On December 16, 2024, Binance officially launched the 5th HODLer Airdrop Project - Pudgy Penguins (PENGU), a well-known NFT collection series based on Ethereum. Users can use BNB to subscribe to earning products (regular/current) from 08:00 on December 9, 2024 to 07:59 on December 13 (Eastern Time) to receive airdrop allocations. The new tokens will be distributed to spot wallets 1 hour before trading opens.
PENGU listing time: 22:00 on December 17, 2024 (Eastern Time Zone 8)
Open trading pairs: USDT, BNB, FDUSD, TRY
Applicable rules: Seed tag trading rules
I. PENGU HODLer airdrop details
Token name: Pudgy Penguins (PENGU)
Total supply/maximum supply: 88,888,888,888 PENGU
Total airdrop: 2,666,666,666.64 PENGU (3% of maximum supply)
Pre-listing circulation: 623,125,000 PENGU
Smart contract: Solana, 2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv
BNB holding limit: single user holding ratio ≤ 4%
II. Pudgy Penguins project introduction
PENGU is Pudgy Penguins The official tokens launched are designed to expand community influence and enhance ecological development:
Pudgy Penguins: A famous NFT series on the Ethereum blockchain, containing 8,888 unique cute penguin images, has become the second largest NFT project in terms of market value, second only to CryptoPunks.
Multi-chain deployment: PENGU will be first released on Solana, and plans to expand to Ethereum and other chains.
The market response is enthusiastic:
Pudgy Penguins NFT reserve price increased from 16 ETH to 23 ETH.
Lil Pudgies reserve price increased from 1.7 ETH to 2.5 ETH.
3. Positioning and characteristics of PENGU
PENGU integrates meme coins, utility tokens and cultural tokens, and is the core pillar of the Pudgy Penguins ecosystem:
Wide audience: Pudgy Penguins has a huge influence around the world:
34 billion GIF views
1.6 million Instagram followers
Over 1.5 million physical toys sold worldwide
Fan participation: PENGU provides a new way for non-encrypted users to participate, allowing holders to connect more closely with brands and IPs, similar to buying company stocks, which has both investment attributes and can express fan identity.
4. Token Economics Highlights
PENGU's token economic model is unique in style, reflecting the brand's fun and community orientation:
Total supply: 8.89 billion, paying tribute to the "8,888" of the NFT series
Claim period: 88 days
Allocation details:
Pudgy community: 26% (covering about 15,000 wallets)
Other communities: 24% (for about 5 million wallets)
This large-scale distribution strategy aims to reach a wider user base and promote the long-term development of the PENGU ecosystem.
The launch of PENGU is not only an expansion of the Pudgy Penguins ecosystem, but also injects new vitality into the NFT market. It has both cultural, practical and investment value, attracting the attention of fans and investors.
