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Abstract, the L2 public chain of Pudgy Penguins' parent company, announced that it will integrate Circle's Bridged USDC standard on the mainnet on the first day. The standard enhances contract composability, enhances user asset security, and addresses the fragmentation of USDC liquidity in the Abstract ecosystem.
On January 17th, Abstract Chain, a L2 public chain owned by Pudgy Penguins' parent company, announced the launch of a points incentive system, employing a multi-level reward mechanism. Users can earn XP points by using the Abstract app and Abstract Global Wallet, and the system updates the rewards for last week's on-chain activities every Monday. The platform has designed three types of achievement badges: Lightning Badge, Weekly Badge and Secret Badge, and provides regular rewards for content c...
On January 16, according to the official announcement, Binance US announced that Pudgy Penguins (PENGU) is now available Binance.US.
According to the analyst, who goes by the pseudonym Ignas, PENGU and CGPT are the only recently launched tokens that have not experienced a full-blown plunge following Binance's listing. As of press time, PENGU is trading at $0.028, down 60% from the price level of $0.07 it reached on the day of its listing on the exchange, while CGPT is down 4.7% since its listing on January 10. Meanwhile, mem...
Trader Eugene posted on the X platform that PENGU is basically a replica of APE, except that it has a functioning team that knows how to execute projects under Luca Netz and has an important catalyst coming soon, the launch of Abstract Chain in January. "I like the fact that we have run a full airdrop fractal and the early players have basically exited this stage completely so that we can now have proper price discovery in 2025," Eugene said.
The market shows that PENGU broke through $0.042 in a short period of time and is now reported at $0.04262, a 24-hour increase of 17.3%. The market fluctuates greatly. Please do a good job in risk control.
According to CoinGecko data, the market value of PENGU surpassed WIF and rose to the fifth place in the market value ranking of the Meme sector. The price of PENGU was temporarily quoted at $0.0356, 24H rose by 13.4%, and the market value exceeded $2.20 billion.
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