PENGU Token Retreat May Reflect NFT Market Slump Despite Pudgy Penguins’ Game Downloads
The post PENGU Token Retreat May Reflect NFT Market Slump Despite Pudgy Penguins’ Game Downloads appeared on BitcoinEthereumNews.com.
PENGU, the native token of Pudgy Penguins, fell roughly 4% on Friday and has dropped over 20% in the past 30 days as NFT markets retraced alongside Ether. The decline follows strong user engagement from the Pudgy Party mobile launch despite broader NFT sell-offs. PENGU down >20% in 30 days Mobile game Pudgy Party exceeded 50,000 Google Play downloads and reached Apple top-10 downloads. NFT market cap slipped from $9.3B to $7.4B in August, tracking ETH price movement. PENGU token decline reflects NFT market pullback; learn why prices fell and what to watch next — read the analysis and expert context. The official crypto token of Pudgy Penguins had a tough month, consistent with a broader decline in NFT markets and digital collectibles. Pudgy Penguins’ native token slipped on Friday despite the project’s new title ranking among Apple’s top downloads. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); The PENGU (PENGU) token fell by nearly 4% on Friday, following the launch of Pudgy Party, a battle royale game released on Android and iOS, regardless the game recording over 50,000 downloads on the Google Play store and landing in the top 10 most downloaded games on Apple’s App Store. Pudgy Penguins is a popular non-fungible token (NFT) project in the crypto space. The project supplements its on-chain digital presence with trading cards, plushy penguin-themed toys, video games and other physical…
Filed under: News - @ August 30, 2025 2:26 am