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Man, I have PENGU at 10% already on my finalized list.. I started reading and realized I know this stuff... lol...
Well, I can add PENGU, and that is the purpose of this thread. Thanks. I'm reading up on it now.
It's meme coin season. PENGU seems to be a strong contender for shitcoin of the year.
The amount of COPE to push a coin called USELESS is insane. LOL! And then the amount of cope to push a corporate shit bag penguin is equally disgusting. There are already rumors of Luca wanting to ICO his company. Who the fuck wants to bet on his Igloo brand via his meme coin over his stock? Already confronted him on Reddit about Abstract going to dilute his PENGU attention. Instead of admitting the problem, he just invented BS about the market not viewing Abstract as tied to the Pudgy brand. What next? Peddle the BS, his stocks won't dilute Pengu attention as a bet on Pudgy brand? I guess, you get away to talk absolute BS once you have huge VC backing you. The largest cap meme, DOGE, is neither a corporate invention nor a negative energy vibe token. The lesson is in there... keep telling everyone how a coin literally made to mock everything in crypto as USELESS or just farts is going to have staying power.
Nice try shilling your own bags. USELESS barely heard of and I'm eternally on twitter, so its unlikely going anywhere. The others are arguably just as bad except FARTCOIN might have enough general consensus to move. PENGU is just pray Luca can continue to larp as a business wiz and lie long enough for the community to to keep buying and recover from the 90% drop. SPX is the just Murad begging for an exit after his stupid memecoin supercycle thesis collapsed.
The rally is definitely influenced by the DAT buying but that buying is also likely influenced by good fundamentals. Outside of ETH it's the only chain that really has "bluechip" projects, like Jupiter, Jito, Kamino, Phantom, PUMP, even PENGU as a memecoin could be considered a bluechip with the backing behind it. The All In summit just happened and Solana had a presence there. This also leads up Solana's own Breakpoint conference in December, where price action has historically been really good. I believe Solana has 17 different ETF's pending right now, so that's another catalyst. There are technical upgrades which will make Solana noticeably better like the Firedancer client, Alpenglow consensus upgrade, the Block Auction Marketplace, new more efficient token standards allowing more throughput and DoubleZero connections backing more validators. Traditionally Solana has been the leader in DePIN and that continues to be true, with projects like Helium, Render, Hivemapper, GEODNet, etc. tldr: flows are driving the market but the fundamentals influence the flows, they are overwhelmingly going to the projects that have substantial traction, btc as SoV, ETH/SOL as widely used general purpose L1s, HYPE as an insanely profitable exchange, etc.
Post is by: berko_crypto and the url/text [ ](https://goo.gl/GP6ppk)is: https://pudgyworld.vercel.app The crypto market is heating up again, and while Bitcoin and Ethereum remain the backbone, the narrative is shifting towards memes with real utility and community-driven ecosystems. If you’ve been watching closely, projects like DOGE and SHIB kicked off the meme revolution, but they never had a mascot that could represent crypto long-term. That’s where $PENGU and the Pudgy ecosystem come in. 1. The Mascot Effect 🐧 Every major brand has a mascot — Tony the Tiger for Frosted Flakes, the Michelin Man for tires, even the Geico Gecko. Crypto, for all its global recognition, doesn’t have one yet. Pudgy Penguins already built one of the strongest NFT brands in the space, and now with $PENGU, we’re seeing the birth of a mascot for Web3. This isn’t just speculation. Luca Netz (the CEO of Pudgy Penguins) turned the project around from near-death and has grown it into one of the most recognizable NFT brands in the world. He’s expanded into toys, licensing deals, and now PudgyWorld — all powered by the community. That brand strength directly supports $PENGU. ⸻ 2. Utility Beyond Just Holding 💰 Most meme tokens are pump-and-dump. But $PENGU isn’t built like that. Holders have access to: • Staking: Earn passive rewards just for holding and staking $PENGU. • Pengu Stocks: A new way to grow your position in the ecosystem. • Airdrops: Verified holders receive exclusive token drops (the first $PENGU airdrop was one of the largest in the space, with Pudgy holders claiming massive rewards). • Beta