PENGU, the novel token of Pudgy Penguins, a prominent NFT collection launched in 2021, has evolved into a cultural phenomenon. PENGU continues to be involved with digital collectibles thriving on Pudgy Penguins’ robust Web3 ecosystem.
The native token, PENGU, was introduced in December 2024 on the Solana blockchain. The potency of the NFT collection has sparked debate about the potential impact of the cryptocurrency. Can PENGU be a millionaire-maker token?
While PENGU shows promise, its potential to create millionaires hinges on market dynamics, community strength, and broader crypto trends.
In this article, Crypto Guide GH analyses whether Pudgy Penguins is a millionaire maker token.
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What is PENGU?
PENGU debuted CoinMarketCap, a cryptocurrency price tracker with a $2.3 billion market capitalisation. It peaked at $0.05738 on December 17, 2024, before dropping over 50% post-airdrop to NFT holders.
The crypto token was exchanging hands for $0.01418 at the time of this publication. Despite its pullbacks, it had a market capitalisation of $891 million. This ranking makes it a top 100 digital asset by market value.
Overall, 63 billion PENGUs are in circulation out of a total supply of 88 billion tokens. The token’s volatility mirrors the speculative nature of meme coins. Yet, its integration into the Pudgy Penguins ecosystem, which spans gaming, merchandise, and non-fungible tokens (NFTs), sets it apart.
PENGU’s primary drivers
Pudgy Penguins’ brand strength is a key driver. PENGU thrives on the Huddle, the nickname of Pudgy Penguin stakeholders. Their loyalty has made it possible for the project to amass a huge following of more than 3 million across social media.
Aside from this, Pudgy Toys has become a major staple in major retailers like Walmart and Target. The project bridges Web2 and Web3. This presents the project to children as a physical asset, while adults engage with the NFT collection and invest in it through PENGU.
Another area of interest is investor interest. Investor interest is reflected in trading volume. This metric shows the amount of liquidity being poured into a digital asset within a particular period. PENGU daily trading volumes in May 2025 have ranged between $120 million and $570 million.
Risk factors threatening Pudgy Penguins
While investor interest remains high due to the viability of the project, risks loom.
PENGU’s value plummeted post-airdrop. In addition to this, NFT prices have not mirrored past statistics, despite collective global sales soaring to $70 billion in May.
The crypto market’s volatility, coupled with competition in the NFT space, poses challenges. Tokenomics shows 17.8% is reserved for the team and 11.35% for the company. Despite marketing itself as a decentralised venture, the ratio raises concerns about centralisation.
The fully diluted valuation (FDV) of $1.28 billion will still make PENGU a small-cap digital asset in terms of market cap. What this means is that it has less than $2 billion in value.
This implies that exponential returns require significant growth. Historically, few tokens sustain “millionaire-maker” status due to market saturation and speculative bubbles.
Can PENGU make millionaires?
Yes, PENGU can make millionaires out of crypto traders. Let’s evaluate the amount that traders can invest in PENGU to become millionaires, using multiplication and percentage change.
As of May 15, 2025, the token commanded a trading price of $0.01359.
With this, those with $100 to spare can buy about 7,360 tokens. Traders could become millionaires once the digital asset breaches $136 in price. But how can this happen? Let us multiply 7,360 tokens by $136, and then the new value of the holding soars to $1 million.
In the same vein, investors with $1,000 to burn can buy about 73,600 tokens. Should PENGU hit $14 in the short, medium, or long term, total investment would then spike to $1 million.
For large-cap investors with money to spend, you can buy $10,000 worth of PENGU assets. Such an investment will see your account credited with 736,000 tokens. Pudgy Penguins will become a millionaire maker once it reaches a potential high of just $1.4.
Early adopters who buy the token before it explodes could see substantial gains.
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Conclusion: Is PENGU a good investment?
Yes, PENGU is an asset you can consider adding to your investment portfolio. The project’s community, multichain plans (Solana and Ethereum), and cultural relevance support growth.
PENGU’s ecosystem and brand make it a compelling speculative asset, but it’s not a guaranteed millionaire-maker.
Despite the positives, investors must still weigh volatility and dilute risks. Success depends on execution, market conditions, and community momentum.
Investors should approach Pudgy Penguins with caution, balancing enthusiasm with realistic expectations.
7 Comments
Great information about Pudgy Penguins and whether its token could make millionaires out of people with less capital to spare. We have a gaming platform that can also transform the fortunes of millions of people across the globe.
Great article by all standards. It is great to know more about some of these metaverse and NFT-backed tokens.
It is great to know that Pudgy Penguins NFT has a token. I loved and monitored the collections strongly. Great insightful article about a NFT-backed token. Awesome blog and I would be returning for more articles in the future.
As a crypto enthusiast, I am glad to have found this article. Its highly insightful and informative.
Great and insightful article. Thanks for letting us know the path through which a token backed by Pudgy Penguins can make us millionaires.
Thanks for the insightful content.
Is great to know the details behind the Pudgy Penguins token.