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OpenSea Introduces Soulbound Tokens for Pudgy Penguins Collectors as PENGU Eyes Recovery

OpenSea Introduces Soulbound Tokens for Pudgy Penguins Collectors as PENGU Eyes Recovery

Author:

Global Cryptocurrency

Published:

2026-01-23 15:13:01

6

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BTCCSquare news:

OpenSea launched two non-tradable Soulbound Tokens (SBTs) on January 16, rewarding Pudgy Penguins and Lil Pudgy NFT collectors. The tokens, named OpenSea OG and OpenSea Penguin, are permanently tied to users' wallets, marking a shift toward reputation-based incentives in Web3.

The initiative underscores a growing emphasis on community recognition over tradable assets. Eligible collectors can claim these badges of honor, which may unlock future rewards, by following OpenSea's official instructions.

Meanwhile, Pudgy Penguins' native token PENGU tests a critical support level at $0.0086. Technical indicators suggest weakening bearish momentum, with traders eyeing a potential rebound toward $0.0133.

By:

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