Tag: PENGU

PENGU Token Skyrockets 562% in a Week, Reaches $0.033 Milestone

PENGU token is popping off, skyrocketing 562% in a week to hit $0.0331! With Bithumb listing it and a $2B market cap, the hype is real. Plus, Bithumb’s doing an airdrop of 88M tokens for PENGU traders. Solana blockchain only, so get your wallets ready!

PENGU token is making major waves in the crypto scene. It jumped a jaw-dropping 562% in a week which has now made it to $0.0331. Over the last 24 hours, it’s up another 18%, and everyone’s talking about it. With a $2B market cap and trading volume soaring 113% to $777.36M, PENGU is on fire.

What’s behind the hype? South Korea’s top crypto exchange, Bithumb, just listed PENGU in its KRW market on December this year. Starting at 43.89 Korean won, the listing is already driving massive interest. But here’s the catch—trades and transfers are only available via the Solana network.

Wait, there’s more! Bithumb is also dropping an epic airdrop. If you trade PENGU on their platform by Dec. 25 (11:59 PM KST), you’re eligible to score a share of 88,888,888 tokens on Jan. 9, 2024. It’s a move that’s got traders buzzing.

PENGU’s meteoric rise is proof that the community’s confidence and some major exchange love can take a token to the moon. If you’re into Solana and looking for a hot new token, PENGU might just be your next move. Don’t sleep on it!

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$PENGU Token Crashes Amid $8.74M Sell-Off Frenzy

$PENGU faces massive sell-offs, with $9.3M sold so far, causing a 50% price drop. More sales may follow.

Yo, $PENGU is getting hit hard with a huge sell-off right now. A massive $8.74 million worth of tokens have already been sold, these sellings were mostly by early investors and some big wallets. One wallet, named HoTdB…YL8YZ, got a huge chunk of 888 million tokens just before the airdrop event. This wallet already flipped 169 million tokens for $0.05164 each, but it still holds 719 million tokens, worth around $40 million.

The selling didn’t stop after that—just 20 minutes later, another 176 million tokens were sold, worth $9.3 million. That’s nearly 20% of this wallet’s holdings gone. Now, it’s still sitting on 7.12 million tokens, worth $37.7 million, so more sales could be coming.

Right now, $PENGU’s price has dropped to $0.03388, down 50% in just 24 hours. With so many tokens still in circulation and big holders selling off, the price could keep dropping. If you’re holding $PENGU or thinking of jumping in, stay on top of the situation because things could get wild. Keep an eye out as this could seriously shake up the market!

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Pengu Token Airdrop: Could $20K Really Grow to $50K?

People are hyped over a Pudgy Penguin (PENGU) token farming hack claiming $20K in plushies could flip to $50K. But it’s all shaky math—actual NFT rewards might be worth $0.50, not $50. Plus, the refund trick raises red flags and ethical concerns. TL;DR: Risky move, probably not worth it.

Crypto Twitter’s buzzing about a controversial Pengu token (PENGU) farming trick that claims a $20K spend on Pudgy Penguin merch could turn into $50K. Sounds too good to be true? That’s because it probably is.

Here’s the deal: By buying 1,000 Pudgy plushies and figurines, you’d get linked NFTs that supposedly earn $50 each in the PENGU airdrop. Do the math—$50K in tokens for a $20K investment means a $30K profit, right? But there’s a massive catch. This plan assumes you can bulk-buy, scan all the QR codes, and return the items to Amazon without issues. Oh, and it also assumes the token value will actually be $50 per NFT. Spoiler: it won’t.

Crypto insiders say PENGU’s likely worth closer to $0.50 per NFT, slashing potential profits to nearly nothing. Plus, trying to game the system this way could hurt the Pudgy Penguin community, causing artificial demand and leaving legit buyers in the dust.

To make things messier, Pudgy boxes in some New York stores are already being tampered with—QR codes stolen! Instead of shady refund schemes, some suggest donating the toys to charity and keeping things ethical.

Bottom line: This hustle isn’t worth the risks. Don’t let FOMO lead you into a bad move.

Also Read: Ledger Wallet User Loses $2.5M in Bitcoin and NFTs to Phishing Scam

Pudgy Penguins Set to Debut PENGU Token on Solana

Pudgy Penguins is dropping its PENGU token on Solana, giving fans a chance to vibe with the community. With 88.8B tokens, holders and new “Huddle” members get major shares. The team has a vesting plan, and the NFT hype is real with $8M in trades and big retail deals.

The Pudgy Penguins fam just dropped a bombshell: their very own crypto, PENGU, is landing later this year on the Solana blockchain. The team announced it on X (formerly Twitter), hyping up their millions of fans and anyone who can’t get enough of those adorable penguins.

PENGU Basics 🐧💸

This isn’t just another token—PENGU is built to bring the Pudgy Penguins vibe to a whole new level. The supply? A chill 88,888,888,888 tokens. Even though the OG Pudgy Penguins NFTs are on Ethereum, they’ve picked Solana for this new chapter.

How’s the PENGU Pie Split?

Here’s how the tokens will be dished out:

  • 23.5%: For current Pudgy Penguins NFT holders (early penguin perks, anyone?).
  • 22.02%: Shared between Ethereum and Solana fam.
  • 12.32%: Boosting liquidity on decentralized exchanges.
  • 25.9%: For the Pudgy Penguins community—spread the love.
  • 24.12%: For new members and other NFT communities.

And of course, the core team isn’t left out. They’re getting 17.8%, but they’ll need patience—there’s a one-year cliff and a three-year vesting. The company itself holds 11.48%, also with similar rules.

The Pudgy Penguins Glow-Up 🐧✨

Since their debut in 4 years ago, these penguins have been thriving. With only 8,888 NFTs in the collection, their floor price is flexing at 17.90 ETH (around $68K). They’ve also teamed up with Walmart and Target to bring their charm to the mainstream.

Oh, and their recent trading stats? Wild. A 212% volume spike hit 2,877 ETH in a single day—that’s $8M, BTW. The collection’s market cap sits at a cozy $609M.

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