What is Pudgy Penguins ($PENGU)?

August 5, 2025 - 3 min. read

By Theo Buttigieg

Pudgy Penguins, Pudgy Penguins crypto, Pudgy Penguins toys, Pudgy Penguins characters, Pudgy Penguins Logo

Can you guess which cryptocurrency we’re about to dive into?

Here are a few hints: Cute, loves the cold and airdropped their token on Solana…

That’s right, it’s none other than the Pudgy Penguins and their token $PENGU!

The Pudgy Penguins Story

Where to even begin…

Pudgy Penguins first began their journey back in 2021 when they launched a unique collection of 8,888 hand-drawn penguin NFTs on the Ethereum network, which has experienced over $1.5B in volume and the highest sale capping at $650K for a single NFT…

Later in 2022, the penguins expanded their reach and launched physical merchandise across toy stores worldwide, most notoriously the infamous Pudgy Toys, which have sold over 2 million to this date…

Kids and adults across the globe are obsessed, and they may not even be aware of its presence in Web3, yet…

How Pudgy Penguins Expanded

After years of innovation and expansion, Pudgy Penguins has become a viral sensation with over 5 million followers and 194 billion views across its socials. They’ve made their way into children’s books, partnered up with Amazon, Walmart, Smyths, and other industry leaders, and now have a memecoin known as $PENGU, home to the Solana blockchain with almost 900K HODLers.

If you’re on social media, love to use gifs, or, of course, are a crypto degen, then you’ve most likely stumbled across a Pudgy Penguin at some point. Without a doubt, the cute penguins have made Web3 history and are slowly climbing the leaderboard of crypto market caps to claim the #1 position in the memecoin market.

Pudgy Penguins 2025 Partnerships & Launches

So much is in the pipeline for the Pudgy Penguins community, and we’re here to go through the confirmed launches and highly anticipated rumours that could potentially strip $DOGE of its crown and position $PENGU as the leading memecoin…

But, of course, we’ll have to see…

Placing themselves in another multi-billion dollar industry, Pudgy Penguins is soon launching its own mobile game Pudgy Party, and to complement that, they’ve collaborated with Play Solana to launch a limited-edition hand-held gaming device known as the PSG1.

Pop your hand out, because Pudgy has a treat for you.

You may not believe it, but childhood favourite sweet and toy company, Pez, has partnered up with Pudgy Penguins to launch a limited-edition set which is coming soon to a store near you!

Pudgy Penguins Rumors

Beyond the confirmed partnerships and product launches, rumors are swirling around a potential collaboration between Pudgy Penguins and McDonald’s, launching a Happy Meal collection of toys. Not only that, but supposedly they’re in talks to launch a series on Netflix that could target both kids and adults!

Oh, you thought that was it?

Nope, it’s not. Supposedly, the Pudgy Penguins team is looking to acquire the leading NFT marketplace from which it first derived, OpenSea. If all of these rumours are true, could you imagine what it would do for the $PENGU community?

Pudgy Penguins Token ($PENGU)

$PENGU is the native token behind the Pudgy Penguins ecosystem, primarily used for governance. However, $PENGU can also be used within the Pudgys ecosystem to buy NFTs, merchandise, and gain access to exclusive events.

Conclusion

At the time of writing, the $PENGU is priced at $0.035 with a large market cap of $2.2B, ranking it the 4th largest memecoin by market cap. $PENGU has seen an ATH of $0.005738 when it first launched in December 2024, shortly after the airdrop. $PENGU is yet to break those highs, and many believe it could become the leading memecoin of the 2025 bull run!

Pudgy Penguins Website

Pudgy Penguins X

Disclaimer

The content provided in this article is purely informational and nothing said is financial advice. Proceed with caution and always invest what you are prepared to lose. Remember that you are entirely responsible for your assets and investments and the author and the publication do not endorse any of the cryptocurrencies, protocols and/or strategies in this article.

Theo Buttigieg

Meet Theo, a London-based author and content creator passionate about crypto, DeFi, and blockchain technology...

Theo Buttigieg