Access to PudgyWorld: A metaverse-like experience tied directly to the ecosystem. This means there’s real incentive to hold, verify, and participate. ⸻ 3. Timing is Everything ⏰ The market cycle is turning bullish. We’re seeing institutional adoption rise (BlackRock ETFs, Fidelity spot products, etc.), and meme tokens are starting to run again. The difference this time is that the winners will be those with brand recognition and staying power — and $PENGU is already positioned as the face of crypto. At a current entry price, it’s still early compared to where this could go by the next bull cycle peak (end of 2025). Analysts are already speculating that tokens with strong branding and NFT ties could outperform. ⸻ 4. Why I’m All In 🔥 I’ve been in crypto long enough to see trends come and go, but what Pudgy is building is bigger than hype. It’s culture + utility + community. That combination is rare. Whether you’re a trader looking for the next x100 play or someone who wants to be part of a global brand movement, $PENGU deserves your attention. If you missed DOGE or SHIB early, don’t sleep on this one. The penguin is becoming the face of crypto — and the market is starting to notice. ⸻ 👉 What do you guys think? Can $PENGU become the mascot for Bitcoin and Web3 as a whole? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
Post is by: berko_crypto and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1ndyoyq/why_i_think_pengu_could_be_the_next_big_meme/ Over the last few years, we’ve seen countless meme coins come and go. Some pump, some dump, and only a few actually stick around. The ones that succeed usually manage to build a strong community, real culture, and some form of utility. That’s why I’ve been looking into $PENGU, and honestly, I think it has serious potential compared to most of the noise out there. Let me break down why I’m bullish: ⸻ 1. The Mascot Effect 🐧 Every major brand has a recognizable face. Frosted Flakes has Tony the Tiger, Michelin has the Michelin Man, and even crypto communities like Dogecoin had the Shiba Inu dog. But here’s the thing: Bitcoin doesn’t have a mascot. $PENGU is aiming to become that “friendly face” for Bitcoin. A penguin is relatable, meme-able, and instantly recognizable. It’s not just another random animal slapped on a token—it actually has the potential to brand itself as the mascot of crypto. ⸻ 2. Community-Driven Growth 🌍 The $PENGU community is already buzzing. There are NFT holders, Telegram groups, PudgyWorld gamers, and even airdrops being distributed to reward active users. If you’ve been in crypto long enough, you know community is the backbone of any successful project. ⸻ 3. Real Ecosystem: Token + NFTs + Game 🎮 What makes this different from other meme tokens is the ecosystem being built: • $PENGU Token – tradable, stakable, and already tied to airdrops. • Pudgy Penguins NFTs – highly recognized on OpenSea, with growing demand. • PudgyWorld Game – an interactive way for holders to actually use their assets. This combination of meme + utility + culture makes it stand out. ⸻ 4. Ways to Earn 💸 This isn’t financial advice, but here are some of the ways people are currently engaging with the ecosystem: • Buying & holding $PENGU (for long-term upside). • Staking $PENGU in PudgyWorld for passive rewards. • Pengu Stocks – a fun way to “invest” inside the platform. • Verification – verified holders get access to exclusive roles and potential airdrops. And yes—there’s even a 10,000 $PENGU bonus for new accounts on PudgyWorld. ⸻ 5. How to Get Started 🚀 If you’re curious, you can check everything directly on the site: 👉 https://pudgyworld.vercel.app/ Hit Menu → Join the Huddle, create an account, and you’ll see your dashboard where you can claim your welcome bonus, stake, or check your eligibility for airdrops. We also talk about this daily in our Telegram community, where members share updates, strategies, and alpha: 👉 https://t.me/thepudgyworld ⸻ Final Thoughts There are a million coins out there—but the ones that actually stick are the ones with a strong identity and ecosystem. $PENGU is positioning itself as more than just a meme; it’s a culture and a brand. I’m personally stacking and staking because I see the long-term vision here. Whether you just want to collect NFTs, play PudgyWorld, or go full degen, there’s a way to get involved. 🐧 What do you guys think—does crypto need its own mascot? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
I held for 4 years at like a .74 average and sold for a 2k loss. Switched it to PENGU and already made my money back.
