Pudgy Penguins has announced the upcoming launch of its PENGU token, set to debut by year-end. The token will have a total supply of 88,888,888,888 and will be distributed among various stakeholders. Notably, 25.9% of the supply is allocated to the Pudgy Penguins community, while 24.12% will go to other communities. The team will hold 17.8% with a 1-year lock-up and 3-year vesting period. Project partners will receive 11.48% under similar terms, and 12.35% is reserved for liquidity support. Initially launching on Solana, the token will later expand to Ethereum and Abstract Chain.