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Cryptocurrency News Articles
Pudgy Penguins’ PENGU Token Launches Today With a $4.4 Billion FDV, But iDEGEN’s IDGN Meme Coin Is Up 52,000% in 3 Weeks
Dec 18, 2024 at 10:32 am
Pudgy Penguins’ native PENGU token is set to launch on Binance today, Tuesday the 17th of December, and early valuation data is astonishing.
The Pudgy Penguins (NFT) token, PENGU, is set to launch on Binance today, promising an astonishing valuation.
Announced to launch on Binance today, December 17, the Pudgy Penguins (NFT) token, PENGU, is already making waves with its incredible FDV.
Fully diluted valuation (FDV) is a crypto term used to describe the total market capitalization of a cryptocurrency if all of its tokens were in circulation. It’s calculated by multiplying the current circulating supply by the token’s price.
PENGU is forecast to have a FDV of a whopping $4.4 billion, which would remarkably cement its status as a top-15 crypto.
However, a different story in the market right now is shaping up to be even more explosive. iDEGEN’s out-of-control AI is making headlines, and its native meme coin, IDGN, is already up 52,000% just 3 weeks into its unconventional presale. With $5.7m raised so far, it’s still extremely early as the smart money floods in.
What is Pudgy Penguins?
It’s the world’s second-largest NFT collection by market cap. There are 8,888 unique Penguins with proof of ownership stored on the Ethereum blockchain.
Each penguin represents values like love, empathy, and compassion. And thanks to distinct clothing, accessories, and backgrounds, each offers collectible appeal. It’s basically a crypto Club Penguin, and if you don’t know what that is, reevaluate your life choices.
If you bag some of these flightless avians, you get to join The Huddle and become one of the Pengus, which means access to exclusive events, licensing opportunities, and much more.
Total supply is set at 88.88 billion PENGU tokens with the following allocations: 25.9% to the Pudgy Penguins NFT community, 24.12% for other NFT communities, 17% of the project team with a one-year cliff and three-year vesting period, 12.35% for liquidity pools, 11.48% for Igloo Inc., and 4% professional brand expansion.
Thanks to Binance’s HODLer Airdrops program, PENGU is set to become a penguin powerhouse, but NFTs are very much last cycle’s news, and right now, there’s an even bigger storm brewing with a much bigger upside.
iDEGEN: A genuine 100x opportunity
iDEGEN is an AI model gone wrong—or right, if you’re a filthy, six-fingered degen. It’s a blank-slate AI that has been trained on nothing but the manic and deprave ramblings of Crypto Twitter, and its insane, uncensored outputs have already helped it go viral, trending in the US and UK.
Posting on X every hour and replying to every interaction, there are no moral guardrails, and no woke talking points—this is an AI completely unplugged and allowed to metastasize into a 24/7 controversy machine.
And now, iDEGEN’s upcoming V2 AI will have Telegram functionality, can reply to specific accounts and hashtags, and video content is even on the way.
With unlimited controversy comes unlimited attention, and when meme coins get attention, they get pumped to the high heavens. iDEGEN is no different.
The iDEGEN presale: The world’s first adaptive crypto auction
11.1 billion IDGN tokens are up for grabs, and they represent the entry fee to the most extreme and viral social experiment in crypto history.
But this is no Plain-Jane presale—IDGN’s adaptive auction allows price to vary based on demand, so FOMO is maximized and pre-market price discovery gives investors confidence this won’t be another day-1 dump.
Plus, with a burn of all unsold tokens and a 10% premium set to be added to the final auction price, early money is sitting pretty right now as we hurtle toward exchange listings early next month.
Pudgy Penguins vs iDEGEN
In terms of the projects, there’s no real choice here: Pudgy Penguins is yet another NFT collection, albeit a huge one, while iDEGEN is the world’s most unhinged AI—and if you look at what AI meme coins have been doing recently in the meme coin supercycle, there is no competition.
Plus, iDEGEN isn’t using airdrops in an attempt to inflate its FDV—its impressive 52,000% gains are market-driven, while the project is 100% community-driven, and the organic growth potential is what really secures the W for this digital monstrosity.
Check out the iDEGEN website for more information.
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