Pudgy Penguins (PENGU), a cryptocurrency token linked to an NFT collection, has seen increased attention and whale activity in the market. Notable whales have been buying and accumulating PENGU tokens, potentially indicating a market upturn. One whale exchanged a significant amount of ai16z tokens for PENGU, while another whale increased their holdings through an airdrop. PENGU's price has experienced volatility but has stabilized within a range over the past week. Despite this, PENGU has surpassed 500,000 holders and has a market cap of over $2.26 billion. Additionally, there is a new scam targeting Pudgy Penguins users through fraudulent websites. Users are advised to take precautions to protect their wallets and funds.



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