Pudgy Penguins
About Pudgy Penguins
PENGU is a meme-based cryptocurrency built around a playful penguin character, representing community-driven engagement. It follows the trend of low-market-cap meme tokens that rely heavily on social media traction. Like many meme coins, it lacks a formal use case but thrives on community growth. Its value is highly speculative and driven by online momentum.
In the last hour, Pudgy Penguins's price has seen a change of +0.03%, and over the past 24 hours, its price has moved by -4.88%. Over the previous week, Pudgy Penguins's price has moved by +24.18%. The current price of Pudgy Penguins is BHD 0.003713, accompanied by a trading volume of 62.26M in the last day. Pudgy Penguins's price is currently 82.84% below its all-time high of BHD 0.02164, which remains the highest price Pudgy Penguins has achieved since its launch. The circulating supply of Pudgy Penguins stands at 62.86B, translating to a total market capitalization of 233.4M.
Market stats
Frequently asked questions
What are Pudgy Penguins?
Pudgy Penguins and its trading token (PENGU) are a collection of non-fungible tokens (Non-Fungible Tokens) developed on the Ethereum blockchain as ERC-20 tokens that have gained widespread popularity in the Web 3 world. The collection features a series of adorable penguin characters, each of which is unique and verifiably owned by its holder on the blockchain. The Pudgy Penguins is part of a broader trend in the digital collectibles space, it offers more than just art, as it focuses on building a community and establishing a brand that extends into the virtual world. The project was launched in December 2024 with the goal of expanding the reach of PENGU tokens beyond the community of NFT holders.
How do Pudgy Penguins work?
Pudgy Penguins are built on the Ethereum blockchain and use non-fungible tokens (NFTs) to represent each penguin. When users purchase a Pudgy Penguin, they are essentially buying a one-of-a-kind digital asset, with verified ownership recorded on the blockchain. The PENGU token is used to power the ecosystem, giving holders the opportunity to participate in experiences and earn exclusive rewards. These tokens can be used to purchase additional digital assets or to attend community events.
How do you buy PENGU on Rain?
Buying PENGU on Rain involves a few simple steps:
- Make sure you have funds in your fiat account or your card is added in the payment methods section.
- Select the cryptocurrency you want to buy from the home or portfolio page.
- Click Trade and choose Buy.
- Enter the amount you wish to buy in your preferred fiat currency.
- Select your payment method, either by selecting your card or using the funds in your fiat account.
- Click Next to review your transaction details.
- Click Buy Now to complete the purchase.
PENGU will be added to your wallet after the transaction is executed. At Rain, we use cold storage to keep the majority of our clients’ assets offline.
Rain is licensed by the Central Bank of Bahrain (CBB) and the Abu Dhabi Global Market Financial Services Regulatory Authority (ADGM FSRA). This provides customers with a regulated framework for trading digital assets in the region.
Risks and considerations
Before buying PENGU, it is important to understand the associated risks:
• Price volatility risk: The token may be subject to sharp price fluctuations.
• Adoption risk: The token relies on influencer marketing and social media, which may affect its growth.
• Liquidity risk: Liquidity may affect the currency’s price movement.
• Governance and regulatory risk: The currency’s value may be affected by legislation and regulation.
• Security risk: You must protect your account with a strong password and two-factor authentication, and choose an appropriate storage method after thoroughly researching your options.
You should not buy PENGU based solely on price predictions. Instead, you should study the whitepaper, the coin’s use cases, the project’s vision, and your risk tolerance before making any decision.
What is PENGU?
It is an SPL token on the Solana network associated with the Pudgy Penguins brand, originally developed on Ethereum and later migrated to Solana in 2024.
Can PENGU tokens be mined?
PENGU tokens cannot be mined because they use a Proof of Stake (PoS) consensus mechanism.
What is the total supply of PENGU?
The maximum supply is set at 88,888,888,888 tokens.
What blockchain is Pudgy Penguins built on?
Pudgy Penguins is built on the SOL blockchain. This determines how transactions are verified, fees are structured, and how compatible it is with wallets and other decentralized applications (dApps).
How do I keep my Pudgy Penguins safe?
To keep your Pudgy Penguins safe, make sure to use trusted wallets that support SOL. Enable two-factor authentication (2FA), store long-term assets in cold wallets, and never share your private keys with anyone. You can always refer to our Security & Policies section for more tips.
What will the price of Pudgy Penguins be in next 5 years?
Price predictions for Pudgy Penguins over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading Pudgy Penguins taxable?
Trading Pudgy Penguins may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is Pudgy Penguins's ATH?
Pudgy Penguins’s all-time high (ATH) was BHD 0.02164 on 17 Dec 2024. This represents the highest recorded market price of the asset to date.
How to invest in Pudgy Penguins?
Rain offers you a number of ways to start investing in Pudgy Penguins, including buying Pudgy Penguins through bank transfers or by using your bank card. To purchase Pudgy Penguins on Rain, you can select Pudgy Penguins in your Rain account, then click Trade and select Buy. Enter the amount you wish to buy and click Next to review and confirm your purchase.
