Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
Marvie Basilan

$PENGU Token Easily Topples Long-time Greats $FLOKI, $BRETT In Top Memecoin Ranks

The $PENGU token was launched on Dec. 17 to a crypto community that embraced the memecoin with arms wide open. (Credit: Pudgy Penguins on X / Video Screenshot)

KEY POINTS

  • $PENGU passed $2 billion in market capitalization just two days since going live
  • Other memecoins haven't even gone live on major exchanges, but $PENGU is on Bybit, OKX, and more
  • The meme token got the attention of TRON's Justin Sun and prominent blockchain figure Adam Cochran

PENGU, the official token of the Pudgy Penguins non-fungible token (NFT) collection, dropped earlier this week to a much-hyped cryptocurrency community and in just two days, the memecoin has already dethroned some of the meme token realm's all-time greats.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.