The team of the NFT project Pudgy Penguins announced an airdrop. It is known that users can apply for PENGU tokens within 88 days.
$PENGU is now live.
CA: 2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv
Learn more & how to claim your PENGU below. pic.twitter.com/ROWgq02YbF
— Pudgy Penguins (@pudgypenguins) December 17, 2024
Assets that remain unclaimed will be locked in the smart contract forever. Note that Pudgy Penguins did not disclose the criteria by which the reward was distributed.
Team Stakeland reportedthat everyone who staked more than 690 MEME was eligible for the airdrop.
Previously Decrypt contacted project representatives with a question about who could qualify for the award. Then it became known that owners of NFTs from the Pudgy Penguins, Lil Pudgys and Pudgy Rods collections would be able to receive tokens.
Lookonchain experts said that the unknown trader earned more than $8.3 million in investments in the PENGU token. According to them, he spent 23,742 SOL (about $5.36 million) to purchase 239.6 million PENGU immediately after the release of the token, and then immediately sold it for 60,726 SOL (more than $13.7 million).
Note that at the time of writing, PENGU is trading near the $0.045 mark, and the capitalization of the Pudgy Penguins NFT collection is about $757 million. The daily trading volume is $35,000, the threshold value is $85,179.
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Source: Cryptocurrency
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