expand to Ethereum and Abstract. The token aims to offer a better connection between Pudgy Penguin fans and the brand. The total supply of PENGU tokens is set at 88.88 billion, with various allocations planned for the Pudgy Penguins community, other communities in Web3, the Pudgy Penguins team, liquidity pools, the company, public good efforts, brand proliferation, and FTT token holders. The specific ratios for token distribution have not been announced yet. Pre-market trading for PENGU has already begun, with the current trading price at $0.04.
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