Pudgy Penguins, the Ethereum-based NFT project with over 50 billion social media impressions and retail presence in Walmart and Target, has launched its new PENGU token on Solana. Here’s a detailed guide on the airdrop, tokenomics, claim process, and key features.
What Is PENGU?
PENGU is the ecosystem token for Pudgy Penguins, now live on Solana. With a total supply of 88.88 billion tokens, 25.9% is allocated to Pudgy Penguins community members via an airdrop.
Key Highlights:
- Designed to deepen fan engagement with the brand.
- Future expansions planned for Ethereum and Abstract (an Ethereum L2).
- Tokenization aligns community incentives, as termed by Luca Netz, Pudgy Penguins’ IP owner.
PENGU Release Date
The token launched on December 17, 2024. Official claim details were shared exclusively via Pudgy Penguins’ X (Twitter) account. Beware of scam tokens—only trade PENGU on verified exchanges.
Who Qualifies for the PENGU Airdrop?
Eligibility spans multiple tiers of NFT holders:
| NFT Held | PENGU Allocation |
|---|---|
| Pudgy Penguins | ~1.7 million tokens |
| Lil Pudgys | ~188,000 tokens |
| Pudgy Rods | 105K–195K tokens |
Additional allocations target Web3 communities and Abstract Discord "Elite" roles. No snapshot was taken—holdings at token creation determined eligibility.
Key Features of PENGU
- Marketplace Transactions: Buy/sell assets within the Pudgy ecosystem.
- Community Rewards: Incentives for active token holders.
- Exclusive Access: Token-gated events and experiences.
- Solana Blockchain: Fast, low-cost transactions.
👉 Discover how PENGU boosts NFT utility
Where to Buy PENGU?
PENGU is available on major exchanges like Tokocrypto from December 18, 2024. Trade the PENGU/USDT pair with simple steps:
- Log in to your exchange account.
- Search for
PENGU/USDT. - Place buy orders.
FAQs
Q: Can I claim PENGU if I sold my Pudgy NFT after the airdrop?
A: No. Only wallets holding eligible NFTs at token creation qualify.
Q: Will PENGU launch on Ethereum?
A: Yes, expansions to Ethereum and Abstract are planned.
Q: How do I avoid PENGU scams?
A: Only use official links from Pudgy Penguins’ X account and verified exchanges.
👉 Learn about Solana token security
Conclusion
PENGU strengthens Pudgy Penguins’ ecosystem by bridging NFTs, community, and Web3 growth. Strategic tokenomics and cross-chain plans position it as a leading NFT-linked token.
Disclaimer: Investing carries risks. Conduct independent research before trading. This article is not financial advice.
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