Crypto.com Logo

Latest Market News & Updates Pudgy Penguins

by Crypto.com Coins AI. Last updated on 18 May 2026 at 17:24 UTC

TLDR

2026-01-12 - The SEC delayed decisions on PENGU and T. Rowe crypto ETFs, while opening public comments for Grayscale's options proposal.


2025-09-12 - PENGU open interest hit a record 7.78B coins as altcoin season picks up, despite Bitcoin's price pullback below $115,000.


2025-08-29 - PENGU fell over 20% in August amid the Pudgy Party game launch, reflecting wider losses across NFT markets and top projects.


2025-07-25 - NFT market cap surged 94% to $6.6B in July, with Pudgy Penguins seeing increased trading volume and renewed investor interest.

Pudgy Penguins (PENGU) Latest Market News & Updates

2025-08-29

PENGU Token Drops 20% Amid Pudgy Party Game Launch

On August 29, the Pudgy Penguins’ native token, PENGU, experienced a sharp decline of over 20% for the month, coinciding with a broader downturn in the NFT market. This drop came despite the launch of Pudgy Party, a mobile game that saw over 50,000 downloads and ranked among the top games on app stores. On the launch day itself, PENGU fell nearly 4%. Other prominent NFT projects, such as Bored Ape Yacht Club, also registered losses, contributing to a decrease in the overall NFT market cap from $9.3 billion to $7.4 billion. (source)


2025-09-12

PENGU Open Interest Hits Record High Amid Altcoin Momentum

On September 12, as Bitcoin’s price pulled back from over $116,000 to below $115,000, PENGU’s open interest surged to a record 7.78 billion coins. Altcoin season appeared to gain momentum, with smaller tokens such as MYX, HASH, and PUMP seeing double-digit gains. Futures tied to the top 10 cryptocurrencies increased by 3%-5%, reflecting bullish sentiment among traders. However, the day was also marked 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

AI-generated content; informational purposes only. Not investment advice or recommendations. Review at your own discretion. Crypto.com did not generate this content and does not make any representations about its accuracy or usefulness.