Details about penguin coin
7/18/2025 01:18pm
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The deep research logic is organized as follows:
Okay, let's tackle the user's question about "Details about penguin coin." First, I need to understand what the user is asking for. They mentioned "penguin coin," which could refer to multiple projects since there are several coins with "Penguin" in their name. From the references provided, I see there's Pudgy Penguins (PENGU) and another project called Penguin (PEN). The user is interested in the Solana ecosystem, so I should focus on PENGU, which is Solana-based.
Looking at the references, Pudgy Penguins (PENGU) is a meme coin launched on Solana in late 2024. It's associated with an NFT project and has seen significant price movements recently. The user might be interested in the tokenomics, recent market performance, and any upcoming developments like ETF filings.
I should check the latest data from the references. For example, on July 14, 2025, PENGU climbed 26% and its market cap approached $2 billion. There's also mention of an ETF application by Canary Capital, which the SEC acknowledged. This could be a key point for the user as ETFs often drive institutional interest.
The user's profile mentions a focus on Solana news, so highlighting PENGU's Solana launch and any partnerships or ecosystem integrations would be relevant. Also, the user is interested in technical analysis, so including price trends, trading volumes, and market cap changes would add value.
I need to structure the answer clearly, starting with a conclusion, then detailed analysis. Make sure to include tables for key metrics and recent price data. Also, since the user prefers Solana, I should compare PENGU with other Solana-based projects or meme coins.
Wait, there's another project called Penguin (PEN) mentioned in reference 6, but it's on Solana as well. However, the user's question is about "penguin coin," which could be ambiguous. But given the context and the user's interest in Solana, PENGU is more likely the focus.
I should also mention the recent partnerships, like the Suplay Inc. collaboration, which boosted PENGU's price. The user might appreciate knowing about these strategic moves. Additionally, the airdrop details and token distribution from the whitepaper (reference 29) are important for understanding the tokenomics.
Need to ensure all data is cited correctly using the reference numbers. Also, check for any recent news up to July 17, 2025, as the current time is July 18. The user's investment horizon is short to medium-term, so recent price movements and upcoming events are crucial.
Finally, the answer should be engaging, using emojis as per the format requirement, and structured with headings and subheadings for clarity. Make sure to include the visualization for the query "Pudgy Penguins climbs 26% as analyst draws PEPE comparison, eyes further upside" as per the references.
Let me organize the information: start with a conclusion, then break down into sections like Token Overview, Recent Market Performance, Tokenomics, Key Developments, and Risks. Use tables to present data neatly. Ensure all points are supported by the provided references and cite them correctly. Double-check that the answer aligns with the user's profile and preferences, focusing on Solana and technical aspects.
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### 🐧 **Penguin Coin: Comprehensive Analysis** 🚀
#### 🌟 **Conclusion** 🌟
Penguin Coin (PENGU) is a Solana-based meme coin tied to the Pudgy Penguins NFT project, experiencing rapid growth driven by ETF speculation, community engagement, and strategic partnerships. With a market cap nearing $2 billion and recent price surges, PENGU stands out as a high-risk, high-reward asset in the Solana ecosystem. However, its success hinges on regulatory approvals, institutional adoption, and sustained community interest.
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### 📊 **Key Details & Analysis** 📊
#### 🎯 **Token Overview**
| Metric | Data |
|-----------------------|----------------------------------------------------------------------|
| **Ticker** | PENGU |
| **Blockchain** | Solana (Launched late 2024) |
| **Market Cap** | ~$2 billion (as of July 14, 2025) |
| **Price (July 17)** | $0.01111 (24h high: $0.01111, 24h low: $0.00960) |
| **24h Volume** | $2.07 billion (226% surge) |
| **Circulating Supply**| 88.8 billion tokens (70% of max supply) |
---
#### 📈 **Recent Market Performance**
- **Price Surge**: PENGU climbed 26% in a single day (July 14, 2025), with a 91% weekly gain and 195% monthly rally .
- **ETF Hype**: Canary Capital’s PENGU ETF filing (95% allocation to PENGU) sparked bullish sentiment .
- **Whale Activity**: Whale wallets (holding >$1M) increased balances by 1% .
---
#### 📊 **Tokenomics**
| Metric | Data |
|-----------------------|----------------------------------------------------------------------|
| **Total Supply** | 88.8 billion tokens |
| **Community Airdrop** | 62.86 billion tokens (70% of max supply) |
| **Team/Advisors** | 30% reserved (released from Dec 2025) |
| **Use Case** | Governance, ecosystem funding, and Pudgy World (P2E gaming) |
---
#### 🚀 **Key Developments**
1. **Partnerships**:
- **Suplay Inc.**: Collaborated to expand collectibles market in Asia .
- **Walmart/Target**: Physical merchandise integration .
2. **ETF Progress**:
- Canary Capital’s ETF application under SEC review .
- CBOE filed to list PENGU ETF .
3. **Community**:
- Over 560,000 token holders .
- Viral marketing (e.g., Coinbase’s X profile change to Pudgy Penguin NFT) .
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#### 🚨 **Risks & Challenges**
- **Regulatory Uncertainty**: ETF approval pending SEC clearance .
- **High Volatility**: Overbought RSI (88.07) .
- **Competition**: Rivals like Little Pepe (LILPEPE) and Dogecoin (DOGE) .
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### 🎯 **Final Take** 🎯
Penguin Coin (PENGU) is a speculative play with potential upside from ETF adoption and institutional interest. However, investors should remain cautious of regulatory risks and market volatility. For Solana enthusiasts, PENGU offers a unique blend of meme culture and blockchain innovation.
**Stay vigilant and trade responsibly!** 🐧✨