Sounds awesome! $PENGU really gives off a fun and chill vibe
It depends. I use ETH for example to execute smart contracts & interact with dapps. But yeah, if you are waiting for a use case for PENGU or similar - good luck. Best sell it for something that has a use case already.
I can probably add in a bit of additional info around the dev, chain, and some other bits as I guess I've been reasonably active in proximity. Pudgy Party is first and foremost a game-first effort, with added asset ownership. Effectively taking web2 gaming and adding some web3 rails that are largely abstracted away so that casuals and normies don't have that onboarding friction. Mythical Games are the game dev - see https:// mythicalgames.com They also do the official FIFA Rivals (which I play quite a lot), and NFL Rivals titles (which i played for a while, but am not American, so found it harder to acquire and keep up with in-depth player knowledge etc). So some big IP's in the mix. Mythical have a built-for-purpose gaming chain called Mythos - see https://mythos foundation - which runs on the MYTH token. The chain got built using a Polkadot tech stack. It's been set up as a platform play, to host multiple games from both them and 3rd party devs. MYTH token is on Mythos, Ethereum, Avalanche, and Base, but it's the native token that is used for marketplace (or staking, etc). So if you buy on Ethereum then you have to bridge, etc. Personally I just tend to buy DOT on CEX, send to Nova wallet, swap to MYTH in-wallet, and send to marketplace wallet. Fees for that are next to nothing. Marketplace is free to list/delist, but the sales fee feels steep. Most of my funding and spend experience with it has been related to FIFA Rivals, though tbh in due course there is a chance that I may sell a couple of players to buy some pudgy items. I'm lucky enough to have won one of the Power Pudgy skins mentioned (recent sales tracking around USD 1k) but tbh no real plan of selling - I still see it as just an in-game thing that's in my inventory. Hella good moves though 😅 The marketplace also has a Coinify option so you can just use ETH, BTC, whatever if you want. I understand PENGU is being added to the list. And it has the usual fiat options. I agree with u/gabester - the web marketplace https://mythical.market is sub-par in terms of info and user interface. It works, but I personally prefer to have more by way of analytics re bids and trends. In terms of in-game marketplace, I get that it makes more sense to keep the in-game version simple, but if I'm using web then I'd like more info. Elsewhere, NFL Rivals already has an in-game marketplace, and FIFA Rivals is just launching the first stage of it. Mythos was formerly on Ethereum, but switched for technical reasons - scaling, throughput, fees, control etc. I did hear/see a thing about why. Will add the link if/when I find/see it again. The token itself has had a bad run. I personally am guessing it's undervalued, but I guess we'll see in due course. It might be that there's still some more clearing out that needs to happen. I understand there was a big MEXC listing dump early on, and then trends exacerbated with bear market, gaming sector implosion and so forth. Tokenomics have been re-done earlier this year, so now all transaction fees are burned, etc etc. There are some indicative analytics here: https://mythos.foundation/analytics Scytale Digital wrote about the tokenomics pivot here: https://www.scytale.digital/blog-posts/the-platform-playbook-how-fifa-rivals-adidas-and-new-tokenomics-signal-a-re-rate-for-myth Related X profiles: @playpudgyparty is the game @playmythical is Mythical games @enterthemythos is Mythos Chain @johnwastaken is the CEO of Mythical - as I recall he started off as a CoD studio head @freaz7 is Mythical's head of web3, recently joined. He wrote a thing talking about why, and the state of web3 gaming generally, which is pretty insightful imho: https://x.com/freaz7/status/1961088061951164711?t=yzJJCSWzdprfFdaTO0kjZA&s=09
Buying PEPE at this entry point, right before a massive rally is a gamble for sure. A damn good gamble 🤙 My PENGU bag also outperformed all of my layer 1 / utility coins 🤷♂️ But then again I also took profits in December, instead of screenshot so it doesn't hurt as bad as folks who bought the top of the trump rally
The kid is new. His first coin can't be a meme. Lol, I am easy up on PENGU though.
