Pudgy Penguins mascot will debut at F1 Singapore

Source Cryptopolitan

Pudgy Penguins mascot will debut at F1 Singapore Grand Prix following a Kraken trading contest victory.

The PENGU token won the Kraken x Williams Racing meme coin showdown. The competition was based on trading volume. Williams Racing will feature Pudgy Penguins branding on their FW47 car traveling at 200+ mph speeds around the Singapore circuit.

Kraken partnership victory secures Williams Racing F1 collaboration

The Kraken x Williams Racing meme coin showdown determined which cryptocurrency would receive F1 branding exposure. PENGU won the contest based on trading volume leadership on the Kraken exchange platform. This victory grants Pudgy Penguins prominent placement on Williams Racing’s Formula 1 car.

Williams Racing will display Pudgy Penguins branding on their Atlassian Williams Racing FW47. This will happen during the Singapore Grand Prix. The partnership puts the mascot design on a vehicle traveling at speeds exceeding 200 mph.

Kraken congratulated Pudgy Penguins for leading trades on their platform throughout the contest period. The exchange partnership creates ongoing exposure for PENGU among crypto traders. Contest metrics included trading volume and user engagement across participating meme coins.

PENGU token performance shows strong monthly gains

PENGU posted impressive gains across multiple timeframes with 30-day returns reaching 55.1%. The token faced an 11.8% decline over 24 hours but recovered with 1.4% gains during the 7-day period. Monthly performance has dethroned shorter timeframes as per CoinGecko data.

Recent exchange listings have expanded PENGU’s trading accessibility across global markets. Ripio exchange, one of Latin America’s largest platforms, added PENGU to its trading pairs. The listing provides exposure to the growing LATAM cryptocurrency market.

Arkham exchange went live with PENGU trading on August 9th offering both spot and perpetual contracts. The platform addition gives traders more options for PENGU exposure. Multiple exchange listings create better liquidity pools for the token.

NFT collections maintain top rankings across trading metrics

Pudgy Penguins holds fourth position in 24-hour NFT rankings with $1.01 million in sales volume. The Ethereum-based collection recorded 16 transactions involving 12 buyers and 12 sellers during the period. Sales increased 44.12% while transactions jumped 45.45% compared to previous timeframes.

Pudgy Penguins mascot set for F1 Singapore debut after Kraken win.
NFT data from CryptoSlam.

Weekly performance shows Pudgy Penguins ranking fifth with $5.72 million in total sales volume. The collection completed 100 transactions across 57 buyers and 67 sellers during the seven-day window. Weekly sales gained 24.29% while transactions rose 9.89% from earlier periods.

CryptoPunks leads both daily and weekly rankings with $21.18 million in seven-day sales volume. Courtyard maintains second position across timeframes with consistent trading activity on Polygon. SpinNFTBox ranks third in weekly volume with $6.12 million in BNB chain sales.

Buyer and seller activity remains balanced for Pudgy Penguins across both measured periods. The collection shows steady interest with buyers slightly outnumbering sellers in weekly data.

KEY Difference Wire: the secret tool crypto projects use to get guaranteed media coverage

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Risks Drop Below $110,000 Despite Bounce – Is A 15% Pullback Coming?Bitcoin (BTC) is attempting to reclaim a crucial level as support after bouncing from the recent drop below $115,000.
Author  NewsBTC
7 hours ago
Bitcoin (BTC) is attempting to reclaim a crucial level as support after bouncing from the recent drop below $115,000.
placeholder
Meme Coins Price Forecast: DOGE, SHIB, PEPE flash sell signals, hint at further lossesMeme coins, such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), are experiencing a decline as selling pressure builds in the broader cryptocurrency market.
Author  FXStreet
8 hours ago
Meme coins, such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), are experiencing a decline as selling pressure builds in the broader cryptocurrency market.
placeholder
[Crypto IPO] Figure Technology Follows Circle and Bullish with Nasdaq Listing PlansU.S.-based blockchain lending firm Figure Technology Solutions Inc. publicly announced it has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC).
Author  TradingKey
8 hours ago
U.S.-based blockchain lending firm Figure Technology Solutions Inc. publicly announced it has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC).
placeholder
Short Sellers Target the “Most Expensive Stock” in the S&P — Is Palantir Worth Less Than $40?AI trading enthusiasm remains strong, with AI analytics software company Palantir’s stock surging 130% year-to-date.
Author  TradingKey
8 hours ago
AI trading enthusiasm remains strong, with AI analytics software company Palantir’s stock surging 130% year-to-date.
placeholder
AUD/JPY dips below 96.00, geopolitical optimism limits downsideAUD/JPY offers its recent gains from the previous session, trading around 95.80 during the European hours on Tuesday.
Author  FXStreet
8 hours ago
AUD/JPY offers its recent gains from the previous session, trading around 95.80 during the European hours on Tuesday.
goTop
quote