There have been some exciting updates with Pudgy Penguins (PENGU) recently! Here are the latest developments:

PENGU Token Launch: The PENGU token went live on the Solana blockchain on December 17, 2024. Holders of Pudgy Penguins NFTs and related assets are eligible to claim their tokens2. The claim window is open for 88 days, closing on March 15, 2025.

Airdrop Details: The airdrop is valued at $1.5 billion, with over 88 billion PENGU tokens allocated. The distribution is designed to benefit the Pudgy Penguins community, other communities, and new "Huddle" members.

Market Performance: The PENGU token has seen a significant surge in trading volume and price. It recently outperformed popular meme coins like Dogecoin and Shiba Inu1. The token's price is currently around $0.0335, with a market cap nearing $2.1 billion.

Community Engagement: The Pudgy Penguins team has been actively engaging with the community, providing updates and addressing any issues encountered during the claiming process.

Future Plans: The project aims to integrate the PENGU token with Ethereum and Igloo's Layer 2 Abstract Chain, expanding its utility and reach.