Pengu Coin (PENGU) is the native cryptocurrency of the Pudgy Penguins ecosystem, a popular NFT collection that originated on the Ethereum blockchain. Launched on December 17, 2024, PENGU operates primarily on the Solana network, with plans to expand to Ethereum and Abstract, an Ethereum layer-2 scaling solution. The total supply of PENGU is 88.88 billion tokens, with approximately 25.9% allocated to Pudgy Penguins NFT holders through airdrops.
The token has garnered significant attention in the crypto market, experiencing a substantial price surge since its inception. As of January 5, 2025, PENGU was trading at $0.0431, marking a 760% increase since its launch. Its market capitalization reached approximately $2.7 billion, with a 24-hour trading volume of $870 million.
Analysts have provided various price predictions for PENGU. CoinCodex forecasts that PENGU could trade between $0.037495 and $0.053168 over the next year, potentially reaching up to $0.261039 by 2030. DigitalCoinPrice offers a more conservative estimate, predicting a value between $0.0827 and $0.0999 by the end of 2025, and between $0.26 and $0.28 by 2030.
The future of PENGU appears promising, supported by its integration into the expanding Pudgy Penguins ecosystem, which includes partnerships with major retailers like Walmart and Target, leading to over one million toy sales. However, as with all cryptocurrencies, PENGU is subject to market volatility and risks. Potential investors should conduct thorough research and consider market dynamics before making investment decisions.

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