🐧 The native token of the Pudgy Penguins NFT project, PENGU, has entered the market with a market value of $312 million after being distributed to NFT owners via airdrop!

- Solana-based PENGU achieved a trading volume of $90 million in the first hour with a total supply of 88.88 billion.

- 23.5% of the supply was allocated for airdrop, while 22% was allocated to the Solana and Ethereum communities.

- The base price of Pudgy Penguin NFTs increased by 2.6% to 34.1 ETH ($136,000).

While the NFT market is experiencing a stagnation, Pudgy Penguins has managed to stay out of this trend. 💬 Share your thoughts in the comments!