News linked to both this project and an event.
according to monitoring by Onchain Lens, a whale address "8uAXw" withdrew 199 million PENGU from Binance, worth $2.04 million.
According to on-chain analyst Yujin’s monitoring, after 100 million PENGU tokens (valued at $1.08 million) were transferred from the Pudgy Penguins token deployment address to centralized exchanges, the PENGU price dropped 7% from $0.01147 to $0.0106. Six hours ago, the PENGU token deployment address transferred out 137 million PENGU tokens (valued at $1.5 million), of which 100 million PENGU tokens (valued at $1.08 million) were sent to multiple exchanges including OKX.
WEEX Exchange has announced the launch of its Meme Ecosystem Week. Users can trade the following meme tokens—PEPE, PENGU, BONK, DOGS, NOT, WIF, FARTCOIN, and TURBO—to share in a $60,000 reward pool. Event Period: May 6, 18:00 – May 16, 18:00 (UTC+8). During the event: - New users who make a net deposit of ≥100 USDT and execute their first spot trade in any of the eligible tokens will receive a mystery box airdrop worth up to $18. - Both new and existing users whose cumulative spot trading volume in the eligible tokens reaches ≥1,000 USDT are eligible to share in a $30,000 prize pool.