What is PENG ID (PENGID)

Start learning about what is PENG ID through guides, tokenomics, trading information, and more.
PENG ID is a meme token on the Solana blockchain, created using the Pump.fun platform and based on a fair-launch model. The project is focused on building an active community, developing meme culture, and forming a digital identity around the PENG concept.
PENG ID is not a traditional fintech product. Its value is driven by community, culture, attention, and engagement. The token represents belonging to the PENG ecosystem and serves as a medium for interaction between participants.
Tokenomics describes the economic model of PENG ID (PENGID), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behaviour.
PENG ID TokenomicsPro Tip: Understanding PENGID's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
Building on tokenomics and past performance, price predictions for PENGID aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of PENGID? Check it out now!
PENG ID Price PredictionThe information on this page regarding PENG ID (PENGID) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
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