We just listed PENGU, the memecoin of one of the most recognizable and beloved NFT brands in the Web3 space: Pudgy Penguins. Known for their viral presence, cute aesthetic, and expansive real-world reach—including toys in Walmart and Amazon—Pudgy Penguins is more than a meme; it’s a brand building a digital and physical universe for the next generation of internet users.
PENGU officially launched on December 17, 2024, on the Solana blockchain, opening the doors to a wider community of fans and traders who want to engage with the project—even if they don’t own an NFT. PENGU represents a cultural artifact in the making, riding the wave of meme energy, community enthusiasm, and brand storytelling.
What is PENGU?
PENGU is a memecoin built around the Pudgy Penguins universe—a playful brand born from an NFT collection that has grown into toys, animation, games, and digital worlds. The original collection of 8,888 penguins launched in 2021 on Ethereum and quickly became a sensation. Since then, the project has expanded with spin-off collections like Lil Pudgys, partnerships with retail giants, and a new interactive platform called Pudgy World.
The PENGU coin was airdropped to Pudgy Penguins NFT holders, other Web3 wallet addresses on Ethereum and Solana, and early DeFi users. The memcoin has no active utility at this time, but future use cases such as governance, staking, or access to Pudgy World have been hinted at in the roadmap. For now, it acts as a digital badge of culture, speculation, and engagement with the Pudgy brand.
How does PENGU work?
- Total Supply: 88,888,888,888 PENGU.
- Functionality: No current utility or governance rights.
- Use case: Memecoin, community engagement, speculative trading.
Even though PENGU doesn’t offer staking, voting rights, or yield, it’s part of a broader Web3 strategy to create cultural relevance through memes, collectibles, and digital-native experiences.
Where is PENGU headed?
So far, the Pudgy Penguins team has focused on building community, launching successful NFT drops, and developing brand presence across digital and physical realms. While the PENGU coin currently has no utility, its distribution is tied to the growth of the brand.
The project has:
- Distributed plush toys linked to digital content.
- Launched “Pudgy World,” a platform to explore and customize penguin avatars.
- Secured funding from VCs like 1kx, Animoca Brands, Shima Capital, and Founders Fund.
- Made appearances at major retailers and even Sotheby’s.
PENGU’s long-term role may evolve as the Pudgy ecosystem matures, but at this stage, it remains a speculative token grounded in brand storytelling and internet culture.
How to get started with PENGU on Bitso
- Sign up on Bitso
Create your account through our app or website. - Deposit funds
Add fiat to your Bitso wallet using your local currency (MXN, ARS, BRL, COP or USD). - Buy PENGU
Head to the Buy/Sell section and select your preferred currency to pay with. Choose PENGU and confirm the amount. - Track the market
Use our real-time charts and tools to stay updated on PENGU’s price movements.
⚠️ Remember: For now, PENGU is only available for conversions on Bitso. This means you can buy and sell PENGU, but deposits and withdrawals to external wallets are currently disabled. However, you can send and receive PENGU with other Bitso users via Bitso Transfer.
A real-world example
Carlos has been following Pudgy Penguins on Instagram and TikTok for a while. He loves the memes, the toys, and the vibe of the community—even if he never bought an NFT. One day, he hears from a friend that there’s a coin called PENGU tied to the brand, and without thinking too much, he buys a small amount just for fun.
He’s not expecting it to make him rich—but now, when he scrolls through penguin memes or sees a plush toy at a store, he smiles knowing he’s holding a tiny piece of that world.
Disclaimer ❗
PENGU is a memecoin with no underlying utility, staking mechanism, or governance rights. It was distributed as an airdrop and is currently used for speculative trading and community participation.
This offering does not represent investment advice, nor should PENGU be interpreted as a financial product or security. Its value is highly volatile and may fluctuate based on community sentiment, trends, and external factors.
Before purchasing or trading PENGU, we strongly recommend you conduct your own research (DYOR) and understand the risks involved in buying speculative digital assets.
