Pudgy Penguins (PENGU) is a top digital artwork project on the blockchain. The collection consists of 8,888 penguin NFTs, each with unique characteristics and traits. This guide explains how to buy Pudgy Penguins, the project’s Solana-based cryptocurrency token.
Learn more about the Pudgy Penguins brand, why its NFT collection remains popular, and what use cases PENGU provides to token holders.
How to Buy Pudgy Penguins in 4 Easy Steps
The walkthrough below explains how to buy Pudgy Penguins in under five minutes:
- Step 1: Choose an Exchange — Investors can begin by selecting an online exchange that lists PENGU tokens, focusing on fees, safety, and payment methods. MEXC is a top choice — the exchange offers 0% commissions when placing limit orders, and no-KYC accounts allow withdrawals of up to 20,000 USDT daily.
- Step 2: Open an Account — Go to the MEXC website to open an account. Enter an email address or mobile number and choose a strong password. Go to the account settings dashboard to activate security features like two-factor authentication.
- Step 3: Deposit Funds — Deposit cryptocurrencies into the MEXC account or use a traditional payment method like a debit/credit card or e-wallet. You’ll need to purchase USDT when using fiat money, as the instant buy feature doesn’t support PENGU.
- Step 4: Buy Pudgy Penguins — Click “Markets” and search for “PENGU” — select the “PENGU/USDT” pair when it appears. Set up a market/limit order and type in the purchase amount. Finally, confirm the order to buy Pudgy Penguins coin.
Key Takeaways on Pudgy Penguins
Here are some key facts about Pudgy Penguins and its native PENGU token:
Launched | December 17th, 2024 |
Ticker Symbol | PENGU |
Blockchain | Solana |
Maximum Supply | 88.88 billion |
Circulating Supply | 62.86 billion |
Staking? | Yes, via third-party platforms |
Use Case | Buy merchandise, community rewards, and access future ecosystem products |
Contract Address | 2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv |
All-Time High | $0.05738 |
X page | https://x.com/pudgypenguins |
Website | https://www.pudgypenguins.com/ |
Pudgy Penguins Price Chart
(PENGU)How to Buy Pudgy Penguins – Step-by-Step Instructions
Beginners may need some guidance when investing in PENGU. This section explains how to buy Pudgy Penguins coin with best practices in mind.
Step 1: Create an Exchange Account
Although PENGU is one of the newest cryptocurrencies to buy, it’s listed on many major exchanges. Key factors when choosing an exchange include low fees, robust security, and deep liquidity.
MEXC is a top choice — the platform caps spot trading commissions at 0.05%, and it handles billions of dollars in daily volume. The exchange also offers institutional-grade security, including verified proof of reserves, device whitelisting, and two-factor authentication.
Visit the MEXC exchange to open an account. Enter an email address or mobile number and choose a password. MEXC users don’t need to provide personal information or KYC documents when withdrawing under 20,000 Tether (USDT) per 24-hour window.
Step 2: Purchase USDT With Fiat Money
MEXC accounts are funded with cryptocurrencies or fiat money. First-time investors use traditional payment types like Visa, MasterCard, Google/Apple Pay, or bank transfers. The payment processes immediately with competitive fees.
However, MEXC’s instant buy feature doesn’t support Pudgy Penguins — instead, investors buy USDT and trade them for PENGU on the spot exchange (which takes seconds to complete).
Click “Buy Crypto” and complete the instant buy form. Select a currency like USD or GBP and enter the purchase amount. The platform automatically selects a payment type (e.g., debit/credit card) based on the lowest transaction fee, but you can change this to the preferred method (e.g., SEPA or PayPal).
In our example, a $1,000 purchase gets 951.10 USDT, which includes fees and is close to the official spot rate.
Click “Buy USDT”, enter the payment details, and confirm — MEXC credits the USDT right away.
Step 3: Search for PENGU and Choose an Order Type
Click “Markets” from the top menu and search for “PENGU”. Two results appear — click PENGU/USDT (as you will swap USDT for PENGU).
Take a moment to evaluate the trading dashboard, including the PENGU price chart, order book, market depth, and volume. Millions of dollars worth of PENGU trade on MEXC daily, ensuring tight spreads and minimal slippage.
To the right of the order book is the order form — this is where you buy and sell PENGU.
