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Latest Market News & Updates Pudgy Penguins

by Crypto.com Coins AI. Last updated on 21 May 2026 at 17:24 UTC

TLDR

2026-01-12 - SEC delays decisions on two crypto ETFs, including one related to PENGU, and opens public comments on Grayscale options.


2025-09-12 - PENGU open interest hits record 7.78B coins, reflecting rising trader optimism as altcoin season strengthens.


2025-08-29 - PENGU token drops 20% in August despite Pudgy Party game's successful launch, mirroring broader NFT market decline.


2025-07-25 - Pudgy Penguins NFT trading volume rises as July NFT market cap soars 94% to $6.6B, per DappRadar report.

Pudgy Penguins (PENGU) Latest Market News & Updates

2025-08-29

PENGU Token Drops 20% Amid Pudgy Party Game Launch

On August 29, 2025, Pudgy Penguins' native token, PENGU, experienced a sharp decline of over 20% during August. This downturn coincided with the launch of Pudgy Party, a new game from the project that garnered over 50,000 downloads and ranked among the top games on app stores. Despite this gaming success, PENGU still fell nearly 4% on the launch day itself. The drop in PENGU's value mirrored a broader malaise in the NFT sector, as other flagship NFT projects such as Bored Ape Yacht Club also suffered losses, contributing to the overall NFT market cap decline from $9.3 billion to $7.4 billion. (source)


2025-09-12

PENGU Open Interest Hits Record as Bitcoin Retreats

On September 12, 2025, Bitcoin's price pulled back from over $116,000 to below $115,000, while analysts remained bullish about future highs. Notably, open interest in the PENGU token surged to a record 7.78 billion coins, reflecting growing speculation and trading activity as altcoin season gained momentum. Other smaller tokens like MYX, HASH, and PUMP posted double-digit gains this week. Additionally, futures linked to the top 10 cryptocurrencies rose 3%-5%, indicating strong trader optimism. However, the day was marred by a $1.2 million hack involving Thorchain, attributed to North Korean hackers. (source)

Pudgy Penguins (PENGU) Top Social Activity & Market Sentiment

Top mentions of Pudgy Penguins from X and Reddit

2025-08-29 @NFTUpdateDaily

Pudgy Penguins’ PENGU token dropped over 20% in August, despite the successful Pudgy Party game launch (50k+ downloads). Broader NFT market down, with other projects like BAYC also seeing declines. #NFTs #PudgyPenguins


2025-07-25 @DappRadar

NFT market cap surged 94% in July to $6.6B. CryptoPunks lead with $5M+ sales, but Pudgy Penguins also see strong trading volume. Bullish momentum for blue-chip NFTs! #NFTStats #PudgyPenguins


2025-07-25 r/NFT

Saw Pudgy Penguins trading spike this week after Ozzy Osbourne news sent CryptoBatz flying. NFT volume feels back. Anyone stacking Penguins? #NFTCommunity

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