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 briefly dips under $90,000 as profit-taking drags ETH, XRP and BNB lowerBitcoin briefly slipped below $90,000 after hitting $94,000 earlier in the week, with ETH falling to $3,120 as traders cited profit-taking, $150 million in long liquidations, and macro uncertainty including U.S. jobs data and tariff-related Supreme Court risks.
Author  Mitrade
13 hours ago
Bitcoin briefly slipped below $90,000 after hitting $94,000 earlier in the week, with ETH falling to $3,120 as traders cited profit-taking, $150 million in long liquidations, and macro uncertainty including U.S. jobs data and tariff-related Supreme Court risks.
placeholder
Silver Price Forecasts: XAG/USD extends its reversal below $76.00Silver (XAG/USD) is trading lower in an otherwise calm market session on Thursday.
Author  FXStreet
14 hours ago
Silver (XAG/USD) is trading lower in an otherwise calm market session on Thursday.
placeholder
Gold selling pressure persists as traders lock in profits ahead of US NFP reportGold (XAU/USD) remains under some selling pressure for the second straight day and slides back closer to the overnight swing low during the Asian session on Thursday. The downtick lacks any fundamental catalyst and is likely to remain limited amid a supportive fundamental backdrop.
Author  FXStreet
15 hours ago
Gold (XAU/USD) remains under some selling pressure for the second straight day and slides back closer to the overnight swing low during the Asian session on Thursday. The downtick lacks any fundamental catalyst and is likely to remain limited amid a supportive fundamental backdrop.
placeholder
Bitcoin Price Slides Despite ‘Very Bullish’ MSCI Update: What Happened?MSCI's new rules limit passive investment demand for newly issued shares, impacting Bitcoin-linked companies' fundraising strategies.
Author  Mitrade
16 hours ago
MSCI's new rules limit passive investment demand for newly issued shares, impacting Bitcoin-linked companies' fundraising strategies.
placeholder
Gold Price Forecast: XAU/USD declines to near $4,450 as safe-haven demand eases Gold price (XAU/USD) declines to near $4,450 during the early Asian trading hours on Thursday. The precious metal loses momentum as traders book profits after a recent rally. Later on Thursday, the weekly US Initial Jobless Claims data will be released.
Author  FXStreet
21 hours ago
Gold price (XAU/USD) declines to near $4,450 during the early Asian trading hours on Thursday. The precious metal loses momentum as traders book profits after a recent rally. Later on Thursday, the weekly US Initial Jobless Claims data will be released.
goTop
quote