V3 Research
Comparison of Two Penguin Memes
Pudgy Penguins is a blue-chip NFT/IP brand with a large, diversified ecosystem (8,888 Ethereum NFTs, a multi-chain PENGU token, and mass-market toys), while "恶俗企鹅" at 0xe1e9…d4444 is a small-cap BNB-chain meme coin with limited documented scope and far smaller liquidity. In practice, they differ by asset type, scale, real-world reach, and transparency by several orders of magnitude.

What Each Project Is

"恶俗企鹅" (Vulgar Penguin) at address 0xe1e93e92c0c2aff2dc4d7d4a8b250d973cad4444 is tracked on BNB Chain trading tools and crypto listings as a meme coin; snapshots show low-to-mid seven-figure market caps and relatively modest 24-hour volumes, aligning with micro-cap meme-token profiles rather than full ecosystems. Meanwhile, Pudgy Penguins is a collection of 8,888 Ethereum NFTs launched in July 2021 that evolved into a mainstream character IP with toys, licensing, and the PENGU token added later, positioning it as a consumer brand rather than a single asset 53184.
  • 恶俗企鹅 (BNB Chain meme token) 5318
  • Pudgy Penguins (8,888 Ethereum NFTs; IP brand) 4

Origins and Timelines

Pudgy Penguins minted on July 22, 2021, at 0.03 ETH and sold out in 20 minutes; after early turmoil, entrepreneur Luca Netz acquired the collection in April 2022 and re-oriented it toward building a global collectibles/IP brand. By contrast, available coverage for 恶俗企鹅 centers on its token trading and a centralized-exchange listing mention, without a documented founding narrative, roadmap, or team history beyond the meme-coin context 46.
  • 2021-07-22 mint; 2022-04 acquisition by Luca Netz 4
  • 恶俗企鹅: exchange listing notice, trading tracking; limited disclosed history 65

Asset Design and Tokenomics

Pudgy’s ecosystem now includes the PENGU token, announced for a multi-chain rollout with a total supply of 88,888,888,888, initially on Solana and extending to Ethereum and the project’s L2 (Abstract), with community-centric distribution (e.g., Pudgy community ~25.9%, other communities ~24.12%) and an 88-day claim window communicated by the team. 恶俗企鹅 is documented as a fungible meme token; one venue shows a 1.00B circulating supply figure on BNB, though comprehensive tokenomics (allocations/vesting/utility) are not publicly detailed in the sources provided 2095.
  • PENGU total supply: 88,888,888,888; multi-chain plan; community allocations 209
  • 恶俗企鹅: BNB-token supply snapshot 1.00B on one tracker 5

Market Size and Liquidity

On CoinGecko’s “Chinese Meme” board, Vulgar Penguin (三维威廉泰尔企鹅) has appeared with snapshots like price ~$0.00638, 24h move +460.8%, 7d +316.7%, 24h volume ~$11.7m, and market cap/FDV ~$6.48m, illustrating thin capitalization and high short-term variability; other trackers show lower concurrent caps/volumes, reflecting venue/time differences. Pudgy’s footprint is orders larger: the NFT collection alone has posted single-day secondary sales as high as ~4,682 ETH (~$18.1m), and the brand’s growth has been cited among factors buoying NFT market sales in 2024; separate reports also show Pudgy’s ecosystem market value occasionally surpassing legacy blue-chips depending on the period measured 329148.
  • 恶俗企鹅: ~$6.48m cap, ~$11.7m daily volume in one snapshot; large variance across trackers 3
  • Pudgy: 4,682 ETH (~$18.1m) daily NFT sales in one day; macro impact cited in 2024 2914

Ecosystem and Brand Reach

Pudgy evolved beyond NFTs into physical toys and mainstream retail: 1M+ units sold globally in the past year across Walmart, Target, Amazon, and Smyths, while social reach grew to about 1.4M Instagram followers, adding 100k+ monthly during the ramp. This consumer-product flywheel and IP licensing underpin brand durability and funnel new users into Web3; in contrast, available sources for 恶俗企鹅 do not document off-chain products, licensing programs, or brand extensions beyond token trading 1230.
  • 1M+ Pudgy toys sold; major retailers distribution 1230
  • Social growth: ~1.4M Instagram followers 12

