Is Pudgy Penguins a scam?
Asked about Pudgy Penguins (PENGU), market cap rank #113.
Short answer
Pudgy Penguins (PENGU) is rated A on isthiscoinascam.com. This is a high score, indicating low scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-06-07
Red flags raised
- Public scam allegations have been raised
- A single wallet holds over 10% of supply
- Top 10 wallets hold more than 50% of supply
Positive signals
- High-profile backers like Founders Fund and 1kx.
- Active social media presence with over 700,000 Twitter followers.
Security audits
1 audit on record.
- CertiK (2026-04-20) — unknown
Team transparency
The Pudgy Penguins team is doxxed — public identities are known.
See the full report
Live price, contract security details, holder distribution, audit list, founder background and community ratings.
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