Pudgy Penguins

PENGU is the Solana token of the Pudgy Penguins toy and cartoon brand. 62.86B coins count as circulating, and no new PENGU can ever be minted.

Sell pressure. Team and company coins leave their holding wallets on the 17th of each month: 1.56B PENGU in 90 days. About 20.93B more still waits in those wallets.

Buy pressure. Nothing takes PENGU back: no buyback, no fee burn, no lock.

Net. Net, supply grows about 2.48% in 90 days, and about the same next.

Inflation

Last 90 Days

+2.48%

checked · Oct 8 2026

Net flow: 2.48% of supply goes to market over 90 days

Next 90 Days

+2.48%

estimate

Net flow: 2.48% of supply goes to market next 90 days

Supply growing · projected to keep growing

monitor gap · The monitor reads +0.08% and we read +2.48%. The circulating figure it reads has sat near 62.86B PENGU every day since launch on Dec 17 2024: it is launch supply minus the 26.03B team and company share, never lowered for the 12.17B burned in early 2025 and never raised for the monthly releases since the Dec 17 2025 cliff. On-chain, the team and company wallets released 1.56B PENGU between Jul 10 and Oct 8 2026. Our number stays.

Upcoming · Next 90 Days

Monthly team + company release+520M PENGU
Oct 17 2026 · added to market
Monthly team + company release+520M PENGU
Nov 17 2026 · added to market
Monthly team + company release+520M PENGU
Dec 17 2026 · added to market

Sell pressure

1. Protocol inflation

No new PENGU can ever be made. The key that could mint more was switched off for good, and the token has no staking rewards or emissions. Supply can only shrink, when holders burn coins.

permanent · no change

2. Vesting unlocks

~1.56B PENGU

Team and company coins (29.28% of launch supply, 26.03B PENGU) sit in holding wallets after a one-year lock that ended Dec 17 2025. They now come out on the 17th of each month. Read wallet by wallet on-chain, 1.56B PENGU left those wallets in these 90 days (Jul 17, Aug 17 and Sep 17 2026) — less than the 2.17B the 36-month calendar allows, so about 2.13B is running behind schedule. Three more release days fall in the next 90 days.

checked · Oct 8 2026

3. Foundation + unscheduled unlocks

Tracked team holdings: 20.93B PENGU still in the team and company wallets (7.37B in the main one, the rest in about 70 personal grant wallets, a few of 0.92B to 1.17B that have not started selling), counted in the vesting row as they leave. The launch wallet holds 5.01B and pays out about 3.7M a month, but those coins already count as circulating, so they add nothing new. No buyback wallet exists.

checked · Oct 8 2026

4. Long-term locked or bankruptcy

No estate, trustee or court payout holds PENGU. A small slice of launch supply went to old FTX token holders, and it was paid at launch in Dec 2024.

checked · Oct 8 2026

Buy pressure

1. Programmatic buyback

No contract, company or treasury buys PENGU back. The founder has talked about using business income to buy PENGU, but no program with a size, a date or a wallet has been confirmed, and no such buying shows on-chain. We check again at every rebuild.

checked · Oct 8 2026

2. Protocol fee burn

PENGU has no fees to burn. The one big burn — about 12.17B unclaimed airdrop coins — happened in early 2025, long before this window. Since then only holders burn by choice, a few thousand PENGU a week, too small to show.

checked · Oct 8 2026

3. Foundation buy

Igloo, the company behind Pudgy Penguins, said on Oct 6 2026 it will close its Abstract network and focus on Pudgy Penguins and PENGU. No purchase of PENGU by the company shows on-chain or in any announcement this window.

checked · Oct 8 2026

4. New long-term lock

PENGU has no staking or lock-up program, so nothing takes coins out of the market for a long time.

checked · Oct 8 2026

Supply check · sell, buy & net

Last 90D

Next 90D

Sell total (M PENGU)

1559.807

Buy total (M PENGU)

0.000

Sell % of circ

+2.481%

Buy % of circ

0.000%

Net inflation %

+2.481%

Circulating supply: 62860.396M PENGU

Read the full Inflation Analysis

PENGU: no new coins can be minted, but team coins reach the market every month.

Long-form mechanism walk. ~5 min.

Metric 2 of 3

PENGU · Coin Demand

Two sides: how much people want PENGU right now, and how much buying could come later.

2 / 5Weak

Current demand1.5 / 2.5

This part is based on social media. It shows how hot PENGU is right now. A better rank means more people are talking about it.

PENGU on social mediaIts rank among the 110 coins we follow · last 12 months · #1 = most talked about

#50 · Oct 7 2026

Today, people are talking about PENGU for one reason:

1
The company behind Pudgy Penguins is closing its own blockchain, Abstract.
On Oct 6 2026 Abstract said its network will shut down on Dec 15 2026, and about $76M was still sitting on it a day later. Igloo, the parent company, says it will now put its full focus on Pudgy Penguins and PENGU, and it chose not to sell a new token to keep the chain alive. People ask whether more attention for PENGU can make up for losing the chain that was built around it.

Checked Oct 11 2026

Metric 3 of 3

PENGU · Price DriversBeta

The few things that can move PENGU's price that supply and demand miss.