I bought alts coins way too early. There, I admitted it. Aside from PENGU I should of just bought BTC/ETH.
PENGU is about to pop
You must invest everything in Pudgy Penguins PENGU. There are no other options.
PENGU to the moon! 🐧🚀🌝
Is PENGU a leading indicator lol? Look at that V go
Thanks for supporting us! We are adamant on making PENGU deflationary YoY. More details to come!
tldr; The Pudgy Penguins project is rewarding its community with an airdrop of the $PENGU token, aimed at NFT holders. To participate, users need an Ethereum-compatible wallet and ETH for transaction fees. The airdrop emphasizes simplicity and community loyalty, offering governance, staking, and exclusive perks within the ecosystem. Eligible participants can claim their tokens via the official claim portal. For assistance, users can visit the project's Discord or support page. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
tldr; $PENGU is the native cryptocurrency of the Pudgy Penguins ecosystem, launched on the Solana blockchain with plans to expand to Ethereum and Abstract. With a total supply of 88.88 billion tokens, 25.9% is allocated for community distribution via an airdrop. The token aims to enhance community engagement, integrate NFTs with tokenized value, and grow the Pudgy Penguins brand. Eligible participants include holders of specific NFTs and active DeFi users. The claim period lasts 88 days starting December 17, 2024, with unclaimed tokens potentially burned. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
So what exactly is the point of the token PENGU in all of this? What reason is there for the token to have value?
Long term: BTC, ETH Short/Medium term: PENGU, XRP
If you want cheap cryptos with bull potential, $PENGU (Pudgy Penguins) and $LILPEPE (Little Pepe) are buzzing right now. Meme coins can explode, but they’re super risky. Keep most of your portfolio in XRP and BTC, and maybe throw a small amount at high-risk coins for fun.
tldr; $PENGU is the native cryptocurrency of the Pudgy Penguins ecosystem, launched on Solana with plans to expand to Ethereum and Abstract. With a total supply of 88.88 billion tokens, 25.9% is allocated for community distribution via an airdrop. The token aims to enhance community engagement, integrate NFTs, and expand the brand. Eligible participants include holders of Pudgy Penguins NFTs and active DeFi users. The claim period lasts 88 days starting December 17, 2024, with unclaimed tokens potentially burned. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Hi Luca, great seeing you here on reddit! Big fan of pudgies and watching you build. I met you very briefly at your nft nyc experience last year (2024) with a family member and they still talk about it positively to this day haha. While I'm a smaller collector, I do have some $PENGU I've been hodling, and love to use pudgies gifs with friends. If you'd ever like to chat Reddit Collectible Avatars, my dm's are always open! As an artist in the program since gen3, I've had a lot of experience seeing how to build avatars that both work with the avatar builder file format requirements, and how to design avatars that mix and match well for collector fun - would be happy to share some tips! Also connected with a lot of the artist community if you're interested in potentially getting some of the art done in collaboration with current artists. I know the RCA community would love to collect a Pengu Reddit collectible if you're still interested in making one happen!
All the data required for making/buying $PENGU [https://x.com/0xwarlock\_0/status/1914909992093704403](https://x.com/0xwarlock_0/status/1914909992093704403)
6M eligible wallets got it. From rich people to poor people, everyone got some free $PENGU.
