Bitcoin Penguins, an upcoming Pudgy Penguins project, has raised nearly $5 million in the past few weeks and is now gearing up for its first decentralized exchange listing on September 2nd.
Bitcoin Penguins Hopes to be Bigger Than Pudgy Penguins
Pudgy Penguins (PENGU) has been one of the most successful stories in the crypto market this year. Data shows that its NFT sales have surged to $682 million since inception, making it one of the best-selling NFT collections in the industry.
Pudgy Penguins is now gearing towards the launch of its game, which is expected to broaden its appeal among users in the long term. All these factors have contributed to a surge in the PENGU price of over 500% this year.
Pudgy Penguins price chart
Now, however, a new rival has emerged and is seeking to become a larger player in the cryptocurrency sector. Bitcoin Penguins, which launched its token sale earlier this month, has now raised over $4.9 million.
Although the official token sale has concluded, the developers are offering users one last opportunity to purchase. The current price is $0.00198, which could be a bargain if it mirrors or surpasses the performance of Pudgy Penguins.
Why BPENGU is Thriving
Bitcoin Penguins is thriving for several reasons. First, there is the ongoing comparison with Shiba Inu (SHIB), which has become a multi-billion-dollar token by emulating Dogecoin, the original dog-themed cryptocurrency.
Animal-themed tokens have continued doing well. Some of the most popular ones are Pepe, Dogwifhat, Popcat, and Bonk.
Bitcoin Penguin also did well because it ran a unique token sale. Unlike most presale coins, the developers were purposeful in ensuring that users started seeing strong returns without delay. The token sale started earlier this month and has officially ended. This is unlike other common token sales that go on for months.
Bitcoin Penguins’ developers have also mapped a strategy to boost its value over time. In addition to the upcoming Raydium listing, they plan to have it listed by some of the biggest exchanges in the industry. Historically, tokens tend to surge after being listed by major exchanges.
Bitcoin Penguins also plans to partner with a major toy manufacturer as it seeks to make it mainstream. If this happens, it could be the first coins to do so and will likely go viral. Hurry up and buy the Bitcoin Penguins here.
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