Pengus Soar to $638M Market Cap as Trading Volume Tops $194M
Pudgy Penguins (PENGU) is currently trending on CoinGecko after posting a 2.4% gain in the past 24 hours, with a market cap of approximately $638 million and trading volume reaching $194 million over the same period.
The PENGU token was launched in late 2024 as the official token of the Pudgy Penguins ecosystem, serving as 'the world's social currency' linked to one of the most recognized brand identities in the NFT space.
Pudgy Penguins is a collection of 8,888 penguin-themed NFTs on Ethereum (ETH) that launched in 2021 and became one of the most traded blue-chip NFT projects during the 2021-2022 cycle. The token extends the brand into fungible crypto markets, providing holders with access to ecosystem benefits and acting as a liquidity and governance layer tied to the Pudgy Penguins universe.