Binance to List Pudgy Penguins’ PENGU Token and Simon’s Cat Meme Coin

Binance will list meme coin CAT and PENGU token on December 17, with trading pairs including USDT, BNB, FDUSD, and TRY.

CAT surged over 60% following the announcement, while PENGU marks its first distribution with 623 million tokens in circulation.

Critics: Question Binance’s listing practices, citing price volatility and concerns over pump-and-dump patterns.

Binance has announced the listing of two new tokens — Pudgy Penguins’ native token, PENGU, and meme coin Simon’s Cat.

PENGU will go live on December 17 at 14:00 UTC, with trading pairs including USDT, BNB, FDUSD, and TRY. Simon’s Cat will launch earlier in the day at 09:00 UTC, with similar trading pairs.

Binance listing sparks massive surge for meme coin CAT

The announcement sent Simon’s Cat (CAT) soaring by over 60%, hitting an all-time high of $0.00006811. The meme coin’s market cap rose to $439 million.

In contrast, PENGU’s listing on Binance marks the token’s first-ever airdrop. At launch, PENGU will have a circulating supply of over 623 million tokens, representing around 70.22% of the total supply.