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Pudgy Penguins Launches PENGU Token with Binance Listing
Today, Pudgy Penguins announced the launch of its highly anticipated PENGU token, accompanied by a listing on one of the world’s largest cryptocurrency exchanges, Binance. As part of this major milestone, eligible participants will be able to claim their tokens starting from 8:00 AM EST tomorrow.
According to the official announcement, the total supply of PENGU tokens is capped at 88,888,888,888 units, with a fully diluted valuation of $4.4 billion based on pre-market trading data. This significant development marks a major achievement for the NFT pioneer.
The token’s listing on Binance will allow users to engage in spot trading, including pairing options with USD, BNB, FDUSD, and TRY. Furthermore, an airdrop program has been introduced for participants enrolled in HODLer Airdrop program by Binance.
In related news, the Pudgy Penguins NFT floor price has surged past 33 ETH, translating to over $133,000 at the time of writing, with Ethereum’s value currently hovering around $4,000. This remarkable increase is largely attributed to the anticipation surrounding the upcoming PENGU token launch.
The surge in demand and excitement can be seen as a reflection of growing investor interest within the ecosystem, drawing parallels with BAYC’s ApeCoin launch earlier this year. The market response to PENGU’s rollout will provide valuable insights into its long-term viability.
In conclusion, the Pudgy Penguins community is abuzz with the successful listing on Binance and an airdrop program for eligible participants.
Source: cryptotale.org
