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Benzinga

Business

Aniket Verma

Pudgy Penguins Token Blasts 433% In A Month, NFT-Linked Crypto Dwarfs Bitcoin, Dogecoin — What's Going On?

PENGU Pudgy Penguins Bitcoin Dogecoin NFT Cryptocurrency

Pengu,Logo,And,Coins.,Pudgy,Penguins

Pudgy Penguins (PENGU), a coin related to the non-fungible token space, has been making waves in the cryptocurrency market, with its value soaring fivefold over the previous month.

What happened: The Solana (CRYPTO: SOL)-based coin has jumped 433% in the last 30 days, comprehensively outperforming market heavyweights like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE).

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