All coins

Pudgy Penguins

PENGU
Meme / NFTLaunched 2024
Max Supply
88.89B
Circulating
62.86B
Launched
2024
Minute-Level Data From
2025-01-14

What it does

PENGU is the community token for Pudgy Penguins, one of the most recognized NFT collections (8,888 original penguin NFTs on Ethereum). The token launched in December 2024 on Solana, airdropped to Pudgy Penguin NFT holders and Solana wallet users. It serves as the community currency for the Pudgy Penguins brand, which expanded from NFTs to physical merchandise (Walmart toy licensing), gaming, and digital experiences.

How it works

PENGU is an SPL token on Solana with a total supply of 88,888,888,888 tokens β€” a reference to the 8,888 original Pudgy Penguins NFTs. The supply number is symbolically constructed from 8s. Distribution was primarily through airdrop: existing Pudgy Penguins NFT holders received allocations based on their holdings, while Solana ecosystem users received community airdrop portions. The token provides community membership status, potential utility in future Pudgy Penguins digital experiences and gaming initiatives, and serves as the primary way for non-NFT-holders to participate in the Pudgy Penguins ecosystem.

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Problem it solves

NFT communities have limited ways to include people who can't afford expensive NFTs. PENGU allows anyone to participate in the Pudgy Penguins brand community at a much lower cost than buying an original NFT (which can cost hundreds of thousands of dollars). The token creates a scalable community layer around the NFT brand.

Key Differentiator

The token representing one of the most successful NFT-to-mainstream-brand transitions in crypto β€” backed by physical Pudgy Penguin toys sold at Walmart, giving it real-world brand recognition beyond the crypto niche.

Tokenomics

Supply Model
Fixed (88.88B max supply; ~71% in circulation as of mid-2025)
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Ecosystem

Chain: Solana (SPL token; original NFTs on Ethereum)
Depends on: Pudgy Penguins brand strength and media presence, NFT floor price, toy/merchandise sales, future gaming utility development
Influences: NFT-adjacent meme token sector, Solana meme market, NFT floor prices for blue-chip collections

Similar Projects

Sources

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Supply figures and project details are approximate and may not reflect the latest changes. Always verify from official sources before making decisions. This information is for educational purposes only β€” not financial advice.