The launch of the PENGU token is aimed at expanding the Pudgy Penguins ecosystem and attracting a new audience. According to CoinGecko, as of December 17, 2024, the minimum price for NFTs from the Pudgy Penguins collection is 32.9 ETH (approximately $131.8 thousand), making the project the second largest by market capitalization among NFT projects, second only to CryptoPunks.

Preliminary trading of the PENGU token has already begun. On the Whales Market platform, the price of the token is around $0.043, with a daily trading volume of $4.5 million. At this price, the total market capitalization of PENGU could exceed $3.7 billion, which would place it in the top 50 largest cryptocurrencies.

Some analysts predict that by 2025, the price of PENGU could reach $2, considering the growth of the community and the popularity of the project. However, investors should take into account the risks associated with the volatility of the cryptocurrency market and conduct thorough analysis before investing.

Conclusion:

The PENGU token represents a significant step in the development of the Pudgy Penguins ecosystem, offering new opportunities for interaction with the brand and participation in its growth. However, like any investments in cryptocurrencies, it is important to carefully assess the risks and make informed decisions.$PENGU