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Altcoin News

PENGU Token Surges 562% in Just One Week, Hits $0.033

Written By:
Dishita Malvania

Reviewed By:
Dhara Chavda

Last updated: December 24, 2024 7:14 PM
Published 2024-12-24
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PENGU Token Surges 562% in Just One Week, Hits $0.033

In a thrilling twist of fate for both the worlds of NFTs and cryptocurrency, the Pudgy Penguins’ PENGU token has seen a massive increase of a staggering $562% in one week and around 18% over 24 hours, currently priced at $0.0331.

pengu price chart
Source: CoinMarketCap

With a market cap of $2 billion and a 24-hour trading volume of $777.36 million, which is 113% up from yesterday, PENGU is beginning to capture the attention of investors. The token skyrocketed an impressive 562% over the last month, reflecting surging confidence from the community and traders alike.

This is due to the recent major update from South Korea’s most prominent cryptocurrency exchange Bithumb, which just recently announced that it would list the token in their exchange from today, December 24, 2024, at 5:00 PM (KST). 

PENGU will be tradable on Bithumb’s KRW market with an opening price of 43.89 Korean won. But note that deposits and withdrawals will only be available via the Solana network, so users will have to use this blockchain for their transactions.

However, that’s not all. Bithumb also preparing for an amazing airdrop for the traders of PENGU tokens. Bithumb members who traded PENGU at least once from the trading started to 25 December, 23:59 will be eligible for the airdrop of 88,888,888 tokens on 9th January, 2024.  

Also Read: Hyperliquid’s HYPE token Pumps 35%, Will it break $10B Mcap?

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
Follow:
Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.
Dhara Chavda- Crypto Research Analyst at The Crypto Times
By Dhara Chavda
Follow:
Dhara Chavda is a Content Strategist and Research Analyst with 5 years of experience in the crypto industry. She holds a Bachelor’s degree in Computer Engineering and brings a strong technical perspective to her work. Dhara specializes in DeFi, price analysis, and the core mechanics of cryptocurrencies. She also works on crypto news, including research, analysis, and assigning stories, ensuring accurate and timely coverage of key developments in the space.

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