According to @cas_abbe, Pudgy Penguins ($PENGU) has established itself as a leading NFT project with over 8,888 unique, hand-drawn NFTs and a strong community of more than 550,000 holders. The project has distributed over $1.5 billion in airdrops to its community, reflecting significant value transfer and potential liquidity for traders. With more than 4 million followers and 40 billion GIF views, social engagement remains high, which is a key indicator of trading activity and price movements in the NFT and crypto markets. Endorsements from celebrities like Steph Curry further enhance visibility, potentially increasing both trading volume and speculative interest in $PENGU and the broader NFT sector. (Source: @cas_abbe on Twitter)

According to AltcoinGordon, Snoop Dogg’s recent endorsement of crypto meme coins is driving increased social media engagement and trading volumes, particularly for tokens mentioned in his posts (source: AltcoinGordon on Twitter, April 26, 2025). Traders should monitor related meme coin tickers for potential short-term price volatility and liquidity spikes, as celebrity mentions have historically triggered rapid market moves. Social sentiment analysis tools indicate an uptick in chatter and positive sentiment across major crypto trading forums, suggesting heightened speculative interest following Snoop Dogg’s involvement.