Original | Odaily Planet Daily (@OdailyChina)
Author | Nanzi (@Assassin_Malvo)
Heavenly Airdrop, Universal Airdrop
Last night at 9 pm, the Pudgy Penguins token PENGU airdrop officially began, with a very wide range of recipients. Each Pudgy Penguins can receive about 1.8 million PENGU, with an initial value of about $90,000, and the recent highest selling price of the NFT was about 35 ETH ($140,000), which has now fallen back to 16 ETH ($64,000), making it difficult for even the highest point buyers to be trapped, and it is a "super big fur" for long-term holders.
In addition to its own NFTs, a large proportion of users marked as "OG ETH USERS" and "OG SOL USERS" on Ethereum and Solana also received airdrops, long-term users of the OKX wallet, BONK holders, and Stakeland users in various ecosystems all received airdrops, but the official did not explain the specific rules, and other airdrop information was released separately by the participants of each ecosystem.
In addition to the airdrop range, the opening price of the token was also very generous, with a peak trading price of 0.068 USDT, corresponding to an FDV of about $600 million. In the first hour after the airdrop was launched, the price also remained at around 0.05 USDT, allowing the initial recipients of the tokens to profit handsomely.
As of the time of writing, the price is temporarily reported at 0.028 USDT, corresponding to an FDV of about $250 million.
Airdrop Query and Claim
For queries, the official link is (https://claim.pudgypenguins.com/), but this solution involves multiple wallets, which is very inconvenient. Currently, there are multiple community-developed multi-wallet query tools, and here we recommend the batch tool developed by mct (https://mct.xyz/whitelist/83).
The PENGU claim period is 88 days, until March 15, 2025. Unclaimed tokens will be directly burned, and the token price is expected to be difficult to maintain at a high level, so readers are advised to claim them as soon as possible.
External Airdrops
This section summarizes the projects that have confirmed PENGU airdrops, and readers can check their wallets accordingly:
OKX wallet long-term users: Users who meet the following two conditions will receive the airdrop on December 21. Conditions are: ① holding more than 10 USDT equivalent SOL in the OKX Web3 wallet (snapshot taken on the 17th), and ② trading volume on the Solana chain in OKX DEX or OKX NFT market exceeding 100 USDT in the past 6 months.
BONK holders and users who have locked BONK (minimum 1 billion BONK) on BONKrewards, directly distributed by Pudgy Penguins.
Users who have staked more than 690 MEME tokens on Stakeland, directly distributed by Pudgy Penguins.
Project Party Suspected of Large-Scale Dumping, Who's Taking the Plunge?
According to on-chain analyst @ai_9684xtpa, the PENGU-related wallet made two large-scale dumps last night, selling a total of 176 million PENGU (about $9.28 million), accounting for 20% of its holdings.
This operation was carried out around 10:30 pm last night, at the peak of the token price of 0.05 USDT. As of the time of writing, there have been no new actions, but if there is another dump, the token price is expected to be under pressure, and users interested in purchasing need to pay close attention.
NFT Second Spring or Short-Term Effect of Token Issuance Expectations?
With Pudgy Penguins as the precedent, combined with the bull market background, it is currently considered the best time for various "blue-chip NFTs" to issue tokens, including Azuki, Doodles, Moonbirds, Cool Cats, etc., which have all achieved over 50% gains in the past 7 days.
The author reviewed the official Twitter content of the above four blue-chip NFTs since Pudgy Penguins announced the token airdrop on December 6, and did not find any related content or signs of token issuance. The important content of these NFTs in the past twelve days is summarized as follows:
Azuki: Participated in an art auction;
Doodles: Released the third issue of the comic, and airdropped copies of the comic "A Crumby Situation" to Space Doodles holders;
Moonbirds: Landed on the metaverse project Other Page under Yuga Labs;
Cool Cats: Released the animation "The Milk Chug" Episode 8; received an airdrop from the metaverse project FLUF World;
