ASSET GUIDE · PENGU

Pudgy Penguins (PENGU)

Distinguish a fungible token from an individual collectible.

CoinMarketCap rank #89 · 1 November 2026

How it works

PENGU units are interchangeable. A Pudgy Penguins NFT is identified individually and can have a different market, ownership history and set of permissions.

Worked example

When valuing a wallet, use the PENGU balance for the token line and identify each collectible separately. A collection floor price cannot value a PENGU token.

What to verify

Confirm whether a marketplace approval covers a token allowance or a collectible collection.

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