Buy Pudgy Penguins (PENGU)
What is Pengu (PENGU)?
Pengu (PENGU) is a cryptocurrency token introduced by Pudgy Penguins, a well-known NFT project. It is designed to expand the Pudgy Penguins ecosystem beyond NFTs and into the broader cryptocurrency space, enhancing community engagement, providing utility, and bridging Web2 and Web3 technologies.
How does Pengu (PENGU) work?
Pengu operates on the Solana blockchain, using the Proof of Stake (PoS) consensus mechanism. The project plans to extend its functionality to Ethereum and Abstract Chain, enabling cross-chain capabilities. Smart contracts power its features, including governance, staking, and exclusive content access, though detailed technical specifics have not yet been disclosed.
What are the potential use cases for Pengu (PENGU)?
Pengu supports governance voting for the Pudgy Penguins project, access to exclusive content and events, and rewards through staking. It also has applications in gaming and metaverse economies, merchandise purchases, and NFT airdrops. Industries benefiting from Pengu include NFT collectibles, gaming, decentralised finance, e-commerce, and entertainment. Notable collaborations include partnerships with Google for gaming workshops and Binance NFT Marketplace, with potential for alliances with other major NFT projects.
What is the history of Pengu (PENGU)?
Pengu originates from the Pudgy Penguins NFT project, initially launched on Ethereum. The PENGU token was announced in 2024, with its official launch taking place in December 2024 on the Solana blockchain, featuring a total supply of 88.88 billion tokens. Future plans include cross-chain expansion and integration into gaming and metaverse projects, reflecting its ambition to broaden the Pudgy Penguins ecosystem and attract a wider audience.
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Frequently Asked Questions (FAQs)
What is the current price of Pudgy Penguins (PENGU)?
The Pudgy Penguins price is $0.04278902 AUD, representing a -11.83% from the day prior.
Where is the best place to buy Pudgy Penguins (PENGU) in Australia?
The best place to buy Pudgy Penguins (PENGU) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Pudgy Penguins (PENGU) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Pudgy Penguins (PENGU)?
The trading volume of Pudgy Penguins (PENGU) is $654.4M AUD in the last 24hrs, representing a -11.83% from the day prior.
How can I buy Pudgy Penguins (PENGU)?
Pudgy Penguins (PENGU) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Pudgy Penguins (PENGU)?
The current market cap of Pudgy Penguins (PENGU) is $2.7B AUD.
Can I convert Pudgy Penguins (PENGU) to cash?
Yes - With Coinstash you can convert your Pudgy Penguins (PENGU) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Pudgy Penguins (PENGU) are there?
The current circulating supply of Pudgy Penguins (PENGU) is 62.9B.
Is Coinstash a safe place to buy Pudgy Penguins (PENGU) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Pudgy Penguins (PENGU) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.