What are the expectations with $PENGU since it has an ETF besides wider adoption ? Is there a China takeover planned ? Harder market to penetrate but also one of the largest for consumer. Keep rocking Luca, not a holder but I cheer for you and the project !
> That's like saying X and Space X can't be successful because Elon has Tesla. That is a complete psyop. X and Tesla are two highly uncorrelated products. Ppl who buy PENGU and Abstract are both betting on your Pudgy Penguin brand. X had a user base before Elon took over. X didn't grow off Tesla's user base. > I would argue communities curate themselves and that is a feature not a bug. It is a bug if you think you want it to be the next "Mickey Mouse." Mickey Mouse means you are targeting an underage demographic, who are very sensitive to bad influence. Why would you think parents would support a brand empowering anons to influence impressionable kids? > A lot of people represent Disney characters who I would argue are "bad for the brand". How many morally reprehensible ppl do they keep along after a public backlash? You can't control who buys your PFP and how they will use it to their advantage. That is how BAYC got its bad reputation, as bad actors used their PFPs to coordinate pump-and-dump scams, among other malicious activities. Crypto is for adults who have the mental capacity to tell right from wrong. Building a brand for kids doesn't make sense.
Would you be open to giving a hand to another fellow penguin: $PENGY? We have a great dApp installed on Solana Seeker phones with a running partnership with Solana Mobile. We integrated $PENGU on our platform already as well as lots of other apps for traders. We have big development plans for the future but we need some recognition to be able to deploy all we want to do. You guys can be $DOGE and help us become $SHIB 😁
Hey Luca! With Pudgy Party being built on $MYTH and Polkadot, how does that integrate with the larger plans around PENGU and Abstract?
Hey Luca, thanks for doing this! I'm a long term PENGU fan How has the "Penguin Proliferation Thesis" evolved since launching the toys in major retailers like Walmart and Target, and what exciting new ways are you planning to spread the Pudgy love?
He and Igloo Inc are the ones that launched Abstract. No token has been officially announced, but they are doing an XP campaign, so participating in that is probably the best way to secure a potential airdrop, but if the PENGU airdrop is any indication, you'll probably get the Abstract airdrop just for holding any of the NFT's.
Dear Luca, I hope this comment finds you well. I didn't see the PENGU redemption arc and fumbled the opportunity. As an avid shitcoin connoisseur, this has been tormenting me for weeks. I'd very much appreciate another 85% correction followed by a 200% rally. Is this feasible or am I fucked and missed it for good? Kind regards, fu\_paddy
What can the community do to help build PENGU and the Pudgy universe? Also are you a member of r/pengucoin ??!
Why we can NOT buy PENGU in some USA states like NEW YORK. Pudgy penguin is advertised in New York Times Square billboards. What up with that?. Pay the bit linces in New York!!!
PENGU, gone from 0.03 to 0.39 on the last month, and it's still around 0.30, if it stabilizes, it could skyrocket again in a couple of weeks/months.
