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Altcoin battle explodes as Bitcoin Penguins nets $430k day
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Bitcoin Penguins has stormed past $3.4m in its presale, stacking $430k in a single day and putting the memecoin market on notice.
Its mission? Outrageous enough to go viral: buy Antarctica and lock it away for penguins forever. Wild? Absolutely. Impossible? Maybe not.
The presale closes August 27, with prices climbing at every stage, and a DEX listing locked for September 2. Altcoin season is heating up, Bitcoin dominance is at 59%, and BPENGU could be the memecoin to own before Q4 madness kicks in.
Memecoin battle heating up across the market
The broader memecoin space is currently witnessing significant activity. Among the original memecoins, PEPE surged 12% over the last week, while Dogecoin (DOGE) bounced 19% from its support level to trade around $0.2232. Bonk surged nearly 60% in a week, making it one of the most active tokens this month.
In fact, the total market valuation of all memecoins has bounced back above $80 billion, with established names registering double-digit weekly gains. Analysts are expecting 2025’s alt season to kick off in the notoriously bullish Q4 and carry forward through 2026. Other signals are adding up, too, with Ethereum surging towards all-time highs and institutional inflows into non-Bitcoin top-5 coins exceeding that of Bitcoin itself
So, the altcoin battle is wide open. And while other projects compete directly with established memecoins, Bitcoin Penguins has identified a compelling gap.
The numbers that matter for this altcoin battle
Bitcoin Penguins’ tokenomics support sustained growth, with a total supply of 10 billion tokens, with 55% available in the 15-stage presale
Prices increase 5% every 48 hours, creating natural incentives for those who get in early. Over 263 million tokens have already been locked into the staking program before launch, creating potential supply constraints when trading begins on September 2.
To keep the project fuelled with momentum and FOMO, the team has been building strong relationships with crypto influencers, and it’s starting to show. Several prominent figures in the crypto space have started discussing the project on their platforms after making their own investments.
Buying mania has only been increased with a weekly bitcoin giveaway. Every Tuesday, someone wins $120,000 in BTC through the staking lottery. The last winner held just about $17 worth of BPENGU tokens but won a whole Bitcoin. Crypto X will be watching as the next draw takes place on August 18
Every meme project starts with big ambitions, but Bitcoin Penguins has the marketing power and tokenomics to match. Pudgy Penguins’ $2.3 billion valuation sets a high bar, but who knows, this time next year, hodlers might just be celebrating buying Antarctica.
Visit the official Bitcoin Penguins website to learn more about the presale before the August 27 deadline.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.