Pudgy Penguins bets $500K on Vegas Sphere — PENGU still down 85%
The price of Pudgy Penguins’ PENGU token is down 85% on the one-year anniversary of its launch, despite a deal with the Las Vegas Sphere.
The price of Pudgy Penguins’ PENGU token is down 85% on the one-year anniversary of its launch, despite a deal with the Las Vegas Sphere.
The Instagram account belonging to Pudgy Penguins CEO Luca Netz is being used to shill a Pump Fun-based token called $IGLOO.
Crypto companies are already removing their Pudgy Penguin profile pictures after a collab weekend that was overshadowed by Bitcoin’s price.
PENGU’s launch was beset with problems as crypto wallets flagged its website as ‘dangerous’ and claimants complained of missing tokens.
It’s been claimed that bulk-buying $20,000 of Pudgy merch could net a $50,000 profit for anybody willing to put in a bit of extra leg work.