A “market order” is selected by default, which lets you buy Pudgy Penguins coin instantly at the next best available price. This option is best for beginners and those who want the position executed immediately. A 0.05% commission per slide is applied to market orders.
Experienced traders may prefer a “limit order”, as they choose the execution price, which can be above or below the current price. No commissions are charged when placing limit orders.
Step 4: Buy Pudgy Penguins
Select the preferred order type and enter the purchase size. The easiest option is to move the slider to 100%, assuming you want to swap all of the USDT tokens in the MEXC account for PENGU. Alternatively, type in the USDT amount manually.
Confirm the order, and it executes, the PENGU tokens appear in the MEXC account.
Note: While MEXC is one of the best cryptocurrency exchanges for security and reputation, investors should withdraw their PENGU to a private wallet. Non-custodial storage eliminates counterparty risks and provides full control of the private keys.
What Is Pudgy Penguins (PENGU)?
Pudgy Penguins is more than just a cryptocurrency token — the team has built a globally recognized brand and one of the most popular NFT collections in the market. Here’s a closer look at the fundamentals.
PENGU Price History
Pudgy Penguins launched its digital artwork collection in July 2021, consisting of 8,888 unique penguin designs, each backed by an Ethereum-based NFT. The launch was a huge success — buyers purchased all 8,888 NFTs in the first 19 minutes at a 0.3 ETH floor price. The auction valued each NFT at about $450 based on ETH/USD prices at the time.
The sold-out launch created immediate hype, as buyers saw their NFT valuations rise at explosive rates. The largest sale happened in September 2021, when someone paid 225 ETH for NFT #6873, valued at over $775,000.
Pudgy Penguin’s success inspired the team to launch additional NFT collections, Lil Pudgy Holders and Pudgy Rods Holders. While not as valuable as the primary collection, they still command healthy floor prices and active trading volumes.
The next step for the project was to launch PENGU, an ecosystem token built on the Solana blockchain. Solana was preferred over Ethereum, where Pudgy Penguins NFTs operate, for its cost-effective and scalable framework.
The team allocated 25.9% of the PENGU supply for its airdrop campaign — NFT holders received free tokens on December 17th, 2024. While the airdrop amount was based on the specific NFT number, one holder received approximately 1.7 million PENGU. Those tokens were worth almost $97,000 at PENGU’s all-time high price.
Despite being a new token, PENGU launched on major cryptocurrency exchanges from day one, thanks to its NFT foundations and trusted brand recognition. However, as is the case with many airdrop events, the PENGU price dropped by over 70% in the first 24 hours — on-chain data shows that most airdrop recipients sold their tokens straightaway.
Pudgy Penguins Tokenomics
The Pudgy Penguins team created 88,888,888,888 PENGU at launch — the supply is capped, so additional tokens can’t be issued. Insiders airdropped 25.9% of the supply to NFT holders, while Solana and Ethereum ecosystem users received 24.12%.
The team received 17.8% of the supply via a one-year cliff and three-year vesting period. They also allocated 11.48% to the project treasury while the remaining tokens went to public goods, proliferation, and FTT holders.
On-chain data shows that about 62.86 billion PENGU is circulating, representing approximately 70% of the total supply.
Use Cases
Investors should know that the Pudgy Penguins team is developing use cases for token holders — utility will center on ecosystem features like gaming and metaverse experiences. Analysts explain that the project’s pre-utility nature is built into the token’s valuation, so investors risk funds hoping that use cases will eventually arrive.
PENGU does, however, serve several functions in its existing form. Holders have governance rights, allowing them to vote on ecosystem decisions (which likely includes future use cases). PENGU also lets holders purchase Pudgy Penguins merchandise, including branded jackets, hoodies, hats, and accessories.
Holders will also earn rewards for engaging with the community and contributing to the broader ecosystem, although more concrete details will be announced late this year.
PENGU also provides market exposure to the Pudgy Penguins brand — prices rise and fall based on the project’s growth, adoption rates, and general NFT sentiment.
Community
The Pudgy Penguins brand is recognized globally, both in Web 3.0 and non-cryptocurrency circles. In addition to over 50 billion social media views, the project has sold over 1.5 million toys to consumers around the world. Pudgy Penguins products can even be found in thousands of Walmart and Target stores.
The NFT collection has thousands of unique holders — many have stuck around since day one, opting to remain in the community rather than cashing in their gains. Solana blockchain data confirms over 515,000 PENGU holders, making it one of the biggest communities in the cryptocurrency sphere.
