"Fat Penguin" announces the upcoming public launch of coin $PENGU and tokenomics. FTT holders can also receive airdrops, NFT floor price big pump

Top-tier blue-chip Non-fungible Token project 'Pudgy Penguins' announced this morning that the team will officially launch the $PENGU token on Solana on-chain, and will issue coin in December 2024. In addition, within the tokenomics of $PENGU, there is even an allocation for FTT holders. In response to this news, FTT experienced a short-term big pump of over 64%. With its adorable penguin image, 'Pudgy Penguins' has taken over both the Web2 and Web3. Besides announcing the coin issuance, 'Pudgy Penguins' has released the tokenomics of PENGU, with detailed information as follows: Total supply: 88,888,888,888 tokens Pudgy community: 25.9% Other communities: 24.12% Liquidity: 12.35% Partners: 11.48% (Lock-up Position for one year, linear unlock for three years) Team: 17.8% Public sale: 4% Proliferation: 4% FTT holder: 0.35% It is worth mentioning that 0.35% of the total supply is allocated to the platform coin $FTT holders from the bankrupted exchange FTX's issuance. Due to the news of the impending token issuance, media outlet Coindesk had already reported it last night. As a result, $FTT rose from a low of $2.6845 to a high of $4.4, a whopping 64.1% increase. As of now, the FTT price is reported at $3.5228, with an increase of 29.28% in the past 24 hours. The Floor Price of 'Pudgy Penguins' rose by 18.79% in the past 24 hours. On the other hand, the Floor Price of 'Pudgy Penguins' Non-fungible Token has risen to 18.45 ETH, a 19.1% increase in the past 24 hours. However, it is important to note that the official stance on whether the token and Non-fungible Token snapshot has been taken is currently unknown.