Let's see who will win, this one or PENGU
Idk man, I just buy loads of PENGU cuz it's the cutest
Safe: ETH, BTC, SOL Biggest Memes for moonshot: PEPE, MOG, PENGU, FARTCOIN
PENGU is seen as a meme, but it’s morphing into something more, doing things other meme tokens are not. We still have: -NASCAR -PEZ -Scrub Daddy -Suplay collectibles -Blind box figures -Walmart Series 3 toys -@PlayPudgyParty release in August -New @LilPudgys weekly YouTube episodes featuring holders’ licensed IP -Barnes & Noble/Target/Amazon etc for the book publishing deal -@vibes_tcg Legends of the Lils set 2 -Lufthansa Miles & More points program rewards for shop purchases -Major collab tease 👀 -ETF approval review/filing with CBOE -Arcade & claw machines being shipped to places such as Dave & Busters, Chuck E. Cheese, Six Flags, Hershey Park, Knott’s Berry Farm -Mini plushies -Abstract Chain development and partnerships The list goes on… -190 Billion+ collective $PENGU mindshare views -Top 5 in meme category on track to beating top coins -5 Million+ global followers -2 Million+ toys sold -On track to 1 Million $PENGU holders Pudgy Penguins X account is constantly communicating on McDonalds posts with McDonalds responding in a way that seems like they may be collabing soon. Just one small thing that adds to the list of things this company is doing to lengthen their reach. Pudgy is already a huge hit over in Asia, they absolutely love it over there. On poster boards in the cities, and on shelves in stores. There are some locations you can find the items in the US, such as Walmart. Follow Pudgy Penguins on X, you’ll see for yourself how involved they are with their community. Constant updates and marketing. A ton of people are changing their PF picture to a Pudgy Penguin NFT, including exchanges and well know user accounts in the crypto space. I have been a part of dumb plays in the past, but this one feels like a winner. DYOR, I don’t want to sell you on something you’d regret. But all the signs are there for me and many others to have faith in holding this coin/nfts.
PENGU inverse h&s on the small timeframe, might just pop
Dog chew coins. 🪙 Doge. Ski mask 😷 🐶 scam (dog). Trump is a dog, so you can call his coins dog pull ruggers. Pengu will be a massive 🐧 ruggy. What’s going on: PENGU is showing early signs of strength after a clean retrace to the $0.31 region, right into a Fibonacci golden pocket. The move mirrored SOL’s own bounce off support, suggesting confluence across majors. Now trading near $0.036, price is recovering with improving volume, a sign of potential trend continuation. Key levels we’re watching: Support: $0.031 → golden pocket zone, strong bounce Resistance: $0.0375 → short-term ceiling to break Profit zones: $0.041, $0.045, $0.050 → key POIs on the way up Breakdown risk: Close below $0.030 invalidates setup Directional Bias: Bullish The retrace was healthy and well-supported. Needs to reclaim $0.0375 with volume to confirm continuation. What we’re waiting for: Spot accumulation or low-leverage longs near $0.036 Volume expansion on breakout above $0.0375 Momentum build toward $0.045+ profit targets
DYOR but if you want a coin that not only has some real world things going for it but also an amazing community look into $PENGU (Pudgy Penguins). A partnership with Nascar, Walmart, was featured heavily at Comic Con, new game coming soon, many big financial and web3 companies changing there profile pics to the pengu and a dev who is very communicative. Those Pengus hold strong with hands of diamond and ice and their reddit community is heavily anti FUD. Whether you have 1 coin or billions all are welcome in the huddle
Do you think $PENGU will be the biggest meme coin of this cycle?
Diversify in something like this : - **BTC**: 20% - **ETH**: 25% - **PENGU**: 15% - **SUPER**: 10% (gaming/metaverse exposure) - Taobot: 10% (Moonshot) - Sui : 5% - Pendle : 5% - AI16Z: 2.5% (AI sector, high volatility) - CryptoAutos: 2.5% - Aave: 5% (new, leading DeFi protocol) Not fully these picks but something similar to that allocation
$PENGU And NOTHING Else🐧🐧🐧
Hey guys… check out $rekt it’s a IP play like $PENGU and could run the same way.. chart and everything looks good.. I also bought toshi Holding spx6900
$PENGU is the future for crypto anyways
I’d say $PENGU, but may get lit up for it. I think it will do very well. Large community support as well.
I’ve noticed $PENGU blending meme vibes with some real-world touches - it’s an interesting move if the execution holds up.
What are people's thoughts on PENGU? It's just \~175% this month -- Who thinks it will go further up?
