Pudgy Penguins, an Ethereum-based NFT project, launched its token PENGU on Solana.
The floor price of Pudgy Penguins skyrocketed above $100,000 after the token launch.
PENGU is a Solana-based token intended to power the Pudgy Penguins ecosystem.
Pudgy Penguins creators have allocated PENGU tokens to the community, other communities, the team, liquidity pools, investors, public good initiatives, and FTT holders.