Binance to List PENGU and CAT Tokens on December 17

Binance, one of the world's leading cryptocurrency exchanges, has announced the upcoming listing of PENGU, the native token for the popular Pudgy Penguins NFT collection, and CAT, the meme coin inspired by Simon's Cat. Both tokens will debut on the platform on December 17, with trading available across multiple pairs.

Key Listing Details

• PENGU Token Launch
• Trading starts at 14:00 UTC on December 17.
• Trading pairs include USDT, BNB, FDUSD, and TRY.
• Circulating supply: 623 million tokens, representing approximately 70.22% of the total supply of 88 billion PENGU tokens.

This marks the first exchange listing for PENGU, making it a significant milestone for the Pudgy Penguins NFT collection, which is backed by Igloo Inc.

• Simon’s Cat Meme Coin
• Trading begins earlier, at 09:00 UTC on December 17.
• Available pairs include USDT, BNB, FDUSD, and TRY.
• Current market cap: $433 million, with a fully diluted valuation nearing $520 million.

CAT Price Surge Following Announcement

Shortly after Binance’s announcement, CAT experienced a dramatic price surge, climbing 64.42% to trade at $0.0000641, as per data from crypto.news. The token has now secured the 27th spot among meme coins by market capitalization, solidifying its position as a popular animal-themed digital asset.

PENGU Token Airdrop Program

Binance has also rolled out an airdrop campaign for both PENGU and CAT tokens. Users who subscribed their BNB to Binance’s Simple Earn products between December 9 (00:00 UTC) and December 12 (23:59 UTC) will qualify for the airdrop.

• Airdrop Timeline:
• Eligibility details will be shared within 12 hours of the announcement.
• Tokens will be distributed to users’ wallets one hour before trading begins.

PENGU: A Long-Awaited Debut

The Pudgy Penguins NFT collection announced the development of its native token, PENGU, earlier this month on December 6. The team, however, withheld the launch details until now. As the token goes live on Binance, it is expected to significantly boost Pudgy Penguins’ ecosystem and attract greater interest in the NFT collection.

The Rise of Meme Coins and NFT Tokens

The listing of PENGU and CAT on Binance highlights the growing demand for meme coins and NFT-native tokens in the crypto market. With the increasing popularity of Pudgy Penguins and Simon’s Cat, these tokens are poised to capture the attention of both retail and institutional investors, further reinforcing the trend of animal-themed digital assets leading price surges in the market.

Binance’s dual listing on December 17 is anticipated to create significant trading volumes, making this event a key moment for both projects and their communities.