Why Buy PENGU: Is it a Good Investment?
It’s important to consider the investment thesis when exploring how to buy Pudgy Penguins coin. This section unravels the key points for investors to evaluate.
Strong Brand
The most successful cryptocurrencies, particularly the best meme coins, have built trusted and recognizable brands. Even non-cryptocurrency stakeholders know about Dogecoin — Pudgy Penguins have seen a similar trajectory.
The benefits of brand recognition shouldn’t be understated. Retail clients, who play a major role during bull cycle markets, are often drawn to cryptocurrency narratives they know. Rising demand for PENGU helps drive sustainable and long-term growth.
Future Utility
The Pudgy Penguins team continues to develop multiple ecosystem products that will provide use cases for PENGU holders.
One example is Pudgy World — an interactive social game currently in Beta mode. The free-to-play game offers special perks to PENGU and NFT holders, and introduces IRL (In Real Life) experiences for those owning Pudgy Penguins toys via QR codes. The team has developed Pudgy World with consumers in mind, ensuring a beginner-friendly Web 3.0 experience.
As one of the most reliable and competent teams in the blockchain and NFT sector, analysts expect Pudgy Penguins to deliver on all of its utility promises. From a price perspective, the PENGU price could increase as more use cases are released.
Massive Airdrop Price Decline
History shows that large-scale airdrop campaigns witness similar outcomes. Eligible participants sell their airdrop tokens on exchanges as soon as they appear on public exchanges, allowing them to lock in “free money”. This widespread offload results in an immediate price crash — selling pressure significantly outweighs new buyers entering the market.
Pudgy Penguin’s airdrop launch saw a similar scenario. The team listed PENGU at $0.05, only to see the price drop by over 70% in one day. On-chain data confirms that the vast majority of airdrop participants sold tier PENGU tokens at launch.
Seasoned investors who recognize Pudgy Penguin’s brand value are taking full advantage of the airdrop-driven crash. The token currently trades about 80% below the launch price, allowing investors to buy PENGU at a substantial discount. PENGU’s value has risen by over 50% in the past seven days, helping the project move closer to its billion-dollar market capitalization.
Holding Pudgy Penguins Coin in a Wallet
Storage is an important factor when exploring how to buy PENGU.
Blockchain experts recommend storing PENGU in a “non-custodial” wallet rather than keeping the tokens in a cryptocurrency exchange account. No exchange, even regulated ones, is 100% safe — counterparty risks include hacks, employee fraud, and the misplacement of client funds. Any of these scenarios means the stored PENGU tokens are at risk.
Pudgy Penguins uses the SPL (Solana Program Library) standard, which means PENGU tokens are stored in non-custodial wallets supporting the Solana blockchain.
Software wallets are free and convenient, making them a good option for beginners and casual traders. Mobile wallets are particularly popular — they come as iOS/Android apps and let users send, receive, and trade PENGU tokens on the move. The Best Wallet app, for instance, supports 60+ networks and has a built-in exchange for instant token swaps.
Desktop wallets are another way to store Pudgy Penguins. Solflare and Phantom offer browser extensions for Chrome, while Exodus has fully-fledged software for Mac, Windows, and Linux.
Software-centric solutions are less secure than hardware wallets, so investors with large PENGU holdings may consider a device like Trezor, Keepkey, or Ledger Nano. These wallets offer cold storage — the encrypted private keys are stored locally without internet access — this ensures cybersecurity threats are avoided.
Pudgy Penguins (PENGU) Price Prediction 2025-2030
Read on for our PENGU price prediction. Discover what the future holds for Pudgy Penguins in the coming years.
Pudgy Penguins Price Prediction 2025
Some analysts predict that PENGU could witness significant growth in 2025. The fundamentals are already set — the project’s strong NFT brand, global toy sales, and 50 billion social views can drive organic demand.
Two aspects, in particular, will help the PENGU price produce explosive returns.
First, PENGU is priced at a fraction of its initial $2.3 billion valuation. Investors can buy Pudgy Penguins at a more favorable market capitalization and take full advantage of the airdrop sell-off.
The second aspect is broader market conditions — most cryptocurrency experts expect an extended bull rally to start in Q2 or Q3 2025. Cardano founder Charles Hoskinson expects Bitcoin to reach $250,000 by the end of the year. Analysts at Standard Chartered also forecast a $250,000 Bitcoin price, with significant capital dripping down to the leading altcoin projects.
