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Pudgy Penguins

Hey folks, Welcome back! Here is a recap of all that happened in the crypto community over the last 24 hours.With much excitement, the Pudgy Penguins launched their <a href="https://cryptotale.org/pudgy-penguins-launches-pengu-token-with-binance-listing/" rel="noopener noreferrer nofollow">PENGU </a>token with a Binance listing and an airdrop. With its launch, the token had soared to an astonishing 514.60% over the last 24 hours.PENGU has a fully diluted valuation of $4.4 billion, based on pre-marketing trading data. With its listing on Binance, the token will have trading pairs with USD, BNB, FDUSD, and TRY. Further, at the time of launch, about 88,888,888,888 PENGU tokens were kept for circulation. Of this, about 25.9% was allocated to the Pudgy Penguins community while 24.12% was given to NFT projects like Azuki, Bored Ape, Mutant Ape, and Doodles. Further, the team members will take the remaining 17% of the shares. These shares will be locked for a year and vest for three years.Following Pudgy Penguins, Ripple Labs launched <a href="https://cryptotale.org/david-schwartz-warns-not-to-fomo-ahead-of-rlusd-launch/" rel="noopener noreferrer nofollow">RLUSD</a>, a stablecoin pegged to the U.S. dollar. Compliant with the NYDFS requirements, the RLUSD is available for trading on platforms like Archax, Phantom, DEXScreener, MoonPay, etc. Ahead of its launch, Ripple CTO David Schwartz alerted traders of early supply shortages and price volatility. He further stated that even if short-term fluctuations occur during the launch period, arbitrage activities would quickly stabilize the price. <a href="https://cryptotale.org/the-blockchain-bulletin-dec-18-binance-alpha-to-enhance-crypto-projects/" rel="noopener noreferrer nofollow">Read more on CryptoTale </a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

The Blockchain Bulletin, Dec 18: Binance Alpha to Enhance Crypto Projects

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