🐧 Pudgy Penguins' PENGU token took a chilly plunge, dropping over 50% post-airdrop! Despite the frosty start, the project distributed nearly half of its 89 billion tokens, with 26% reserved for NFT holders. Initially soaring with a $2.8 billion market cap, PENGU now waddles below $2 billion. No specific use case yet, but governance is on the horizon.

NFT fans, did you grab your PENGU? Share your thoughts below! 🐧

Pudgy Penguins, launched in 2021, boasts 8,888 unique NFTs and has expanded with Lil’ Pudgys and Pudgy Rods. With a floor price of 16 ETH, these penguins are making waves, second only to CryptoPunks!