Pudgy Penguins, the second-largest NFT collection by market cap, announced the launch of their PENGU token. Binance confirmed that it will support spot trading of PENGU with various trading pairs. Binance also announced an airdrop for PENGU, and the token has a total supply of 88,888,888,888 tokens. Pre-market trading data shows PENGU trading at $0.05 per token, with a fully diluted market value of $4.4 billion. The launch comes after a surge in the floor price of Pudgy Penguins NFTs, with prices reaching over $100,000.



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