• Best Managed Accounts
  • Best IRA Accounts
  • Best Forex Brokers
  • Best Forex Robots
  • Best Saving Accounts
  • Best Stock Brokers
  • Best Crypto Platforms
  • Best Crowdsourced Review Sites
No Result
View All Result
MFA
  • Top
  • Investing
    • Forex Trading
    • Stock Trading
    • Crypto Trading
    • Mutual Funds
    • ETFs Investing
    • Bonds Investing
    • Real Estate Investing
    • Investment Apps
  • Passive Income
    • Automated Trading
    • Managed Accounts
    • Passive Income Apps
  • Money Management
    • Banking
    • Savings Accounts
    • Money Market Accounts
    • Financial Advisors
    • Financial Independence
    • Saving Money
    • Paying Off Debt
    • Make More Money
  • Retirement
    • 401(k)
    • IRA
    • Retirement Planning
    • Retirement Calculator
  • Reviews
    • Online Brokers
    • Robo Advisors
    • Signal Providers
  • News
  • Top
  • Investing
    • Forex Trading
    • Stock Trading
    • Crypto Trading
    • Mutual Funds
    • ETFs Investing
    • Bonds Investing
    • Real Estate Investing
    • Investment Apps
  • Passive Income
    • Automated Trading
    • Managed Accounts
    • Passive Income Apps
  • Money Management
    • Banking
    • Savings Accounts
    • Money Market Accounts
    • Financial Advisors
    • Financial Independence
    • Saving Money
    • Paying Off Debt
    • Make More Money
  • Retirement
    • 401(k)
    • IRA
    • Retirement Planning
    • Retirement Calculator
  • Reviews
    • Online Brokers
    • Robo Advisors
    • Signal Providers
  • News
No Result
View All Result
MyFinAssets
No Result
View All Result
Home News

Will PENGU reach $1? – AMBCrypto

August 3, 2025
in News
0
A A
0

PENGU, the Pudgy Penguins ecosystem token, aims to grow community engagement through airdrops, retail partnerships, and future utility — targeting mass adoption across Solana, Ethereum, and Abstract with 88.88 billion total supply.

Pudgy Penguins [PENGU] is the official ecosystem token tied to the wildly popular Pudgy Penguins NFT collection. It was created to grow the brand’s world, pulling in a bigger crowd than just the initial NFT collectors.

Trade like pro, no experience needed
Best Managed Accounts 2022

Launched on Solana [SOL] in December 2024 with a fixed supply of 88.88 billion tokens, PENGU serves as a cultural symbol rather than a utility asset — celebrating memes, good vibes, and brand loyalty.

The project airdropped 25.9% of the total supply to holders of Pudgy Penguins, Lil Pudgys, and Pudgy Rods NFTs, demonstrating its commitment to early supporters.

It distributed the remaining tokens among crypto communities, team incentives, liquidity pools, and the company treasury.

Although PENGU does not include built-in functionality, its value derives from the brand’s expanding presence in retail, gaming, and social media. The token serves as a gateway for millions of fans to join “The Huddle,” the Pudgy Penguins community.

However, recent concerns have surfaced. Large token transfers to exchanges without explanation, coupled with a rise in phishing scams, have sparked unease among holders.

Despite these bumps, the project’s long-term vision remains focused on scaling its reach and deepening fan engagement.

The PENGU token, now the official currency for the Pudgy Penguins universe, quickly became a hot topic in crypto.

Its design is all about building a big, active community while bankrolling the brand’s expansion. Here’s a look at how PENGU’s supply, distribution, and value mechanics are set up.

PENGU launched with a total supply of 88,888,888,888 tokens, a nod to the 8,888 original Pudgy Penguins NFTs that started it all.

Launching first on Solana was a smart move to take advantage of the network’s fast speeds and cheap transactions, making it easy for more people to get involved.

The plan is to eventually bring it to Ethereum [ETH] and the custom Abstract layer-2 network from Igloo Inc.

By late July 2025, about 62.86 billion of these tokens were actively circulating in the market.

The distribution of PENGU tokens highlights the project’s strong focus on community. Over half of the total supply went toward community-driven initiatives. Here’s how it breaks down:

Pudgy Community (25.9%) The project airdropped the largest share to holders of Pudgy Penguins, Lil Pudgys, and Pudgy Rods NFTs. Valued at over $1.5 billion at the time, this massive drop ranks among the biggest in crypto history.

Other Communities (24.12%) The team allocated another significant portion to attract users from across the Web3 ecosystem. Their goal: onboard 5 million new members into the Pudgy Penguins community — also known as “The Huddle.”

Team and Development (17.8%) To ensure long-term commitment, the project reserved 17.8% for current and future team members. These tokens come with a one-year lock-up, followed by a three-year vesting schedule.

Liquidity (12.35%) The team committed 12.35% of the supply to liquidity pools, helping stabilize trading on decentralized exchanges.

Company Treasury (11.48%) Igloo Inc., the parent company, received this portion under the same vesting terms as the team. These tokens support future business growth.

Public Good and Growth (8%): This bucket is for community projects, outreach, charity, and marketing to expand the brand.

