Lunch for $PENGU Coin on Binance

The PENGU Coin, the official token of the Pudgy Penguins NFT ecosystem, is set to launch soon on the Solana blockchain, marking a significant expansion for the project.

The token will have a total supply of 88 billion, with a strategic allocation focusing on community growth and ecosystem integration. Key portions of the supply will be distributed to current NFT holders (up to 23.5%) and broader crypto communities (22.02%).

Additionally, 12.32% will be reserved to ensure liquidity on decentralized exchanges.

The launch aligns with Pudgy Penguins' transition into a more expansive crypto-native brand.

It follows the project's growing influence in the NFT space, which includes successful NFT collections, physical merchandise, and plans for a mobile game launch in 2025.

PENGU's entry into the Solana ecosystem also reflects broader market trends emphasizing scalable, cost-efficient blockchain platforms.