Peng is a meme token on the Solana blockchain. It aims to bring warmth and liquidity to the Solana chain. The token has no official team or established roadmap, indicating it is primarily for entertainment purposes.
Peng operates on the Solana blockchain, which is known for its high-speed transactions and low costs, suitable for decentralized finance (DeFi) applications. The tokenomics of Peng include a total supply of 100 million, a zero transaction tax policy, and its liquidity is burned to ensure fair distribution and prevent manipulation.
Potential use cases for Peng include:
Peng was launched in March 2024 as a meme token on the Solana blockchain. It quickly gained attention due to its engaging penguin-themed character and community-driven development. Peng has been listed on various exchanges and has become notable for fostering community engagement. Since its inception, no major forks or updates have been documented.