PENGU is the official cryptocurrency of the Pudgy Penguins project. Pudgy Penguins has become one of the crypto industry's most influential communities, evolving into a recognizable face within the space. The "Pengu" character, featured by major brands and ETF commercials, has gained millions of followers and over 50 billion views, symbolizing community spirit, humor, and positivity, while the PENGU token allows participation in this vibrant community.
PENGU, which declined by 25.58% over the past 24 hours and at the time of writing, is among today's most significant movers.
A renewed interest in the Pudgy Penguins ecosystem and a general rise in the NFT market may have initially driven a notable increase in the price of PENGU. Additionally, a technical chart pattern breakout might have supported the earlier upward momentum.
