The Pudgy Penguins non-fungible token (NFT) collection is making waves at the moment. Today it is launching its own cryptocurrency, PENGU. What is it and how can you benefit from the airdrop?
Pudgy Penguins PENGU airdrop takes place today
The Pudgy Penguins have been generating buzz in recent weeks, particularly because the collection releases a cryptocurrency based on Solana: PENGU. The launch date has been set for December 17, so the airdrop takes place today at 2 p.m. (French time).
Anyone who owns Pudgy Penguins, Lil Pudgys, or Pudgy Rods NFTs are eligible for airdrop – there is no “snapshot”. If this is your case, you therefore have a window of 88 days to claim your PENGU tokens. You can do this via a link provided by the official Pudgy Penguins accounts or their official website.
Moreover, BNB holders on Binance will receive an allocation of PENGU tokensthe project being part of the platform’s HODLer Airdrops program. Binance users who deposited BNB between December 9 and 12 will share 2.6 billion PENGU tokens, or 3% of the total supply.
???? Our complete guide to understanding everything about non-fungible tokens (NFTs)
As always, it is important to guard against scams, which already abound on X. Make sure you are dealing with an official communication and never send cryptocurrency without being sure of yourself.
Beyond the airdrop, Several major exchanges have confirmed that they will list PENGU today. This is the case for OKX, Bybit, as well as Binance, which will list the token at 3 p.m. Those who do not receive PENGU directly will therefore be able to find them for purchase.
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The Pudgy Penguins exploded during the bull run
Pudgy Penguins are perhaps the collection that has benefited the most from renewed interest in recent weeks. Their floor price has jumped by 253% over the last 30 days. (+300% for Lil Pudgys). It is now the 2nd most capitalized NFT collection at the moment, behind CryptoPunks and ahead of the Bored Ape Yacht Club (BAYC).
???? Also read: Up to $70 in Bitcoin free for the holidays with Ledger – Exclusive offer valid until December 31
Overall, the capitalization of NFTs has tended to climb since this fall, a welcome change while the collections seemed rather bloodless at the start of the year. As is often the case in the cryptocurrency sector, non-fungible tokens wake up when major assets explode on the rise.
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Source : Pudgy Penguins via X
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Journalist at Cryptoast since 2017, I am passionate about the issues of decentralization, privacy and regulation. I specialize in traditional economics and finance by analyzing how news in this sector influences the cryptocurrency industry, providing a unique and informed perspective to Cryptoast readers.
Marine Debelloir
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