Token Launch and Listing: Pudgy Penguins Makes Headlines with PENGU NFT Community Reacts
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Pudgy Penguins Launches PENGU Token with Binance Listing
December 17, 2024 – Today marks a significant milestone for the NFT community as Pudgy Penguins has officially launched its highly anticipated PENGU token, accompanied by a Binance listing and an airdrop program. The launch comes amidst heightened anticipation among investors and enthusiasts alike.
As reported, Pudgy Penguins’ official X account shared crucial information unveiling the token, followed swiftly by confirmation from Binance that it will list PENGU for spot trading. This move has been met with widespread excitement, as the announcement includes various trading pairs: USD, BNB, FDUSD, and TRY.
The newly minted token boasts a fully diluted valuation of $4.4 billion, which is calculated based on pre-market trading data. The 88.8 billion tokens distributed across key allocations will be made available to users who have enrolled in Binance’s HODLer Airdrop program.
NFT Floor Price Sees Unprecedented Surge
Unsurprisingly, the Pudgy Penguins NFT floor price has skyrocketed past an astonishing 33 ETH, translating to a value exceeding $133,000 at the time of writing. This significant surge is largely attributed to the anticipation surrounding the PENGU token launch.
The market reaction bears striking resemblance to BAYC’s ApeCoin launch, which initially surged before plummeting sharply. As such, it remains to be seen whether this trend will continue.
Source: cryptotale.org
