Cryptocurrency Market Update
Binance has announced its plans to list Pudgy Penguins’ native token PENGU alongside the Simon’s Cat meme coin on December 17. The listing of PENGU will be available at 14:00 UTC, paired with USDT, BNB, FDUSD, and TRY.
PENGU Token Listing Details
Upon listing, PENGU will have a circulating supply of over 623 million tokens, representing approximately 70.22% of its total token supply. This will be the first distribution of the PENGU token, marking a significant milestone for the Igloo Inc.-backed NFT collection.
SIMON’s Cat Meme Coin Listing
Simon’s Cat meme coin will be listed on December 17 at 09:00 UTC, available for trading with USDT, BNB, FDUSD, and TRY pairs. Following the Binance listing announcement, the CAT token experienced a significant price surge, increasing by nearly 65%.
Price Movement and Market Capitalization
The CAT token is currently trading at $0.0000641, with a market capitalization of $433 million. It ranks 27th on the meme coin leaderboard by market capitalization, with a fully diluted valuation estimated at nearly $520 million.
Airdrop Eligibility and Distribution
Users who subscribed their BNB to Simple Earn products between December 9 at 00:00 UTC and December 12 at 23:59 UTC will be eligible for airdrops of both tokens. Airdrop information will be released within 12 hours of the notice, with tokens distributed to user wallets one hour before trading begins.
Investors should conduct thorough research and consider their risk tolerance before making any investment decisions.
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