One of South Korea’s largest crypto exchanges, Bithumb, has listed Pudgy Penguins on its platform. #PENGU token price surged 50% following the listing announcement, reflecting increased investor interest amidst major listings. This token hit the market on December 25th and spread its rising price rapidly throughout the market, which experts write about and my own personal experience says that this token is 01/01. /2025 is important to go beyond $1 in the market because this token has achieved a lot of success in a very short time in the market and it has proved to be a rare token because. The token has garnered significant traction due to its strong community support and recent market activities. Besides, this new listing positions the PENGU token for greater adoption, especially within the Korean market, further fuelling its ongoing rally.
The price of PENGU token is moving very fast after its listing on Bithumb
On December 24, Bithumb announced the addition of Pudgy Penguins #PENGU tokens to its KRW market. Deposits and withdrawals for the Solana-based token opened two hours after the notice, with trading scheduled to commence at 5:00 PM KST. The base price was set at 44.89 KRW, aligning with its growing demand in the crypto space.
To ensure secure trading, Bithumb implemented temporary restrictions on buy and sell orders. Buying orders were paused for the first five minutes after trading started. Similarly, selling orders were restricted to avoid drastic price movements, capped at -10% and +100% of the standard price during the initial trading phase.
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Meanwhile, deposits are exclusively supported through Bithumb-approved Exchanges and the Solana network. Non-compliant deposits may face delays in processing or refunds, making adherence to Bithumb’s deposit policies crucial for users.
Continuing the Pudgy Penguins Rally Is it going to keep going? And will go faster
Following the Bithumb listing announcement, the #PENGU #PENGU price experienced a significant 30% surge, trading at $0.035. Its 24-hour low and high are $0.03873 and $0.03257 respectively. With a market capitalization of $1.96 billion and a trading volume of $581 million, the token is gaining significant attention. As I mentioned above, in my experience this token will quickly move past 1$ in the next few days.
As per Coin glass, PENGUS Futures market also saw a surge in trading activity. Futures volume hit $687 million, while Open Interest reached $115 million, further supporting the token’s increasing traction in the derivatives market.
Pudgy Penguins #PENGU surged over 800% since its initial launch and airdrop distribution, signalling strong demand for the token. The project has rapidly gained popularity within the crypto community, further solidified by the support of the leading crypto exchanges. For context, Binance has also revealed its support for the recently launched crypto, which has gained notable traction.
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