Pudgy Penguins (PENGU) Listed on 130 Exchanges Worldwide... "Memecoin with the Widest Distribution Network"

Doohyun Hwang

Summary

  • The Pudgy Penguins' PENGU has been listed on over 130 exchanges worldwide, making it the memecoin with the widest distribution network.
  • The current market capitalization is about $2.1 billion, ranking it as the fourth-largest memecoin, and it is listed on major exchanges like Coinbase, Robinhood, and Upbit.
  • The U.S. Securities and Exchange Commission (SEC) has begun reviewing the Canary Spot PENGU ETF application, and if approved, it will become the first ETF to simultaneously include both NFTs and memecoins.

The Solana (SOL)-based memecoin 'PENGU' has been listed on more than 130 cryptocurrency exchanges worldwide, emerging as the memecoin listed on the most exchanges.

PENGU is the official utility token that constitutes the Pudgy Penguins ecosystem and can be used for games, merchandise, and purchasing non-fungible tokens (NFTs). Its current market capitalization stands at approximately $2.1 billion, making it the fourth-largest among memecoins.

PENGU is currently listed on a total of over 130 global exchanges, including Coinbase, Robinhood in the U.S., and Upbit in Korea, which have strict listing criteria. This is part of a strategy to maximize distribution, thereby increasing PENGU's accessibility and trading convenience, according to industry experts.

A representative from Pudgy Penguins stated, "PENGU is the only memecoin listed on all leading exchanges with the highest recognition in each region, forming a connection with over 500 million global users," and added, "We have maximized the distribution so that anyone can access PENGU anywhere. This is part of a broader strategy that involves not only exchange listings but also the integration with various channels such as toys, GIF memes, and content."

Meanwhile, the U.S. Securities and Exchange Commission (SEC) has recently accepted the filing for the 'Canary Spot PENGU ETF' submitted by Canary Capital Group, officially starting a review process. If approved, the Pudgy Penguins ETF is expected to become the first ETF to simultaneously include both NFTs and memecoins.

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Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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