Pudgy Penguins has become one of the most influential communities in the crypto space, transforming into a widely recognized cultural icon. The Pengu character has been featured by major companies and in ETF commercials, reaching millions of followers and accumulating over 50 billion views. The PENGU token symbolizes community, humor, and positive vibes, allowing millions of people beyond the crypto world to join and grow the Pudgy Penguins community.
PENGU, which declined by 7.55% over the past 24 hours and at the time of writing, is among today's losing assets.
A total of 1.58 billion PENGU tokens were transferred from Pudgy Penguins ecosystem wallets to major exchanges, possibly contributing to the token's recent price decline.