According to Binance's official announcement, when the project Pudgy Penguins (PENGU) was launched on the Binance spot market, due to the delay in updating the token information by its data provider CoinMarketCap (CMC), the project's market value and fully diluted valuation (FDV) data were not updated in time.
Binance synchronized with the CMC team as soon as it discovered it, and the CMC platform subsequently updated the relevant data. Due to the inconvenience caused to community users, Binance decided to airdrop a total of 135,000,000 PENGU tokens to users who bought PENGU between 22:00 on December 17, 2024 (Eastern Time Zone 8) and 22:37 on December 17, 2024 (Eastern Time Zone 8), and the airdrop will be distributed within 72 hours.
The airdrop rules are as follows:
Transaction snapshot time range: 22:00 (Eastern Time Zone 8) on December 17, 2024 to 22:37 (Eastern Time Zone 8) on December 17, 2024
Airdrop user range: users who bought PENGU in the Binance spot market (excluding project market makers and VIP 4 - VIP 9 users)
Rules: Binance will count the number of PENGUs purchased by users who meet the airdrop conditions in the Binance spot market during the transaction snapshot period, and airdrop a total of 135,000,000 PENGUs in proportion.
Yesterday's news, the market value of PENGU's profile page on the Binance platform was abnormal, showing a market value of only about US$312 million, and a fully diluted market value of about US$440 million. According to CoinGecko data, the current market value of PENGU exceeds US$3.3 billion.