PENGU Token Rebounds 7.5% Following Las Vegas Ad Campaign by Pudgy Penguins
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Price Rebound: The PENGU token rebounded by 7.5% after experiencing an approximately 18% decline since December 10, following Pudgy Penguins' ad campaign at the Las Vegas Sphere, highlighting the impact of mainstream visibility on NFT and meme projects.
- Community Engagement: Despite chilling market trends, Pudgy Penguins has maintained community engagement and brand recognition since its launch in 2021, with the PENGU token serving as a utility and governance facilitator, granting holders access to digital experiences and a voice in future governance decisions.
- Advertising Investment: The campaign cost approximately $500,000 and ran for several days, aiming to demonstrate how a crypto project can penetrate everyday consumer consciousness, reflecting the brand's ability to achieve mainstream market penetration.
- Market Performance Comparison: During the campaign, PENGU traded over 6% higher within 24 hours, while major cryptocurrencies like Ethereum, BNB, XRP, and Solana showed limited gains in the 0-2% range, underscoring PENGU's pronounced market performance.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







