Pudgy Penguins (PENGU) Listing Price, Rewards, Key Details: Binance Research

Pudgy Penguins is making waves with its PENGU token debut on Binance and other major exchanges. Beyond its loyal community, the token launch is poised to attract global attention with its significant market potential. Over seven million wallets are eligible to claim PENGU through the highly anticipated airdrop, reinforcing its place as a top contender in the crypto world.

Backed by a strong brand and vibrant community, Pudgy Penguins is expected to enter the ranks of the top 30 cryptocurrencies by market cap. The listing showcases the brand’s potential to transcend digital boundaries and establish a solid presence in the broader crypto ecosystem.

Binance Research Lists PENGU Token

On December 17, Pudgy Penguins token marked another milestone for the community-driven project, reported Binance Research. This launch underscores Pudgy Penguins’ vision of building a culture rooted in positivity, memetic value, and global appeal. The project’s mission is to foster a vibrant community that resonates with the iconic brand, showcasing its status as a cultural and financial powerhouse in the crypto world.

The PENGU token boasts a total and maximum supply of 88,888,888,888 tokens. Upon its listing, the circulating supply stands will be more than 70% of the total supply, including tokens allocated for rewards to HODLers via the airdrop program. These figures highlight the token’s significant availability in the market while ensuring substantial rewards for its loyal community members.

Beyond the Pudgy Penguins community, 7 MILLION WALLETS are eligible to claim $PENGU tokens!

Yeah, this airdrop wasn't botted whatsoever. 🤣🤣🤣🤣🤣🤣 pic.twitter.com/Sv8MuB49LI

— Daito 💚 (@DaitoYoshi) December 16, 2024

According to Whale Market data, Pudgy Penguins is projected to debut at $0.10 per token. This initial valuation positions the token’s market cap at $7 billion, which would place it firmly among the top 30 cryptocurrency projects after listing. Such a feat is not only indicative of the token’s strong branding but also its ability to draw substantial interest from retail investors and institutional whales alike. Analysts have noted that PENGU’s blend of market appeal, community backing, and solid metrics makes it one of the most anticipated token launches of the year.

Binance’s HODLer Airdrop and BNB Price Update

Binance is also rewarding BNB holders through its HODLer Airdrop program. This initiative allows BNB holders to receive token airdrops based on their BNB balances. Subscribers to the ‘BNB to Simple Earn’ program have exclusive access to major airdrops, including PENGU. The allocation is directly proportional to the user’s BNB holdings, making it a lucrative opportunity for long-term holders.

In addition to the Pudgy Penguins, Binance launched the Simon CAT token airdrop, generating excitement among its users. The Simon CAT token airdrop will expand the range of tokens on Binance. It adds another layer of rewards for loyal holders.

Meanwhile, Binance Coin (BNB) price was trading at $717, reflecting a 1% increase in the past 24 hours. BNB hit a 24-hour low of $704 and a high of $730. It has shown remarkable resilience, gaining 15% in the past month. Over the last quarter, it recorded a 32% increase. Its market cap is now $103 billion. Daily trading volume stands at $2 billion, reinforcing its position as a leading cryptocurrency.