Coingecko: How much money does fat penguin holders make through airdrops?

Source: Coingecko; Translated by: Baishui, Golden Finance

How much does Pudgy Penguins holders earn through airdrops?

Pudgy Penguin holders received an airdrop of approximately $137,000 by holding a single NFT (at the token’s all-time highest price).

In 2024, Pudgy Penguins has been at the forefront of innovation, distributing multiple token airdrops in collaboration with blockchain ecosystems such as zkSync, Omni Network and Dymension. Together, these airdrops have brought considerable returns to holders, demonstrating the potential of NFT as a financial growth channel.

What is the largest airdrop received by the Pudgy Penguins?

Pengu Airdrop

In December 2024, Pudgy Penguins launched its native token, PENGU, marking an important milestone in the development of its ecosystem. PENGU was initially launched at $0.05 per token, reaching a maximum of $0.07. This means that at the highest valuation, the PENGU of each Pudgy Penguins NFT is worth US$116,365, and each Pudgy Penguin NFT is allocated 1.7 million PENGUs. PENGU airdrops account for 86.3% of the total airdrop value received by Pudgy Penguins NFT.

Airdrop range is not limited to Pudgy Penguins NFT holders, but also communities within the Pudgy Penguin ecosystem, such as Lil Pudgys and Pudgy Rods, as well as other NFT communities such as Doodles, Cool Cats, Deadfellaz and Moonbirds. Some of the tokens are also allocated to users participating in the ETH or SOL ecosystem, which are defined as “OG” to reward early users of these blockchains. This extensive allocation demonstrates a strategic effort to connect the NFT community and early cryptocurrency users to the Pudgy ecosystem.

Dymension Airdrop

During the Dymension airdrop in early 2024, the owners of Pudgy Penguins received a DYM token reward, which coincided with Dymension’s broader plan to integrate the NFT community into the Cosmos ecosystem. As part of the Cosmos ecosystem, Dymension focuses on implementing modular rollapp chains that provide flexibility for blockchain developers. At the time of distribution, these tokens are worth $4.89 per coin. Each Pudgy Penguin NFT receives 1,313 DYM, with a total value of $11,160 based on the token's historical high price of $8.50.

Omni Network Airdrop

Omni Network airdropped OMNI tokens to Pudgy Penguins holders as part of their efforts to raise awareness and adoption of cross-chain technologies. The Omni Network aims to promote interoperability among various blockchain ecosystems, aiming to create a seamless user experience. Although token prices dropped significantly in a year, the initial airdrops provided a valuable introduction to Omni’s ecosystem. When airdropped, the value of OMNI tokens is USD 27.06 per coin. OMNI’s all-time high is $53.81, and each Pudgy Penguin NFT is allocated 37 OMNI tokens, holding a Pudgy Penguin will receive a total of $1,984 in OMNI at peak.

zkSync Airdrop

As a key player in Ethereum’s Layer 2 solution, zkSync rewarded Pudgy Penguins holders with ZK tokens in June 2024. zkSync's aggregation technology emphasizes scalability and reduces transaction costs, making it a key player in Ethereum's future. ZK tokens hit an all-time high of USD 0.32 per token. At this price, each Pudgy Penguins NFT was allocated 8,721 ZK tokens, and a Pudgy Penguin holder received a $2,799 worth of ZK token during the airdrop, bringing richness to each holder. Reward.

LayerZero Airdrop

LayerZero's July 2024 airdrop is another airdrop for Pudgy Penguin holders. As a protocol for full-chain interoperability, LayerZero aligns with Pudgy Penguins’ spirit of connecting ecosystems and enhancing accessibility within the NFT community. By December 2024, the token value rose to $5.09, almost doubled the gains of Pudgy Penguin holders, who received a total of 100 ZRO tokens for each Pudgy Penguin NFT held.

Pudgy Penguins NFT Holders Received Maximum Airdrops

The following table outlines some of the largest airdrops received by Pudgy Penguins NFT holders at the highest price of each token at their all-time high.