According to Milk Road, Pudgy Penguins has burned 13.69% of the $PENGU supply, valued over $150 million, as the claim period concludes. This reduction in circulating supply could potentially increase the scarcity and value of the remaining tokens, impacting trading strategies.

According to Lookonchain, a cryptocurrency whale has strategically sold 100.14 billion $PEPE tokens, valued at $2.34 million, in exchange for 581 ETH. The whale then utilized 537 ETH, approximately $2.15 million, to purchase 16 Pudgy Penguins and 40.5 ETH, or $163,000, to acquire 11 Lil Pudgys. This move aims to secure eligibility for the $PENGU airdrop, showcasing a shift from meme tokens to NFT investments.