In 2024, Peng (PENG) was launched as a meme coin inspired by the popular PEPE token. As a self-proclaimed "PENGUIN" token, Peng aims to bring humor and community engagement to the cryptocurrency space.
As of 2025, Peng has become a notable player in the meme coin ecosystem, attracting a dedicated following of 24,612 holders. This report will analyze its market performance and potential future developments.
Peng was created in 2024, capitalizing on the ongoing trend of animal-themed meme coins in the cryptocurrency market. It emerged during a period of increased interest in community-driven tokens and social media-fueled cryptocurrency movements.
Peng's goal was to provide a lighthearted and engaging token for cryptocurrency enthusiasts, particularly those fond of penguin-themed content.
The Peng community and its development team continue to support the token's growth and adoption within the meme coin ecosystem.
Peng operates on the Solana blockchain, a decentralized network of computers (nodes) that validate transactions without central authority control. This structure ensures transparency and resistance to attacks, giving users greater autonomy.
Peng's transactions are recorded on Solana's public, immutable digital ledger. Transactions are grouped into blocks and linked through cryptographic hashes, forming a secure chain. Anyone can view the records, establishing trust without intermediaries.
Solana's high-performance blockchain architecture allows for fast and cost-effective transactions, which benefits tokens like Peng.
Peng utilizes Solana's Proof-of-Stake (PoS) consensus mechanism to validate transactions and prevent fraudulent activities. Validators maintain network security by staking SOL tokens and running nodes, receiving rewards for their efforts.
Peng uses public-private key encryption to secure transactions:
This mechanism ensures fund security while maintaining pseudonymous transactions. Users can interact with Peng tokens through Solana-compatible wallets.
As of November 26, 2025, PENG's circulating supply is 100,000,000 tokens, which is equal to its total supply of 100,000,000.
PENG reached its all-time high of $1.2 on March 18, 2024.
Its lowest price was $0.00532, recorded on October 10, 2025.
These fluctuations reflect market sentiment, adoption trends, and external factors.
Click to view the current market price of PENG

PENG's ecosystem currently lacks specific applications or use cases beyond its meme coin status.
No strategic partnerships have been announced for PENG at this time.
PENG faces the following challenges:
These issues have sparked discussions within the community and market, driving PENG to adapt and innovate.
PENG's community shows some activity, with 24,612 holders as of November 26, 2025. On X platform, posts and hashtags related to PENG occasionally gain traction. Price movements tend to ignite community interest.
Sentiment on X appears mixed:
Recent trends show fluctuating sentiment based on price movements.
X users discuss PENG's price fluctuations, meme appeal, and its position within the broader cryptocurrency market.
No specific roadmap has been publicly announced for PENG.
PENG represents a meme coin in the cryptocurrency space, offering a unique blend of humor and potential investment opportunity. Its active community and presence on the Solana blockchain contribute to its appeal. While facing challenges such as market volatility and regulatory concerns, PENG's meme status continues to attract attention in the crypto world. Whether you're a newcomer or an experienced trader, PENG offers an interesting entry point into the world of meme cryptocurrencies, though caution is advised due to its speculative nature.
Peng is British slang meaning attractive, excellent, or of high quality. It's often used to describe someone or something as very good-looking or impressive.
PENG stands for 'Penguin', the mascot and symbol of the cryptocurrency project. It represents the community-driven nature and playful spirit of the token.
Yes, Peng can be used as a nickname for guys, especially in Chinese culture. It's often associated with positive traits like being energetic or lively.
Peng Ting is a slang term meaning 'very attractive' or 'extremely beautiful'. In the context of cryptocurrency, it may refer to a project or token that is considered highly promising or appealing to investors.
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