Pudgy Penguins, an Ethereum NFT job, has launched a key following collecting more than 50 billion social internet opinions and placing products on shelves at national Walmart and Target stores.  ,
The Pudgy Penguins floor price soared after learning about the planned token launch, breaking$ 100, 000 and making it the second-largest profile picture ( PFP ) project in all of NFTs.  ,
” A owner’s career in bitcoin is to optimize for maximum excitement”, said Pudgy Penguins Internet user Luca Netz in a video interview with crypto character ThreadGuy.  ,
Then the gift is life as of today, December 17. Here’s all you need to know about PENGU on Solana, the tokenomics, and how available people can claim it.
What is PENGU?
The Pudgy Penguins habitat key PENGU is currently available on the Solana bitcoin. There are 88.88 billion PENGU cryptocurrencies in full, with 25.9 % of those currencies going to Pudgy Penguins through an airdrop state.
” By launching PENGU on Solana, Pudgy Penguins grows by reaching an entirely new audience”, said Igloo Inc, the Pudgy Penguin parent company on X ( formerly known as Twitter ).  ,
Over the last 3 years, Pudgy Penguins has become the experience of bitcoin.
Pudgy Penguins has become ingrained in the hearts and minds of normal people and cultures, residing in millions of households global, getting millions of followers, and collecting over 50 billion opinions. photograph. twitter.com/Uz2I2K5di1
— Pudgy Penguins ( @pudgypenguins ) December 6, 2024
Though the sign second launched on Solana, it will eventually grow to Ethereum and Abstract, the consumer-focused Ethereum layer-2 weighting system being built by Igloo Inc.  ,
The PENGU gift, according to Netz, helps the millions of Pudgy Penguin fans all over the world connect with the company, suggesting that the fundamental principle of tokenization is “alignment.”
When is PENGU dropping?
PENGU launched as planned on December 17, 2024. Official links and state information will only be shared and made public through the X Pudgy Penguins bill.
In an effort to trick investors into purchasing an advantage with the same or a similar name, a number of copycat currencies were created and traded before the release. However, the standard PENGU is now operational, so it should be easier to tell which gift is the real one when purchasing from markets.
Who will get the PENGU airstrike?
More than 88 billion PENGU currencies have been minted on the Solana cryptocurrency, according to the Pudgy Penguins news, divided among a few owner groups.  ,
Pudgy Penguins are in need of more information about Decrypt’s contact regarding its key supply. The numbers shown are based on an instructional creative provided by Pudgy Penguins.  ,
25.9 %: Pudgy Community
The largest allocation of PENGU tokens is reserved for the Pudgy Penguins community, including but not limited to Pudgy Penguins, Lil Pudgys, and Pudgy Rods (aka Rogs ) NFT holders.
Users of the major Pudgy Penguins NFTs reportedly received a sum of just over 1.7 million penguins, while Lil Pudgy proprietors received more than 188k, and Pudgy Rod holders, apparently, received 105K to 195K tokens, depending on the uniqueness level.
Project direct Luca Netz confirmed that no preview was taken to identify those holding the property at the time of key technology, but rather PENGU will be able to get those holding the assets. Unsurprisingly, Pudgy NFT prices plummeted once the token claims opened, any NFTs up for sale have probably already been used in the airdrop, and can’t be used again to claim more PENGU.
24.12 %: Other Communities
According to the announcement graphic, the next largest bucket of PENGU tokens has been designated for other communities in Web3 and possibly beyond, with the goal of acquiring 5 million new Pudgy Penguin members, according to the announcement graphic.  ,
If a community accepted the” Elite” position in the Abstract Discord and filled out a form in the Discord before the deadline, that community is also eligible for a PENGU claim.
The list includes but is not limited to the following communities: Plooshies, Doodles, Claynosaurz, Memeland, BoDoggos, Bitcoin Puppets, Nodemonkes, Azuki, Bored Ape Yacht Club, Mutant Ape Yacht Club, Wassies, Goblintown, Wonky Stonks, The Plague, Mocaverse, Onchain Gaias, and holders of at least 1 billion Mog Coin ( MOG).
Netz also stated that Pudgy Toys buyers who used its online game platform Pudgy World and collected” Pudgy Traits,” or characteristics to create their virtual Penguins, would also be eligible for PENGU. Pudgy Toys owners can access Pudgy World by scanning a QR code that comes with their toy. Users are instructed to” collect the traits and wait for Abstract Bridge to go live” after scanning the code, Netz claims.
17.8 %: Pudgy Penguins team ,
Pudgy Penguins ecosystem employees, current and former alike, take the third-largest slice of PENGU, receiving nearly 18 % of the token pursuant to a one-year cliff and a three-year vesting period. During token distributions, a cliff typically disables the ability for a user to sell or transfer any tokens.
12.35 %: Liquidity pools ,
A portion of the PENGU supply has been set aside to provide enough liquidity for the token’s active trading.  ,
11.48 %: Company ,
Igloo Inc., the Pudgy Penguins parent company, will receive 11.48 % of the PENGU token, subject to the same one-year cliff and three-year vest that Pudgy Penguin employees received.  ,
4 %: Public Good
Four percent of the PENGU token supply is designated for public good initiatives. Pudgy Penguins, despite not being officially mentioned, has engaged in public good initiatives over the past year through its Pudgy Kindness campaigns, sending money, and supporting underappreciated streamers ‘ social media campaigns.  ,
4 %: Proliferation
A small portion of PENGU is used to make marketing efforts or listings for Pudgy Penguins, possibly through partnerships with central exchanges or brand-building initiatives.
As part of the launch on Binance, 3 % of the PENGU supply will be airdropped to participants of Binance’s HODLer program.
0.35 %: FTT Holders
The PENGU token has the smallest allocation reserved for FTT token holders. The notorious FTX exchange filed for bankruptcy and shut down operations following its collapse in November 2022 with the native token of TFT.
The token saw a brief spike to nearly$ 4 on the day of the PENGU announcement—a nearly one-year price peak—but has since retraced. No official holding standards have been disclosed at this time.
How to claim PENGU
Pudgy Penguins is submitting claims through claims to host PENGU claims. pudgypenguins.com.
Users were initially limited to 88 days until March 15, 2025 to claim their PENGU, but the team made a change that gave them just five more days to do so.
At the time of the announcement, 85 % of PENGU had already been claimed. Any unclaimed tokens will be burned.
Where can you trade PENGU?
PENGU went live for spot trading on the centralized crypto exchanges Binance, OKX, and Bybit, with more expected to join the fray. Additionally, users can trade PENGU via Solana-based decentralized exchanges, or DEXs.
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