What Is Pudgy Penguins: Is Pengu a Good Investment for you Today?

Key Insights

• What is Pudgy Penguins [Pengu], and is it a good investment for you today?

• Pengu ETF speculation, strong community, and significant gains, the memecoin positions itself as a major player in the market.

Since 2021, Dogecoin has led the crypto bull run, and memecoins have become increasingly popular. There are hundreds of memecoins actively trading, and many are launched every day.

This brings us to one of the hottest coins in the market, Pudgy Penguins [PENGU]. The question is: what is Pudgy Penguins, and is it a good investment for you?

What's Pudgy Penguins?

Pudgy Penguins is a Non-Fungible Token [NFT] collection that's built on the Ethereum Blockchain. The team behind the collection combined adorable, collectable artwork with an expanding brand and community ecosystem.

Pudgy Peguins [Pengu] was launched in 2021 after the NFT frenzy became widespread during the 2020 coronavirus lockdown. It was launched with 8.8k unique NFTs, and it quickly became a cultural phenomenon in the NFT space, symbolising positive vibes and community. In 2022, leadership shifted with the founder removed and replaced by another buyer. 

The new ownership had a unique vision for the project and aimed to build a trusted web3 brand. After catching the memecoin from selling toys and other merchandise, Pudgy Penguins grew into a bigger brand with a massive community. Its success inspired many derivative communities and memes in crypto. Pengu is one such memecoin that emerged from the NTF project and holds a separate identity. 

Just like other memecoins today, Pengu was created primarily for community fun and speculative trading rather than utility. The memecoin uses penguin-themed branding to attract fans. Now, Pengu is a major player in the market and stands as a strong memecoin that rose inspired by the NFT collection.

Pengu ETF Launch Speculation

After successfully capturing the crypto community with the launch of Pengu, investors, holders, and institutions are now eyeing a bigger future. In June 2025, Canary filed for a Pengu ETF with the U.S Securities and Exchange Commission (SEC).

Source: SEC

Following the Filing, we saw Pengu is experience one of the strongest performances on its price charts, becoming one of the top-performing coins in 2025.

While the ETF is yet to be launched, the speculation over its potential has left everyone talking and optimistic about the future. When we look at Bitcoin and Ethereum, we can see that ETFs have had a massive impact in terms of capital inflow and demand. Large entities have pushed BTC into levels never thought before, and many view its success story as something other tokens, such as Pengu, can replicate.

Is Pudgy Penguins [Pengu] a good investment

While memecoins have not recorded significant gains over the past 3 months, Pengu has performed relatively well. For example, over the last 30 days, Pengu has surged 150% rising from $0.01 to $0.03, with a recent high of $0.046.

Source: CoinMarketCap

This means that investors who bought the memecoin a month ago are 150% up in returns on investment. In the short term, this makes Pengu a good investment and especially since memecoins are speculative. Over this period, Pengu has outperformed Dogecoin [DOGE], Shiba Inu [SHIB], Floki, and other established memecoins.

Therefore, when we look at the memecoins price performance, Pengu is a good investment, and with ETF talk going around, it's a good investment. We hope this article answers the question: what is Pudgy penguins [Pengu] and whether it's a good investment.

Disclaimer: This is not financial advice. Please do your research before investing