PENGU, the native token of the Pudgy Penguins ecosystem, is now available for trading on the eToro trading platform. Pudgy Penguins shared the update in a post on X.
The token does not appear to have reacted much to the news since the memecoin is now consolidating after an uptrend. As of writing, PENGU price was down 3% in the last 24 hours. Meanwhile, it has had a blast over the last 7 days, with 23% up since Monday from a weekly low of $0.01279.
Furthermore, the ecosystem appears to have been very active in recent months. It has been listed on a number of major platforms since March, such as Revolut, Bitstamp, CoinList, and Robinhood. Pudgy Penguins started as an NFT collection back in July 2021. It consists of 8,888 hand-drawn penguin characters that exist on the Ethereum blockchain.
The project took off in popularity due to its distinctive artwork and strong vibe from its online community. Over the last year or so, however, it has grown much further than NFTs. It began releasing toys, brand collaborations, and now the PENGU token to drive its growing ecosystem. Last month, the token saw a 60% surge with good sentiment from traders.
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