Partners & FTT Holders (0.7%): A tiny slice is for strategic partners (0.35%) and, notably, for holders of the FTX token (0.35%), a nod to the wider crypto world.

PENGU doesn’t have a system that constantly creates new tokens. Instead, it has ways to reduce the total supply. One key method was burning any tokens that weren’t claimed from the big airdrop after an 88-day window.

On top of that, the project plans to burn tokens every quarter, which will help make PENGU scarcer over time.

If PENGU is used to buy exclusive merch and digital items, that could also affect how it trades and what it’s worth.

This pattern includes a sharp upward movement (flagpole) starting in mid-July, followed by a narrow, downward-sloping consolidation — characteristic of a traditional continuation setup.

If the pattern confirms with a breakout, the projected price target could reach $0.11.

So, what kind of market cap would PENGU need to reach a price of $1? The math is simple:

To calculate market capitalization, you multiply the price per token by the circulating supply. As of late July 2025, there are approximately 63 billion PENGU tokens in circulation.

For PENGU to reach a price of $1 per token, its market capitalization would need to be: $1 × 63,000,000,000 = $63 billion

This means PENGU would require a market cap of $63 billion to support a $1 price per token.

It’s important to note that the total supply of PENGU is 88.88 billion tokens. If all of those were in circulation at a $1 price, the fully diluted market cap would be around $89 billion.

A market capitalization of $63 billion would place PENGU among the most valuable cryptocurrencies in existence. It would rank alongside the top names in the crypto industry.

For PENGU to reach the ambitious $1 mark, it would need to achieve a market cap of $63 billion.

Such a valuation would not only make it the undisputed champion of meme coins but would also place it among the top-tier of all cryptocurrencies, blowing past many well-established and highly functional blockchain projects.

This highlights just how massive the growth would need to be for PENGU to hit that target.

Trade like pro, no experience needed
Best Managed Accounts 2022
TweetShareShare
Previous Post

LSEG Rides Market Volatility To Solid H1 Growth, Fueled By Tradeweb, FX – FinanceFeeds

Related Posts

LSEG Rides Market Volatility To Solid H1 Growth, Fueled By Tradeweb, FX – FinanceFeeds

August 2, 2025

Coinbase Unveils ‘Everything Exchange’ Bringing Tokenized Stocks to US Users

August 1, 2025

High Risk 100 USD SAR Expert Advisor Settings

July 31, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Top Performing Trading Systems

TechBerry 95%
Forex Cyborg 80%
Automic Trader 75%
DynaScalp 70%
Happy Forex 65%

Follow our Twitter

Popular

  • Bitcoin surge triggers investment boom in Europe and America, investors flock to Mint Miner

    0 shares
    Share 0 Tweet 0
  • Best 7 Binance Smart Chain Projects

    0 shares
    Share 0 Tweet 0
  • Happy Forex Review

    0 shares
    Share 0 Tweet 0
  • How to Invest With Grayscale Bitcoin Trust Indicator

    0 shares
    Share 0 Tweet 0
  • Pinduoduo Shares Plunge on Missed Revenue Estimates

    0 shares
    Share 0 Tweet 0

INVESTING

  • Bonds Investing
  • Crypto Trading
  • Forex Trading
  • Mutual Funds
  • ETFs Investing
  • Real Estate Investing
  • Stock Trading

RETIREMENT

  • 401(k)
  • IRA
  • Retirement Planning
  • Retirement Calculator

REVIEWS

  • Online Brokers
  • Robo Advisors
  • Signal Providers

MONEY MANAGEMENT

  • Banking
  • Financial Advisors
  • Money Market Accounts
  • Savings Accounts

PASSIVE INCOME

  • Automated Trading
  • Managed Accounts
  • Passive Income Apps

Are you looking for the best investment plan?

Let our financial advisors help you

Contact Us

PERSONAL FINANCE

  • Financial Independence
  • Saving Money
  • Paying Off Debt
  • Make More Money
  • Best Managed Accounts
  • Best IRA Accounts
  • Best Forex Brokers
  • Best Forex Robots
  • Best Saving Accounts
  • Best Stock Brokers
  • Best Crypto Platforms
  • Best Crowdsourced Review Sites
  • Home
  • Blog
  • Privacy Policy
  • Disclaimer
  • Contact Us

© 2023, Myfinassets

No Result
View All Result
  • Top
  • Investing
    • Forex Trading
    • Stock Trading
    • Crypto Trading
    • Mutual Funds
    • ETFs Investing
    • Bonds Investing
    • Real Estate Investing
    • Investment Apps
  • Passive Income
    • Automated Trading
    • Managed Accounts
    • Passive Income Apps
  • Money Management
    • Banking
    • Savings Accounts
    • Money Market Accounts
    • Financial Advisors
    • Financial Independence
    • Saving Money
    • Paying Off Debt
    • Make More Money
  • Retirement
    • 401(k)
    • IRA
    • Retirement Planning
    • Retirement Calculator
  • Reviews
    • Online Brokers
    • Robo Advisors
    • Signal Providers
  • News

© 2023, Myfinassets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In