How to buy Pudgy Penguins with card?
Once you add your bank card to your Rain account, you can use it to buy Pudgy Penguins directly. You can start by adding your card to your payment options on your Rain account. To purchase Pudgy Penguins using your bank card, you can select Pudgy Penguins, click Trade then select Buy. Enter the amount you wish to buy and choose your card from the payment options. Click Next to review and complete your purchase by following the instructions on the screen.
note: The purchase option with debit or credit card is not available for our users in Turkey
How to buy Pudgy Penguins through bank deposit?
Rain enables you to buy Pudgy Penguins using your local currency. You can deposit funds through bank transfer, a process which takes 1-4 business days depending on your location. You can start by depositing funds to your Rain account from your bank account. Simply click on Deposit and enter the amount you would like to transfer. Click next and copy the instructions that will appear on your screen to complete the transfer from your bank account. Note that Rain does not automatically pull funds from your bank account and you will need to manually transfer the funds from your bank account to Rain's banking information.
Within 1-4 business days, the funds will be available in your Rain account and you will be able to use them to complete purchasing Pudgy Penguins. To do that, you can select Pudgy Penguins in your Rain account, click Trade and select Buy. Enter the amount you wish to buy with and click Next to review and confirm your purchase.
How to sell Pudgy Penguins?
This is an easy process that requires only a few clicks. Here are the steps needed to sell Pudgy Penguins successfully:
On your Rain account, select Pudgy Penguins then click Trade and select Sell. Enter the amount you wish to sell and click Next to review and confirm your sell transaction by entering an OTP. You will receive a confirmation email once the transaction is done with the details.
How to convert Pudgy Penguins into cash?
Rain gives you the opportunity to sell Pudgy Penguins and withdraw your funds from your Rain account to your local bank account. First, you need to add your personal bank account to your Payment Methods option on your Profile.
Once your bank account is added, you can sell Pudgy Penguins and withdraw the funds to your bank account by clicking on Withdraw and entering the amount you wish to withdraw. Click Next to review and confirm your withdrawal information by entering an OTP.
Once the withdrawal request is submitted, you will receive a confirmation email that the withdrawal is being processed. Processing your withdrawal request can take between 1-4 business days.
How to receive Pudgy Penguins?
If you would like to receive Pudgy Penguins in your Rain account, simply click on Receive and select Pudgy Penguins from the list at the top of the page. You can then either copy the address visible at the botom of the screen or share the QR code to to complete your receive transaction.
Make sure that you are using the correct network when receiving Pudgy Penguins to avoid possible loss of funds.
What is the minimum order size to buy Pudgy Penguins?
You can trade Pudgy Penguins with any amount above $30 or equivalent in your account's currency. You can start trading Pudgy Penguins now by clicking the Trade button on your Rain account.
How to send Pudgy Penguins?
You can easily send your Pudgy Penguins from your Rain account to any external wallet by clicking on Send and selecting Pudgy Penguins from the list at the top of the page. Enter the amount you wish to send and add the external wallet address you are sending to. Click Next to review and confirm your send transaction by entering an OTP.
Why buy Pudgy Penguins with Rain?
When you buy Pudgy Penguins with Rain, you ensure that your assets are going to be safely stored on a regulated platform that follows strict compliance standards and is subject to periodic audits. Rain also uses bank-grade security measures like Cold Storage systems. Trading and storing Pudgy Penguins on Rain also means that your asset is going to be stored on 1:1 basis, which means your assets will always be available to you.
What trading pairs available for Pudgy Penguins?
There are over 200 currency pairs available on Rain for you to trade with. You can trade Pudgy Penguins with Bahraini dinar, Kuwaiti dinar, Emirati dirham, Omani rial or US dollar, depending on your location. Additionally, you can swap Pudgy Penguins with 200 other assets like BTC, LTC, XRP, ETH. You can explore your options by visiting the market page on your Rain account: https://www.rain.com/market
What are the most popular cryptocurrencies besides Pudgy Penguins?
Besides Pudgy Penguins, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What is the market cap of Pudgy Penguins?
With a market capitalization of 233.4M, Pudgy Penguins is ranked 79 among other crypto assets.
What is the all-time high of Pudgy Penguins?
The highest valuation of Pudgy Penguins since its launch was at BHD 0.02164, marking its all-time high.
What is the 24-hour trading volume of Pudgy Penguins?
The trading activity of Pudgy Penguins over the last 24 hours was at 62.26M, highlighting its liquidity in the market.
How many Pudgy Penguins are there in circulation?
There are approximately 62.86B units of Pudgy Penguins currently in circulation, affecting its market dynamics.
What is the relative popularity of Pudgy Penguins?
Pudgy Penguins market cap is around 233.4M.
When was Pudgy Penguins created?
Pudgy Penguins was introduced on 10 Dec 2024.
Website
White paper
