Your bank is using your money. You’re getting the scraps.WATCH FREE

Pudgy Penguins mascot set for F1 Singapore debut after Kraken win

In this post:

  • Pudgy Penguins mascot heads to F1 Singapore after Kraken trading contest win.
  • PENGU token gains 55.1% over 30 days with new exchange listings.
  • Several NFT collections show strong performance across 24-hour and weekly metrics.

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.

See also  UK Plans AI Summit to Assert Global Leadership in Artificial Intelligence

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.

See also  What Does the Case About Tech Giant Kochava Reveals?

Your bank is using your money. You’re getting the scraps. Watch our free video on becoming your own bank

Share link:

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Editor's choice

Loading Editor's Choice articles...

- The Crypto newsletter that keeps you ahead -

Markets move fast.

We move faster.

Subscribe to Cryptopolitan Daily and get timely, sharp, and relevant crypto insights straight to your inbox.

Join now and
never miss a move.

Get in. Get the facts.
Get ahead.

Subscribe to CryptoPolitan