The Pudgy Penguins ($PENGU) token has officially launched on Binance today, December 17, 2024, at 14:00 UTC. With trading pairs like PENGU/USDT, PENGU/BNB, PENGU/FDUSD, and PENGU/TRY, Binance has provided global exposure for this highly anticipated cryptocurrency. Operating on the Solana blockchain, the token has already garnered significant market interest.
At launch, 70.22% of the total supply of 88,888,888,888 $PENGU tokens** entered circulation, amounting to **62,415,951,646 tokens**. Pre-market trading began at **$0.044, but current on-chain data shows an increase to $0.05531**, bringing the market capitalization to approximately **$4.68 billion.
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Short-Term Price Predictions for Pudgy Penguins ($PENGU)
The short-term outlook for $PENGU indicates consistent upward momentum following its Binance debut. Analysts predict significant price increases as investor interest and liquidity rise.
| Date | Average Price | Percentage Change |
|---|---|---|
| 2024-12-18 | $0.0196 | 157.48% |
| 2024-12-19 | $0.0242 | 217.73% |
| 2024-12-20 | $0.0261 | 241.98% |
| 2024-12-21 | $0.0288 | 277.23% |
By December 21, 2024, the token is projected to reach an average price of $0.0288, marking a 277.23% increase from its launch levels. This strong performance is driven by the Binance listing and growing ecosystem.
Long-Term Price Predictions: 2025–2028
Long-term forecasts for $PENGU suggest steady growth over the next four years, fueled by expanding adoption and utility within the Solana ecosystem.
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2025 | $0.0163 | $0.0187 | $0.0198 |
| 2026 | $0.0225 | $0.0263 | $0.0276 |
| 2027 | $0.0293 | $0.0343 | $0.0351 |
| 2028 | $0.0293 | $0.0343 | $0.0351 |
- 2025: Prices expected to range between $0.0163** and **$0.0198.
- 2026: Forecasted to trade between $0.0225** and **$0.0276.
- 2027–2028: Stabilization with maximum values reaching $0.0351.
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FAQs
1. What is Pudgy Penguins ($PENGU)?
Pudgy Penguins ($PENGU) is a community-driven cryptocurrency token built on the Solana blockchain, linked to the Pudgy Penguins NFT ecosystem.
2. When was $PENGU listed on Binance?
$PENGU debuted on Binance on December 17, 2024.
3. What trading pairs are available for $PENGU?
Binance offers PENGU/USDT, PENGU/BNB, PENGU/FDUSD, and PENGU/TRY.
4. What is the short-term price prediction for $PENGU?
By December 21, 2024, $PENGU is expected to rise to **$0.0288, a 277.23% increase** from launch.
5. What are the long-term price predictions for $PENGU?
By 2028, $PENGU is forecasted to trade between **$0.0293 and $0.0351**.
6. How much of the total $PENGU supply is in circulation?
At launch, 70.22% of the total supply (62,415,951,646 tokens) entered circulation.
7. What blockchain does $PENGU operate on?
$PENGU is built on the Solana blockchain, known for its speed and low fees.
8. What drives $PENGU's price increase?
Factors include the Binance listing, strong community support, and Solana’s infrastructure.
Conclusion
Pudgy Penguins ($PENGU) has made a strong debut on Binance, with short-term projections indicating a steady rise and long-term forecasts pointing to sustained growth. As the project gains traction, $PENGU is poised to become a notable asset in the Solana ecosystem. Investors are closely monitoring its post-listing performance.