Pudgy Penguins ( $PENGU ) Launches PENGU Token with Airdrop Program
Pudgy Penguins, a popular Non-Fungible Token (NFT) project, has officially launched a new token called PENGU, which is now available for trading on decentralized exchanges (DEX) connected to the Solana (SOL) wallet as of Tuesday (17/12).
The launch also includes a highly anticipated PENGU airdrop, running for 88 days with a total of 88.88 billion tokens distributed. Of this amount:
• 25.9% is allocated to current Pudgy Penguins NFT holders.
• 24.12% is distributed to other NFT communities randomly.
Notably, PENGU users on DEX who meet the eligibility criteria can claim their tokens without requiring a snapshot, allowing them to immediately access the rewards.
Luca Netz, CEO of Igloo, advised participants to ensure their Solana wallets contain at least US$10 worth of SOL to cover transaction fees.
Within just the first hour of its release, PENGU’s NFT token recorded approximately US$90 million in trading volume, reflecting strong market enthusiasm for the project.
