Careful Dogecoin, Your Dominance Isn’t Forever, Pudgy Penguins’ Creator Says As PENGU Meme Coin Surges 28%
Posted On December 24, 2024
The Pudgy Penguins (CRYPTO: PENGU) meme coin is seeing a surge in interest, fueled by new exchange listings, bullish sentiment and whale accumulation.
What Happened: Onchain Lens data shows that a newly created wallet acquired 519.99 million PENGU tokens, valued at $14.72 million, via Binance.
In Mario Nawfal’s latest Crypto Daily episode posted on X on Dec 23, Luca Netz, the creator of Pudgy Penguins, shared insights into the project’s vision.
He dismissed the idea that Dogecoin (CRYPTO: DOGE) will maintain dominance forever, labeling it as a “bad assumption.”
Netz emphasized that memetic characters like Pudgy Penguins remain underdeveloped and have untapped cultural potential.
He added …