Crypto
Pudgy Penguins' Token Shines Amid Market Selloff
Pudgy Penguins' (PENGU) token rose 11.7% in the 24-hour period ending April 27, 2026, defying the broader market selloff. The token traded at $0.00970, with a market cap of approximately $610.3 million.
This significant gain made PENGU one of the top performers among assets in the top 100 by market cap, despite Bitcoin (BTC) and Ethereum (ETH) experiencing declines of 1.8% and 3.0%, respectively.
The token's high trading volume of $508.9 million exceeded its total market cap by roughly 83%, indicating concentrated activity on major centralized exchanges.