NFT project Pudgy Penguins launched its token PENGU on December 17, 2024. On this day, the token reached its maximum price, reaching a high of $0.05738. However, after the launch, the price of Pudgy Penguins (PENGU) began to decline rapidly, reaching a low of $0.02302 on December 20th.
On December 26th, PENGU coin experienced a slight recovery, rising almost 35% over the week and is currently trading at $0.03865.
Given these fluctuations, what is the Pudgy Penguins price forecast for 2025 and beyond? How high can PENGU rise?
What is PENGU?
PENGU is the fun and quirky cryptocurrency token associated with the popular Pudgy Penguins NFT collection. Launched on December 17, 2024, PENGU serves as a utility token within the Pudgy Penguins ecosystem, allowing holders to participate in governance, access exclusive content, and participate in various community initiatives.
Designed to improve user engagement, PENGU allows fans and collectors to unlock special features such as: B. early access to new NFT drops and participation in unique in-game experiences. Additionally, the token promotes a vibrant community by encouraging collaboration and creativity between members.
Holders can also participate in voting mechanisms that influence the future direction of the NFTs, ensuring that every voice is heard in shaping the project’s development.
Scam Alert
There have been worrying reports in the crypto community of scammers targeting investors by misusing the Pudgy Penguins brand.
A new scam has recently emerged where scammers place fraudulent Google ads that redirect unsuspecting people.
