PENGU-USD: Research Summary as of August 29, 2026

Asset Overview

PENGU is the Solana-based token of the Pudgy Penguins NFT project, launched in December 2024 with a maximum supply of 88,888,888,888 tokens [10]. It is important to note that PENGU does not represent equity ownership in the Pudgy Penguins company — token holders do not receive toy revenue, licensing profits, or corporate assets. Rather, it functions as a liquid crypto asset associated with the Pudgy Penguins cultural and product ecosystem [DOC-5]. As of late August 2026, PENGU is trading around $0.009–$0.0097, with a market capitalization of approximately $866 million [5][12][13].

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Recent Catalysts (Last ~1–3 Months)