Exchange and Network Access

For 恶俗企鹅, a “Meme+ Trading Zone” listing notice by MEXC and BNB-chain DEX tracking indicate tradability for speculative participants across centralized and decentralized venues. Pudgy Penguins NFTs trade on leading marketplaces with floor-tracking dashboards, while PENGU was launched on Solana with plans for Ethereum/Abstract support, broadening liquidity across chains and marketplaces geared to NFTs and tokens 61516209.
  • 恶俗企鹅: MEXC Meme+ listing; BNB DEX visibility 65
  • Pudgy: NFT floor trackers; PENGU on Solana with multi-chain expansion 1516209

Performance and Volatility Profile

Pudgy’s NFT market has seen both surges and pullbacks: it recorded >$4m in 24h sales on March 9, 2024, and later a sharp floor drawdown of almost 50% following the PENGU launch, underscoring that even blue-chip NFTs carry meaningful volatility. 恶俗企鹅 has posted extreme short-term percentage swings (e.g., +460.8% daily), typical of micro-cap meme coins, implying liquidity fragility and elevated downside risk if momentum fades 1129173.
  • Pudgy: 24h NFT sales >$4m (Mar 9, 2024); ~50% floor drop after token launch 112917
  • 恶俗企鹅: +460.8% daily move snapshot 3

Governance, Team Transparency, and IP

Pudgy’s 2022 change in control to CEO Luca Netz and subsequent execution (toys, licensing, funding) are well-documented, including a $9m seed round, community IP-licensing via OverpassIP, and cross-media collaborations (e.g., Kung Fu Panda), signaling identifiable leadership, governance decisions, and IP strategy. For 恶俗企鹅, sources focus on trading and listings rather than leadership, governance, or IP, leaving due-diligence gaps typical of anonymous meme-token launches 12363534.
  • Pudgy: $9m seed; OverpassIP; Hollywood collaboration 123635
  • 恶俗企鹅: no documented leadership/governance disclosures in provided sources 53

Data Comparison

Dimension恶俗企鹅 (0xe1e9…d4444)Pudgy Penguins (胖企鹅)
Asset type BNB-chain meme token 8,888 Ethereum NFTs; plus PENGU token
Supply (token/NFT) 1.00B (tracker snapshot) PENGU: 88,888,888,888; NFTs: 8,888
Chain(s) BNB Chain Ethereum (NFTs); Solana/Ethereum/Abstract (PENGU plan)
Market size (examples) ~$6.48m cap; ~$11.7m 24h vol (snapshot) 4,682 ETH (~$18.1m) daily NFT sales record; ecosystem often among top NFT caps
Listings / access MEXC Meme+; BNB DEX/tools Major NFT markets; PENGU live on Solana; multi-chain expansion announced
Brand/IP off-chain Not documented 1M+ toys sold; major retail distribution; licensing deals
Volatility examples +460.8% in 24h (snapshot) ~50% NFT floor drop after PENGU launch; prior multi-million-dollar sales days
Sources: 53642091529123017.

Risks and Caveats

Macro conditions matter: mainstream coverage notes skepticism toward niche products and that 2024 NFT trading volume fell to multi-year lows before selective rebounds, so both assets remain exposed to cyclical downturns and sentiment shocks. Additionally, limited governance/roadmap disclosures for 恶俗企鹅 heighten information risk, while Pudgy’s expansion into tokenomics and multi-chain infrastructure introduces execution, regulatory, and dilution risks even for a leading brand 241714.
  • NFT market cyclicality and investor skepticism 24
  • Post-token volatility and execution risks 1714

Practical Takeaways by Goal

If you want exposure to a developed IP with real-world distribution and documented leadership, Pudgy Penguins offers brand assets (NFTs), a growing token layer (PENGU), and retail/licensing traction, albeit with NFT/crypto volatility. If you are targeting high-beta meme-coin speculation with small caps, 恶俗企鹅 fits that profile on BNB venues, but the absence of transparent fundamentals and the presence of extreme short-term swings demand strict risk controls 111253.
  • Brand/IP and distribution: Pudgy’s toys, licensing, socials 1112
  • Speculative micro-cap profile: 恶俗企鹅 trading snapshots 53

Bottom Line

Pudgy Penguins is a mature, multi-channel brand with measurable sales, partnerships, and a growing token layer, whereas 恶俗企鹅 is a comparatively tiny meme token with sparse disclosures and trading-led narratives; accordingly, the scale, durability, and transparency of Pudgy’s ecosystem far exceed those of 恶俗企鹅. However, both remain crypto-native and volatile, so position sizing and time horizon should align with your risk tolerance 1229317.
 

 
If you’d like, tell me which dimension you care most about (tokenomics, liquidity, or brand/IP), and I’ll turn this into a focused, numbers-first comparison with a concise pros-cons table.