Pudgy Penguins 

PENGU Price

What is the Pudgy Penguins (PENGU) meme token?

Pudgy Penguins (PENGU) is the official meme token of the Pudgy Penguins brand — an 8,888-piece NFT collection and consumer IP business operated by Igloo Inc. PENGU launched on Solana on 2024-12-17 as an SPL token. The ecosystem spans consumer merchandise and licensing, the Pudgy World browser game, and Abstract, an Ethereum layer-2 network built by Igloo subsidiary Cube Labs. As a meme token, PENGU carries no cash-flow-backed utility — value depends on brand sentiment rather than fees or staking yield.

Is PENGU a coin or a token?

PENGU is a token, not a coin. The asset runs on Solana's infrastructure under the SPL contract 2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv — PENGU has no blockchain of its own. DropsTab classifies PENGU under Meme, with additional tags for the Solana Ecosystem, Ethereum Ecosystem, NFT, and Social categories.

What is the PENGU token's maximum and total supply?

PENGU has a fixed maximum supply of 88,888,888,888 tokens. Per DropsTab data, total supply stood at about 76.7 billion PENGU as of September 2026 — below the cap because Pudgy Penguins burned every airdrop token left unclaimed when the 88-day claim window closed in 2025. Insiders hold a meaningful share: Team (17.8%) plus Company (11.5%) control roughly 29.3% of supply.

When is the next PENGU token unlock?

PENGU unlocks land monthly on the 17th of each month. Per DropsTab vesting data, each monthly tranche releases about 276.28M PENGU from the Company allocation and 427.64M from Team — roughly 703.9M PENGU, or about 0.79% of maximum supply, combined. DropsTab tracks 80 scheduled unlock events for PENGU through the vesting window.

How does PENGU's vesting schedule affect investors?

PENGU's vesting structure concentrates sell pressure in insider allocations. Team (17.8%) and Company (11.5%) tokens sat behind a 1-year cliff from TGE, with the first insider unlock on 2025-12-17 and monthly releases since. Community-facing buckets — Pudgy Community (25.9%), Other Communities (24.1%), Liquidity (12.35%) — unlocked in full at TGE on 2024-12-17. The recurring monthly insider unlock is a persistent structural source of sell pressure for PENGU.

Who backed Pudgy Penguins and how much was raised?

Per DropsTab fundraising data, Pudgy Penguins raised $9M in a Seed Round on 2023-05-09, led by 1kx with Kronos Research, Old Fashion Research, Big Brain Holdings, and CRIT Ventures. A 2024-07-23 Funding Round added $11M+, led by Founders Fund, to build the Abstract layer 2. PENGU itself had no investor token allocation — the Funding, Seed, and NFT Sale allocation rows are all 0%.

What does Pudgy Penguins' fundraising signal about the project?

Pudgy Penguins' fundraising signals venture backing of the parent company, not token ownership. Founders Fund, 1kx, and the other backers hold equity in Igloo Inc., so no insider token overhang comes from these rounds. Concentration risk is moderate — no single disclosed backer dominates, and the two rounds funded brand expansion and the Abstract L2 rather than token sales.

How did the PENGU airdrop work?

The PENGU airdrop allocated 3% of supply — 2,666,666,666 tokens — to the community at TGE on 2024-12-17. Claims ran through the official claim site for an 88-day window, and Pudgy Penguins burned all unclaimed tokens after the window closed in 2025. PENGU also reached users at launch through a Binance HODLer airdrop alongside the listing. The airdrop is a completed campaign.

Does PENGU have staking or an active earning campaign?

PENGU has no staking program. The one active earning campaign is Pudgy World, the brand's browser game, where players customize characters, complete story-driven quests, and collect fish — the campaign started 2026-03-09 and has no end date, per DropsTab activities data. Earning mechanics beyond the game are informal, so PENGU generates no yield from holding.

Where can I buy PENGU?

PENGU trades on 30+ centralized exchanges across 50+ spot markets — including Binance (PENGU/USDT, PENGU/USDC, PENGU/TRY), Coinbase (PENGU/USD), Kraken (USD, EUR, USDC, USDT), OKX, and the Korean venues Upbit and Bithumb (PENGU/KRW). Per DropsTab data, 14+ venues run PENGU perpetual futures. On-chain, PENGU trades in 25+ Solana pools on Raydium, Meteora, and PumpSwap, with PENGU/SOL and PENGU/USDC the dominant pairs.