Bitcoin24h $111,966.77-0.12%

Ethereum24h $3,832.62+0.37%

BNB24h $1,224.58+8.31%

XRP24h $2.40-3.21%

Solana24h $181.35-1.08%

TRON24h $0.3147-1.50%

Dogecoin24h $0.1896-2.21%

Cardano24h $0.6469-3.08%

Hyperliquid24h $37.22-6.62%

Chainlink24h $17.42-3.31%

Crypto firms ditch Pudgy Penguin PFPs 24h after promo push

Crypto companies are already removing their Pudgy Penguin profile pictures after a collab weekend that was overshadowed by Bitcoin’s price.

Pudgy Penguins PENGU token crashes at launch alongside NFTs

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.

The new Pudgy Penguins token is going to be distributed to holders of FTX’s FTT token who will receive a share of 308 million tokens.