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Cryptocurrency News Video

What is Pengu Coin? What is the project. Will PENGU coin rise?

Dec 31, 2024 at 08:00 am Cryptosty

Reference Link for Binance Discount Trade: https://www.binance.com/tr/activity/r... Reference Link for Gate.io Discount Trade: https://www.gate.io/signup/7932542 Reference Link for Mexc Exchange Discount Trade: https://m.mexc.com/auth/signup?invite... This video does not contain any investment advice. It is for information purposes. Pudgy Penguins is an Ethereum-hosted NFT collection that started out in July 2021. It is a collection of 8,888 distinct cartoon penguin NFTs owned by over 4,000 people, each having a random feature. Since each penguin can have up to five randomly created unique traits - from body types to special backdrops to clothes and accessories - no two penguins are the identical. Besides NFTs, Pudgy Penguins brand also produces toys and various merchandise such as pins and hoodies featuring these cute little penguins. But the most significant aspect of Pudgy Penguins is its strong community, which is also the most vital feature that any cryptocurrency project should have. In just three years, they built their own community of millions of followers. However, it wasn’t always like this. After the initial hype in 2021, Pudgy Penguins had to deal with a challenging period which they now call the “Great Blizzard”. For almost half a year, they were mocked by other established NFT projects. $PENGU is the native utility token of the Pudgy Penguins ecosystem, launched on 17th December 2024. It was deployed on the Solana blockchain, chosen for its high throughput and low transaction fees which benefit user experience and overall accessibility. The token has a total supply of 88,888,888,888 PENGU tokens. The PENGU token allocation is designed to foster community growth, ensure long-term project sustainability, and support public initiatives. A significant 50% of the total supply is dedicated to community growth and expansion, rewarding active participants. The core team and company reserves hold 29.28% with vesting schedules to secure long-term commitment. Liquidity pools receive 12.35% to ensure smooth market trading, while 8% is allocated for public good initiatives and token proliferation. Additionally, 0.35% is reserved for FTX token holders. #pengu #kripto #Coin
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