Pudgy Penguins could regain its $0.05 all-time high in Q2 before rallying to $0.21 by Q4. This PENGU price prediction requires a 19x upside from current prices and values the project at $13.8 billion.
Pudgy Penguins Price Prediction 2026
The team has promised multiple use cases for PENGU holders, and many may launch in 2026. Pudgy World, the on-chain game with social experiences, tasks, and community rewards, can onboard millions of retail clients, including those without cryptocurrency experience. Widespread adoption drives demand for PENGU, encouraging existing holders to remain in the ecosystem long-term.
Even with utility-driven perks and growing user numbers, broader market conditions can impact the PENGU price. Analysts cite Bitcoin’s historical four-year cycles, which directly influence altcoin valuations. The previous cycle saw total cryptocurrency market valuations peak at $2.8 trillion before they declined to $800 billion a year later.
A similar trend in 2026 means that PENGU may witness 52-week lows of $0.0735, reflecting a 65% drop from the 2025 peak. This market period is often the best time to buy cryptocurrencies, with price drops due to cyclical sentiment shifts rather than fundamentals.
Pudgy Penguins Price Prediction 2030
ARK Invest, the US investment firm specializing in Web 3.0 assets, recently upped its 2030 Bitcoin price prediction to $2.4 million, citing global adoption and favorable regulatory frameworks. This would make Bitcoin the most valuable asset globally, with an estimated market capitalization of $47 trillion.
The best altcoins will see capital inflows increase by billions of dollars. Pudgy Penguins already has a strong brand, and the ecosystem may offer many utility-driven products by the end of the decade.
Our Pudgy Penguins price prediction for 2030 is a potential all-time high of $0.71, valuing the project at about $46 billion. By then, all PENGU tokens will circulate, with the team’s three-year vesting period expiring in late 2027. This token dynamic ensures a capped and predictable supply, with no additional unlocks entering the market.
Potential Highs & Lows of PENGU
Here is a summary of our Pudgy Penguins price predictions for 2025 to 2030.
Potential Low |
Potential High |
|
2025 |
$0.0037 |
$0.21 |
2026 |
$0.0735 |
$0.18 |
2030 |
$0.53 |
$0.71 |
What Influences the Price of PENGU?
These factors will influence the PENGU price in the short and long-term horizons.
- NFT Market: Pudgy Penguins’ core product is its NFT collection. As one of the leading digital artwork projects, rising NFT demand can help drive the PENGU price.
- Retail Onboarding: The project’s strong, consumer-friendly brand appeals to the retail client space. PENGU benefits from increased cryptocurrency adoption — it’s already listed on major exchanges like Coinbase, Binance, and MEXC, ensuring seamless onboarding for beginners.
- Ecosystem Growth: PENGU tokens will eventually unlock multiple use cases within the Pudgy Penguins ecosystem. The team is developing several products, including a blockchain game with community rewards.
- Broader Conditions: All cryptocurrencies are influenced by broader market conditions — Pudgy Penguins is no different. Bullish sentiment will allow the PENGU price to reach new heights, while a bearish cycle may result in a massive correction.
- Partnerships: The team plans to make partnerships with global brands, providing additional utility for PENGU. Notable integrations will increase demand for the token.
Conclusion: Should You Buy PENGU?
This guide has explained how to buy Pudgy Penguins and what the future holds for the PENGU price. Some analysts are bullish on the project, citing its strong brand recognition, global sales, and undervalued market price.
You can buy PENGU in under five minutes on the MEXC exchange, which offers commission-free trading and supports fiat payment methods. Consider the risks before proceeding — Pudgy Penguins is a speculative cryptocurrency.
FAQs
How to invest in Pudgy Penguins?
Where to buy Pudgy Penguins coin?
How to claim Pudgy Penguins?
What is the contract address for Pudgy Penguins?
What is the rarest pudgy penguin?
References
- Pudgy Penguins, the Hot-and-Then-Not NFTs, Attempt a Comeback (Bloomberg)
- Bitcoin to hit $250,000 this year and Magnificent 7 to adopt stablecoins, Cardano founder predicts (CNBC)
- Bitcoin could soar 266% to $250,000 next year if ETF inflows stay strong, Standard Chartered says (Business Insider)
- ARK’s Big Ideas 2025 (ARK Invest)