1 · Igloo's decisions

New

More focus on PENGU → price upProjects keep closing → price down

Mar 20 2025Canary files PENGU ETF
Jun 2026Pudgy Party shut down
Aug 23 2026CEO 'soon' post: IPO?
Oct 6 2026Abstract chain to close
Today
Dec 15 2026Abstract shuts down
By 2027IPO goal (CEO)

Igloo is closing Abstract on Dec 15 to focus on PENGU.

Data

Date	What happened / what is coming
Mar 20 2025	Canary files PENGU ETF
Jun 2026	Pudgy Party shut down
Aug 23 2026	CEO 'soon' post: IPO?
Oct 6 2026	Abstract chain to close
Dec 15 2026	Abstract shuts down (coming)
By 2027	IPO goal (CEO) (coming)

Checked Oct 10 2026

2 · Toy business

New

More toys sold → price upnowRetail sales fade → price down

Sep 2023Walmart: 2,000 stores
Feb 20 2024Walmart: 3,100 stores
Feb 21 2024$10M toys sold
Oct 2025$13M+ sold, 1M+ units
Jun 20 2026Cards in Target stores
Jul 2026Plush in all Targets
Sep 15 2026Robot toy licence deal
Today

Toys reached Walmart and Target; sales passed $13M by Oct 2025.

Data

Date	What happened / what is coming
Sep 2023	Walmart: 2,000 stores
Feb 20 2024	Walmart: 3,100 stores
Feb 21 2024	$10M toys sold
Oct 2025	$13M+ sold, 1M+ units
Jun 20 2026	Cards in Target stores
Jul 2026	Plush in all Targets
Sep 15 2026	Robot toy licence deal

Checked Oct 10 2026

Should you buy PENGU? Questions about PENGU

Should I enter Pudgy Penguins right now?

Supply and demand point to a negative long-run signal for Pudgy Penguins (Oct 12 2026, score 3.5/10). Pudgy Penguins adds +2.48% new supply in 90 days, and demand reads weak (2/5). Pudgy Penguins's price drivers: 1 ▲ price up, 0 ▼ price down.

What does Abstract closing mean for Pudgy Penguins?

Igloo is closing its Abstract chain on Dec 15 2026 to put its focus on PENGU, which could help the token, though it is early to tell. The toy business already helps: toys reached Walmart and Target, with sales past $13M by Oct 2025. Supply and demand still read negative for Pudgy Penguins in the long run.

What keeps pulling Pudgy Penguins down?

Supply, mostly. About +2.48% new PENGU arrives in 90 days and +9.93% over the next year. Demand reads weak (2/5), so buyers are probably not soaking up the new coins yet. Supply and demand still read negative for Pudgy Penguins in the long run.

Could Pudgy Penguins ever hit $10?

Pudgy Penguins trades near 0.859 cents (Oct 12 2026). $10 a coin means a $629B market cap, 1,164 times today's $540M. Pudgy Penguins's supply also grows +9.93% in the next year, so every extra coin needs buyers too. For Pudgy Penguins, the supply-and-demand signal is negative right now.

Is it time to take profit on Pudgy Penguins?

We would read Pudgy Penguins differently if new supply keeps arriving (+2.48% in 90 days), or demand falls from weak. Until then Pudgy Penguins's signal stays negative. Mark this date for Pudgy Penguins: Dec 15 2026 — Abstract shuts down.

Is Pudgy Penguins a good investment right now?

Pudgy Penguins scores 3.5/10 on our framework (Oct 12 2026): supply 1.5/5 (meme coin), demand 2/5. Over the next year Pudgy Penguins's supply changes +9.93%. The long-run signal is negative.

How do I know when to buy Pudgy Penguins?

Supply and demand favor Pudgy Penguins most when little new supply is coming, demand is strong and the price drivers point up. Right now Pudgy Penguins has +2.48% new supply in 90 days (meme coin), demand weak (2/5), drivers 1 ▲ / 0 ▼.

Will Pudgy Penguins go up in 2026?

Pudgy Penguins's price drivers today: 1 pointing up, 0 pointing down, out of 2. • Igloo's decisions: Igloo is closing Abstract on Dec 15 to focus on PENGU. ▲ Toy business: Toys reached Walmart and Target; sales passed $13M by Oct 2025.

Should I buy Pudgy Penguins or Bitcoin?

Pudgy Penguins: negative signal, 3.5/10 · Bitcoin: positive signal, 8.5/10 (Oct 12 2026). By supply and demand, Pudgy Penguins reads weaker than Bitcoin today.

Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →

How does MrNasdog judge every coin, and why is +2.48% shown in red?

We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. PENGU supply grows +2.48% in the next 90 days, so it shows in red: more PENGU reaches the market than is removed. Zero or falling supply is always green, any growth is red.

What do Watch PENGU alerts cover?

One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.

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Pudgy Penguins

Supply ↘

Demand ↘

Price Drivers ↘

Coming next

Current demand1.5 / 2.5

1 · Igloo's decisions

2 · Toy business

Should you buy PENGU? Questions about PENGU

My research. My portfolio. Free.