PENGU (Pudgy Penguins) fell 3.45% in the last 24 hours.

Gate News Bot news, on October 29, according to CoinMarketCap data, as of the time of writing, PENGU (Pudgy Penguins) is currently priced at 0.02 USD, with a 3.45% fall over the last 24 hours, reaching a high of 0.02 USD and a low of 0.02 USD, with a 24-hour volume of 249 million USD. The current market capitalization is approximately 1.294 billion USD, a decrease of about 46.2786 million USD compared to yesterday.

Pudgy Penguins is an NFT project that has established a strong brand influence in cryptocurrency and mainstream culture through its cute penguin imagery. PENGU is the token of the Pudgy Penguins ecosystem, aimed at bringing more people into this community. PENGU is not just a cryptocurrency, but also represents community, culture, and positive emotions.

PENGU recent important news:

1️⃣ PENGU token officially released The Pudgy Penguins team has recently officially launched the PENGU token, marking the project's expansion into the broader cryptocurrency ecosystem. The release of the PENGU token brings new ways for the Pudgy Penguins community to interact and value capture mechanisms, which may have a positive impact on its long-term development.

2️⃣ Solana Ecosystem Integration Pudgy Penguins announced the introduction of the PENGU token into the Solana ecosystem, a strategic move that is expected to expand the project's user base and application scenarios. The Solana network is known for its high performance and low fees, which could bring more liquidity and use cases for PENGU.

3️⃣ Token airdrop event is about to start The PENGU token is about to undergo an airdrop event, which has sparked widespread discussion and anticipation within the community. Airdrops typically stimulate short-term trading activity and price volatility, and they are also an important way for projects to give back to early supporters.

From a technical perspective, PENGU's trading activity has increased, with a 24-hour volume of $249 million, indicating growing market interest in the token. However, the short-term price fall may reflect some investors choosing to take profits ahead of the token launch and the upcoming airdrop.

This message is not an investment advice; investors should be aware of the risks of market volatility.