Gate News Bot news, on November 17, according to CoinMarketCap, as of the time of writing, PENGU (Pudgy Penguins) is currently priced at 0.01 USD, down 2.08% in the last 24 hours, with a high of 0.02 USD and a low of 0.01 USD. The current market capitalization is approximately 808 million USD, a decrease of about 17.18 million USD compared to yesterday. PENGU is currently ranked 77th in the crypto assets market capitalization leaderboard.
PENGU recent important news:
1️⃣ The Edgen platform collaborates with Pudgy Penguins to launch a benefits event
The AI market intelligence platform Edgen has partnered with Pudgy Penguins to launch a limited-time benefit event. During the event, Pudgy NFT holders can get a free Edgen Expert subscription service, Big Pudgy NFT holders will receive 3 months of service, and Lil Pudgy NFT holders will receive 1 month of service. This collaboration is expected to enhance the value of the Pudgy Penguins ecosystem and attract more users' attention and participation.
2️⃣ PENGU token market performance fluctuations
Recently, the price of PENGU tokens has experienced significant fluctuations. On November 14, PENGU saw a 9.70% fall within 24 hours, with its market capitalization decreasing by approximately $89.7308 million compared to the previous day. This price volatility reflects the market's sensitive attitude towards PENGU, which may be related to the latest developments of the project and the overall environment of the crypto assets market.
3️⃣ Pudgy Penguins ecosystem continues to expand
The Pudgy Penguins project is actively expanding its ecosystem. Through collaborations with platforms like Edgen, Pudgy Penguins has demonstrated its strategic direction in seeking development beyond the NFT space. This cross-industry cooperation may bring new application scenarios and value support for the PENGU token.
From a technical perspective, the price of PENGU has shown a downward trend over the past few days. The current price is around $0.01, and investors need to closely monitor whether support will form here and a rebound will occur, or if it will continue to decline. At the same time, positive developments in the fundamentals may provide potential support for future price movements.
This message is not intended as investment advice; investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
ETH 15-minute decline of 0.88%: Capital outflow dominates market, intensifying short-term selling pressure
On March 22, 2026, from 21:00 to 21:15 (UTC), Ethereum (ETH) recorded a -0.88% return rate within 15 minutes, with the price fluctuating in the range of 2029.54 to 2060.75 USDT, reaching an amplitude of 1.52%. Market attention has increased, short-term volatility has significantly intensified, reflecting rapid conversion of funding pressure into price pressure.
The main driver of this anomaly is accelerated capital outflows from trading platforms: approximately 420,690 USD equivalent of ETH flowed in within 10 minutes, but the number of withdrawals reached 2,319 transactions in the past 1 hour, far exceeding deposits during the same period by 5
GateNews42m ago
BTC Drops 0.58% in 15 Minutes: Tight Liquidity and Institutional Hedging Create Downward Pressure
2026-03-22 21:00 to 21:15 (UTC), BTC recorded a -0.58% return within just 15 minutes, with prices fluctuating in the range of 67562.1 to 68223.5 USDT, with an amplitude of 0.97%. During this period, market sentiment was highly tense, overall attention increased, and short-term volatility accelerated noticeably.
The main driving force behind this anomaly was the resonance formed by spot market liquidity shortage and medium-sized funds accelerating their exit. On-chain data shows a significant net outflow of -371.99 BTC in the $100k-$1M transaction range, driving selling
GateNews42m ago
Risk-Off Drips throughout Markets
Geopolitical tensions and rising uncertainty have led to a risk-off sentiment in global markets, with investors moving away from assets like Bitcoin and Ethereum. High oil prices and inflation concerns influenced portfolio adjustments, while Bitcoin selling pressure increased as short-term holders took profits. The market remains sensitive amid low sentiment.
CryptoBreaking50m ago
Bitcoin Has Stabilized, But Investors Are Paying Up for Downside Protection: VanEck
Bitcoin's volatility has decreased to around $70,000, but traders are still heavily investing in downside protection. Although premiums for puts have dropped, they remain high historically, suggesting caution among investors. This defensiveness may signal an impending price bottom, as similar market conditions in the past have led to recoveries.
Decrypt57m ago
Why Gold Price Is Falling Even With Global Tension Escalating?
The essay discusses the unexpected decline in gold prices due to a strong dollar driven by rising oil prices and inflation. As the Federal Reserve refrains from rate cuts, gold becomes less attractive compared to interest-bearing investments. This situation prompts investors to consider Bitcoin as a potential new digital gold, indicating a shift in traditional asset preferences amidst evolving market conditions.
CaptainAltcoin2h ago
