The launch of the PENGU token on the BNB Chain immediately opened up faster and cheaper trading access for users, while its availability on PancakeSwap simplified the transaction process for traders who prioritize decentralized channels.
PENGU trading on the BNB Chain has quite clear implications: transactions become more affordable, and the process is less demanding compared to the congested Ethereum channel.
Listing on PancakeSwap also opens the door for everyday traders, giving them a simpler way to join in without dealing with heavy fees or messy steps. The move across these two major channels hints at a more settled distribution approach for a project that didn’t start with a utility token of its own.
On the other hand, the Pudgy Penguins team has been quite consistent in pushing their brand across various sectors. From NFTs and lightweight Web3-based games to physical toys, their approach feels like a gradual experiment that continues to find a form that suits the wider public.
However, the decision to bring PENGU into the BNB Chain ecosystem not only increases network availability but also demonstrates that the project does not want to rely on a single infrastructure.
This move also illustrates how Pudgy Penguins isn’t simply relying on the NFT giants of the past. There’s a real push to expand its reach and create more diverse interaction channels.
The move to launch the token on BNB Chain also reflects a push to boost activity across DEX platforms, with PancakeSwap already serving as a major trading hub on the network. Users who favor light wallets and quick transactions seem to be returning as well, now that access has become far more convenient.
Despite this, the token performance remains less than satisfactory. In the past 24 hours, it has fallen 11.04%, and its market cap has fallen below the $700 million milestone.
On the other hand, on July 6, we reported that PENGU was officially listed and available for trading on the eToro platform.
Additionally, at the end of August, we also covered the global debut of Pudgy Party on iOS and Android, a title that mixes casual gameplay with subtle Web3 elements so players aren’t bogged down by tech-heavy features. The game brings in memes, rotating events, and cosmetics that can be traded, helping ease more people into the blockchain space.
Not only that, on July 16, we also reported on Pudgy Penguins’ partnership with China’s Supply to release physical toys and expand the collectibles market into the ever-growing Asian region.
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