South Korea’s chief Cryptocurrency Exchange Upbit has listed Pengu Token of Pudgy Penguins on 9 May 2025 on its platform. Now this token is available in Korean von (KRW), Bitcoin (BTC) and USDT trading pair. This step Pudgy penguins It is considered a major expansion for the project, which can make it more effective in South Korea and Global Crypto Market.
Strategic partnership between upbit and pudgy penguins
The upbit alternate run by the Dunamu company, considering Pengu Token as valuable, has taken a decision to add it to trading in three major currency pair KRS KRWs, BTC and USDT. This initiative of upbit is not only part of bringing diversity to its services, but it is also an important step towards pudgy penguins to be done at large level.
The Compliance team of UPBIT had said in a statement to list the pengu token and has now been available for trading in KRW, BTC and USDT markets since 9 May 2025. Now it is expected that this will make the market presence of pudgy penguins even more strong. At the same time, after listing on big platforms like coinbase, its trading volume was seen to be seen up to 115%., Due to which it was expected that the upbit list could have a similar effect. But until the news is written, its price is $ 0.01393, with more than 10% decline in the last 24 hours. At the same time, its market cap and trading are also seen to decline. With which its market cap is $ 876.31m and 24 -hour trading volume is $ 423.17m. Although in the last few days Pengu coin value got big boom And there are many major reasons behind it. But After listing on upbit There is no major changes in the pengu token value.
Possible impact on South Korean and Global Market
Experts believe that Pudgy Penguins South Korean Entry in the market will not only increase its impact on the local level, but it can also attract new investors and users in global crypto ecosystem. At the same time, due to being based on Solana Community, the increasing popularity of this token can also increase the transaction activity of the network.
However, it remains to be seen that, this listing further Pengu coin value And how much effect the Solana Community has an impact on the performance. Because listing on major exchanges like upbit is a major achievement in itself, which can take this project to further height in the future.
Conclusion
The list of Pudgy Penguins on the upbit is not only a strategic business move, but it is also a new identity to NFT-based tokens. Pengu Token is likely to get adoption at a large level by entering a technically advanced market like South Korea. On the other hand, if this trend continues, then in the coming days we can see a big increase in the demand of both this token and Solana Community. This step is an incarnation sign for cryptocurrency investors and traders that NFT and blockchain projects are now becoming a part of the mainstream financial activity.
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