PENGU has been one of the best performers
Rate my portfolio: SPX PENGU USELESS +20% on other meme coins low cap
Yep. That's exactly my problem. I hesitated in HYPE at 9$, SUI at 1.20, PENGU at 0.003... 🤡💩
1) BTC 2) XRP 3) HBAR 4) Drop other memes and put it in PENGU
PENGU is going for that ATH
Altcoin season is at 43! https://coinmarketcap.com/charts/altcoin-season-index/ Might have to make room for $PENGU before the flip
At some point PENGU has to correct itself a bit Right?
After calling $PENGU at .10, I officially am calling $FWOG to do a 10x within 2 months. I will come back to this. I am petty
I mean, that wouldn't have been a bad idea a couple of days ago. Who knows if it is today, though. Disclaimer, I don't hold any PENGU and don't plan to.
People on here hate PENGU, but its inevitable
People on here hate PENGU, but it's evitable
$PENGU has potential too they aim to reach $1 for long term
BTC, ETH, SOL, XRP, PENGU, DODG, and probably 10 other ones at the moment. GL
Okay real talk what would you do if you are up 201% on PENGU totaling just over 3200 profit
$PENGU gone nuts this month, going to surpass ATH soon
Buy PENGU u wont regret it
Me and my humble $PENGU are doing very well 🙏🏼
Normies do follow politics in general & last week happened to be about crypto, legitimizing it. A random story about some PENGU millionaire will not bring more attention to crypto than this last few days. Might be wrong but that's my take.
One lesson you will learn is to be cautious towards buying crypto assets issued by a company. A lot of us who have seen enough during the NFT era learned valuable lessons on why. These companies are heavily influenced by VCs who are incentivized to dilute your positions. When you buy a meme issued by a company, you are basically betting on the company’s brand. A lot of these can go wrong and they often do. In the case of PENGU, it is issued by the Igloo Inc company. Dilution: Igloo Inc has another project called Abstract Chain and they will issue another token called, $ABS. The token will be marketed as the “utility” token for the Pudgy Penguin brand. If you buy into PENGU now, you face the risk the attention to bet on the Pudgy brand shifts to the $Abs token. It is easier to see why because ppl will see $Abs as both a bet on the brand and partnership growth on the Abstact chain, while PENGU is just the brand. Throughout crypto history, when you have a team issuing two different tokens, the “weaker” one will always suffer a horrible fate. I recommend you to do your own research and look at pair examples like Wen/Jupiter and Mobile/HNT. Outside dilution, the other major threat/risk is the company reprioritize away from crypto to serve their shareholders interest. Most of the time, this is the case. A lot of old NFT projects have gone down that route when they find it is easier to make money elsewhere. Take a look at memeland and the memecoin as a big example.
I’m seeing Pudgy Penguin everywhere. Their marketing team is doing one hell of a job and to me, memes are all about building enough hype to get a big enough community behind it. At a $2B market cap, I don’t see $PENGU being the next 100x memecoin, but there’s still room for upside - esp if it needs up becoming the next shib or doge. I’m personally in PENGU and TOSHI (no particular reason besides a super low market cap that I’m treating as a lottery ticket).
Subtract the expectation of logic from your mind or explain PEPE, PENGU & BONK.
You sign up with an exchange like Coinbase, Kraken or Binance depending on where you live. Make sure you’re completely verified or you won’t be able to withdraw. Once KYC is complete and you can buy, sell and transfer- deposit your $1200 and go 50% BTC, 30%ETH, 20%(your favorite alt/meme) SOL, KAS, PENGU whatever.
Exactly. \*buys PENGU\*
In other news PENGU is up 900% in the last 90 days
Brother, your objective data is cherry-picked for the last 30 days. You concede early in your comment that BTC has performed better on longer timeframes, you also ignore the fact that you could have picked up some XLM, PENGU, or several other shitcoins that would have performed much better than BTC over the past 30 days. You’re finding facts to fit your narrative, not the other way around. Gtfo with your holier than thou attitude and acknowledge that you don’t know shit, just like the rest of us.