Pudgy Penguins Expands To Solana W/ $PENGU🐧

Pudgy Penguins, the beloved Ethereum-based NFT collection, is making a big move to Solana with the launch of its PENGU token.

This expansion marks the brand’s first step into the Solana ecosystem, known for its speed and low costs.

Set to launch in 2024, PENGU will have a total supply of 88,888,888,888 tokens. The token will strengthen the Pudgy Penguins ecosystem, supporting NFT holders, community growth, and new ventures.

Here’s how PENGU will be distributed:

• 25.9% to Pudgy Penguins NFT holders and the community.

• 24.12% for new “Huddle” members and other communities.

• 17.8% for the team, with a one-year lock and three-year vesting.

• 11.48% held by the company under similar conditions.

Pudgy Penguins is already a powerhouse in Web3, boasting a $609 million market cap and partnerships with Walmart and Target. With this move to Solana, the collection is expanding beyond Ethereum to create a more accessible, multichain future.

PENGU isn’t just a token — it’s the next step in the evolution of Pudgy Penguins, connecting its digital assets, retail empire, and upcoming games.

Pump.fun Pulls The Plug On UK Users 🇬🇧

Solana’s infamous memecoin launchpad, Pump.fun, is no longer accessible to users in the United Kingdom.

The platform, which has been a breeding ground for Solana’s memecoin madness, including hits like PNUT and WIF, cited “laws and regulations” for the geoblock.

UK’s recently Financial Conduct Authority (FCA) issued a warning against Pump.fun, claiming it may be operating without proper authorization. While the platform’s pseudonymous co-founder, Alon, confirmed the restriction, they declined to comment further, stating the ban is permanent.

Pump.fun has been no stranger to controversy. From wild livestream stunts like faked suicides and animal abuse to the discovery of illegal content, the platform has repeatedly tested ethical and legal boundaries. 

Despite its chaotic reputation, it accounted for 62% of all Solana transactions in November, with over $250 million in revenues since launching earlier this year.

Critics have questioned the platform’s compliance, including its lack of basic legal safeguards like terms of service or a privacy policy. And with the team reportedly based in London, the UK government’s regulatory grip is tightening.

For UK traders, the ban has sparked memecoin parodies but left serious questions about Pump.fun’s future.

Phantom Wallet Gets A SUI-Percharge💧

Phantom Wallet just got a boost. The popular non-custodial wallet, home to over 7 million monthly users, has added Sui to its growing roster of blockchains. 

This marks a major step forward for both Phantom and the Sui ecosystem. Sui will gain access to a wallet known for its seamless user experience, multichain functionality, and support for features like staking, in-app swaps, and NFT storage.

Sui is the first Move-language network supported by Phantom. With its focus on scalability and low fees, Sui has quickly gained traction as a rising Layer-1 contender. Sui's token is up over 100% in the past month, and its DeFi ecosystem has been growing growing fast. 

Sui could easily become the next playground for a host of consumer facing Dapps, including memecoin trading. If you’re part of the Sui community, managing your assets just got simpler. Phantom offers a secure, user-friendly solution on both desktop and mobile, making it easier than ever to interact with the Sui network.

For Phantom, this isn’t just another integration. It’s a bold statement to the industry at large. Starting as a Solana-only wallet, Phantom is now a leader in the multichain space, supporting Polygon, Ethereum, Base, Bitcoin, and Sui.

Bitcoin Hits $100K: What’s Next?🍊

Bitcoin hit $100K this week, crossing a key psychological barrier.

Trump’s pro-crypto stance, strong ETF inflows, and the April halving all played a part in the surge. Analysts are now predicting Bitcoin could hit $150K to $200K by 2025, fueled by rising institutional adoption and global interest.

Bitcoin’s new milestone isn’t just about the price — it shows Bitcoin is shifting from a risky investment to a trusted hedge against inflation and a store of value. Big players like hedge funds, pension funds, and even governments are starting to take Bitcoin seriously. MicroStrategy alone has scooped up 213,000 BTC this year, and Michael Saylor plans to buy even more!

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