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Home BUSINESS

Binance Confirms PENGU Spot Trading Listing: Massive Pump Incoming for Pudgy Penguins?

Michael Juanico by Michael Juanico
December 16, 2024
in BUSINESS, CRYPTO
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  • Binance is listing Pudgy Penguins ($PENGU) for spot trading on December 17, 2024
  • Eligible BNB holders engaged with Simple Earn products will receive airdrop rewards of $PENGU tokens
  • Pudgy Penguins is an NFT collection that expanded into gaming and merchandise, and $PENGU is its native token on the Solana blockchain

Binance, the globally renowned cryptocurrency exchange, has recently stirred excitement in the crypto sphere with its announcement of listing Pudgy Penguins ($PENGU) for spot trading. Commencing December 17, 2024, this move is expected to bring new trading opportunities to the platform users. Accompanying the listing, Binance is also offering airdrop rewards for the eligible BNB holders.

ICYMI: Binance $BNB will list $PENGU (@pudgypenguins) for spot trading on December 17th

What will be $PENGU all-time high on day one? pic.twitter.com/SR9qQZPCa3

— BlockNews (@blocknewsdotcom) December 16, 2024

Binance’s New Trading Opportunity: Pudgy Penguins ($PENGU)

Binance has confirmed the listing of Pudgy Penguins token ($PENGU) on its platform for spot trading. The trading, set to start on December 17, 2024, at 1400 UTC, will be paired with popular cryptocurrencies such as USDT, BNB, FDUSD, and TRY. This strategic move is seen as a part of Binance’s commitment to diversify its portfolio and provide its users with a wider range of trading opportunities.

altcoinbuzz.io

Airdrop Rewards Strategy: A Win-Win for BNB Holders

Binance’s announcement coincides with its existing HODLer Airdrops initiative. This initiative is designed to reward BNB holders who have engaged with Simple Earn products during the qualifying period between December 9, 2024, and December 12, 2024. Subscribers who have pledged their BNB holdings to Simple Earn will receive PENGU tokens as part of the airdrop distribution. These tokens will be sent to the eligible users’ Spot Wallets one hour before trading opens.

A Quick Overview of Pudgy Penguins ($PENGU)

Launched in 2021, Pudgy Penguins has gained significant attention with its collection of 8,888 unique NFT collectibles on the Ethereum blockchain. The project, known for its original designs and active community, has expanded into various sectors by 2024. It has ventured into mobile gaming and established collaborations with mainstream retailers like Walmart, launching a physical toy line. The PENGU token is Pudgy Penguins’ gateway into the crypto world, operating on the Solana blockchain.

Conclusion

With Binance’s recent announcement of spot trading for Pudgy Penguins ($PENGU) and airdrop rewards for eligible BNB holders, the crypto world is buzzing with anticipation. As the PENGU token makes its debut into the crypto space, it brings along new trading opportunities for Binance users and adds another exciting chapter to the world of cryptocurrency trading.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: $PenguBinancecryptoCryptocurrency exchangePudgy Penguins
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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