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Cryptocurrency News Articles

Pudgy Penguins ($PENGU) Token Live on Bitunix Exchange, Targeting Broader Audience

Dec 20, 2024 at 05:00 am

Pudgy Penguins ($PENGU) is a leading Ethereum-based NFT project that was launched in July 2021 during the bull run.

Pudgy Penguins ($PENGU) Token Live on Bitunix Exchange, Targeting Broader Audience

As Bitcoin approaches the $100,000 mark, we are also nearing a face-melting altseason, as crypto experts describe it. Numerous crypto projects are popping up left and right. There are many meme coins being launched, but also narrative AI is dominating.

NFTs enjoyed their greatest popularity during the 2021 bull run, with some of them returning even during this bull run, including the 8,888 Pudgy Penguins NFT collection. The official coin of the Pudgy Penguins NFT collection $PENGU was launched on the Solana blockchain on December 17th. Bitunix exchange listed $PENGU on its spot market on December 18th.

$PENGU is now live.

CA: 2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv

Learn more & how to claim your PENGU below. pic.twitter.com/ROWgq02YbF

— Pudgy Penguins (@pudgypenguins) December 17, 2024

Pudgy Penguins ($PENGU) is a leading Ethereum-based NFT project that was launched in July 2021 during the bull run. Many considered the project dead until Luca Netz took the project under his leadership, evolving it from near obscurity into a web3 powerhouse, achieving mainstream success with over 50 billion social media views as per Coinmarketcap and physical toy placements in stores such as Walmart and Target.

The airdrop announcement triggered a surge in the Pudgy Penguins NFT floor price, which exceeded $100,000, making it the second-most expensive profile picture project in the NFT space, surpassing Bored Apes for a period of time.

LATEST: @pudgypenguins has surpassed @BoredApeYC to become the 2nd largest NFT collection by market cap, now valued at $779M. pic.twitter.com/qNDUPDSzgV

— CoinGecko (@coingecko) December 9, 2024

The total supply of $PENGU is 88.88 billion tokens, 25.9% of which will be airdropped to holders of Pudgy Penguins, Lil’ Pudgys, and Pudgy Rods, rewarding the community for its engagement. Eligible participants have 88 days to claim the airdrop. More information can be found on their X account.

The move to Solana marks a strategic expansion to reach a broader audience, with future plans to bridge $PENGU to Ethereum and Abstract, Pudgy Penguins’ parent company Igloo Inc.’s Ethereum layer-2 scaling network. In recent weeks, especially during December, $PENGU grew in popularity with many centralized exchanges listing it, including Bitunix.

Where to Buy Pudgy Penguins ($PENGU) Token

Those interested can buy the $PENGU token on the Bitunix exchange. With the launch of the $PENGU token, the Pudgy Penguins team announced that their token will be listed on several exchanges, including the fastest-growing crypto derivatives exchange Bitunix. $PENGU coin can easily be bought on Bitunix’s spot market.

How to Buy Pudgy Penguins ($PENGU) Token

Buying Pudgy Penguins’ $PENGU token on Bitunix is simple and can be done in a few steps. Here is the process for buying $PENGU:

Visiting the Bitunix Exchange platform and selecting the “Sign Up” option is the first step. New users have to register by entering their email and password while existing users can log in with their credentials.

2. Funding the Wallet

After logging in, accessing the “Wallet” section allows for depositing funds. Supported cryptocurrencies such as USDT can be added for trading. Alternatively, visiting the “Buy Crypto” section enables the purchase of funds directly using VISA, Mastercard, or other supported payment methods.

3. Accessing Spot Trading

Once funds are deposited, navigating to the Spot Trading section opens the platform’s trading interface. Searching for the PENGU/USDT pair is done using the search bar.

4. Buying $PENGU Tokens

The process will be completed by selecting the PENGU/USDT trading pair and entering the desired amount of $PENGU. Confirming the transaction ensures the tokens are instantly appearing in the Bitunix wallet.

By listing the Pudgy Penguins $PENGU token, Bitunix is expanding its offerings and providing access to one of the most anticipated NFT projects. This move further solidifies the platform’s role in supporting innovative and high-potential cryptocurrencies.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

News source:thecryptobasic.com

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Other articles published on Dec 20, 2024