Pudgy Penguins | Crypto

Pudgy Penguins shut down rumors of an OpenSea buyout, calling the speculation unnecessary and pointing instead to growing brand partnerships. Pudgy Penguins has denied speculation that it acquired NFT marketplace OpenSea, following a wave of social media chatter suggesting a deal may have closed as early as December 2024. In a Saturday post on X, Beau, head of security at Pudgy Penguins, dismissed the acquisition talk. “Pudgy Penguins didn’t buy OpenSea… chill,” he wrote. He claimed that the project has big plans, so there’s no need to focus on just one possible acquisition. “Talk about partnering with Lufthansa and NASCAR, and go find the next great brand for us to proliferate with,” Beau wrote. Read more

Pudgy Penguins ($PENGU) has jumped 22% to $0.03761 in 24 hours while trading volume has grown 230%, extending a 35.8% weekly rally. Whale wallets have added 200 million tokens, and talk of a “PENGU ETF” plus NASCAR, Lufthansa, and APAC toy deals have bolstered confidence. The post Pudgy Penguins ($PENGU) Rockets 22% as Whales Scoop 200M Tokens – ETF Hype Builds appeared first on Cryptonews.

Pudgy Penguins ($PENGU) has rallied 127.4% over the past week, jumping from $0.0270 to $0.0344 amid ETF filing talk, Coinbase and Binance US avatar swaps, and whale accumulation. Volume has risen sharply while the chart retains a bullish structure above $0.030, pointing to sustained demand.   The post Pudgy Penguins ($PENGU) Soars 127% in a Week as Meme Coin Mania Returns appeared first on Cryptonews.

Telegram mini-games reached a zenith in 2024, but the TON blockchain still averages over 2.1 million active wallets. Pudgy Penguins is launching a skill-based Web3 game called Pengu Clash for The Open Network (TON) blockchain, joining the competitive mini-game space. According to Pudgy Penguins, the game will operate under a play-to-win model, allowing players to compete and be rewarded for game mastery rather than speculation. “Play-to-win, in essence, is a skill-based game,” Pudgy Penguins CEO Luca Netz told Cointelegraph. “Users wager against one another vs play-to-earn, [in which] you’re earning tradable currency that the game provides. This is a user-vs-user-based system.” The game will feature modes with different rules and objectives, supported by Elympics infrastructure to enable skill-based challenges and a multiplayer experience. Read more

Has Off The Grid fired the starting GUN for the gaming supercycle? Pudgy Penguins meet Monopoly on Ice in LOL Land, and more: Web3 Gamer. After five months of anticipation, the most exciting Web3 game of 2024 finally rolled out its cryptocurrency token this week. Third-person battle royale shooting game Off The Grids native token, GUNZ (GUN), launched on crypto exchange Binance on March 31, alongside the launch of the Avalanche-based GUNZ mainnet. Within hours of the launch, the token tapped a market cap of $69 million before retracing back near $44.39 million, according to CoinMarketCap data. Avalanche said it was a “major milestone for Web3 gaming and purpose-built Avalanche L1s.” Read more