<p>Pudgy Penguins, $PENGU, won Kraken's recent MemeCoin Showdown. This secured Pudgy Penguins a high-profile placement on the Williams Racing Formula 1 car for the upcoming Singapore Grand Prix on October 5.</p><p>The Kraken MemeCoin Showdown ran from July 8 to August 8. During the contest, the US-based crypto exchange tracked the cumulative trading volume of six meme coins: TOSHI, PENGU, LOFI, DOG, PONKE, and BONK.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24PENGU&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PENGU</a> WINS THE <a href="https://twitter.com/krakenfx?ref_src=twsrc%5Etfw">@KRAKENFX</a> x <a href="https://twitter.com/WilliamsRacing?ref_src=twsrc%5Etfw">@WILLIAMSRACING</a> MEMECOIN SHOWDOWN 🐧🏆<br><br>Congrats <a href="https://twitter.com/pudgypenguins?ref_src=twsrc%5Etfw">@pudgypenguins</a> for leading the trades on <a href="https://twitter.com/krakenfx?ref_src=twsrc%5Etfw">@krakenfx</a> - See you in Singapore, flying at 200+ mph on the back of the Atlassian Williams Racing FW47. 🚀🏎️💨 <a href="https://t.co/BHEPTFBWD4">pic.twitter.com/BHEPTFBWD4</a></p>— Kraken (@krakenfx) <a href="https://twitter.com/krakenfx/status/1954984707508039851?ref_src=twsrc%5Etfw">August 11, 2025</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><p>Kraken closely monitored all trading activity on the platform throughout the event, and $PENGU led the pack to secure a win at the end. The winning token's status was determined based on verified cumulative trading volume in USD equivalent.</p><h2>A Prize as Fast as Pudgy's Popularity</h2><p>The prize for the Kraken MemeCoin Showdown was a chance to get featured on the rear wing of the Williams Racing FW47 car during the Singapore Grand Prix weekend, alongside the Kraken logo. This may look quite symbolic at first glance, but it's a rather valuable marketing initiative.</p><p>Securing a spot on an F1 car is a significant milestone for visibility, even if it's for a single race weekend. The sponsorship space on F1 vehicles is highly competitive as millions of viewers tune in across the world.</p><p>This wasn't the only major win that Pudgy Penguins achieved this summer. On August 12, Pudgy Penguins announced that BTCS Inc., a publicly traded blockchain company, had added three Pudgy Penguins NFTs to its corporate treasury.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">BTCS has joined the Pudgy Party! <br><br>We're now the proud owner of three <a href="https://twitter.com/pudgypenguins?ref_src=twsrc%5Etfw">@pudgypenguins</a>. <br><br>Who is your favorite? 👇 <a href="https://t.co/6rSSl5bdMJ">pic.twitter.com/6rSSl5bdMJ</a></p>— BTCS Inc. (Nasdaq: BTCS) (@NasdaqBTCS) <a href="https://twitter.com/NasdaqBTCS/status/1955035339611050445?ref_src=twsrc%5Etfw">August 11, 2025</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><p>Pudgy NFTs will be joining BTCS's existing Ethereum holdings to further diversify its portfolio. Toward the end of summer 2025,&nbsp;<a href="https://www.coingecko.com/en/public-companies-ethereum">public Ethereum Treasury Companies</a> started stealing headlines within the blockchain space. The likes of BMNR, SBET, and BTCS are looking to apply the Michael Saylor formula to ETH, which has been helpful to attract much-needed attention to the altcoin market, including the GameFi space.</p><p>Pudgy Penguins is a collection of 8,888 unique NFTs on the Ethereum blockchain. It's widely recognized for its community-driven appeal and brand value.</p><p>Web3 games running on Ethereum or relevant layer two networks may benefit from this trend. Regardless of the circumstances, many titles look to continue shipping quality updates to ensure smooth gameplay experiences for both fans and newcomers to the scene. Even OGs, like the Sandbox, still optimize their product with&nbsp;<a href="https://funjible.games/news/game-maker-0-12-overhauls-the-sandbox-with-major-features">updates like the Game Maker 0.12</a>. In the meantime, there are also titles still looking for the right home, as&nbsp;<a href="https://funjible.games/news/aavegotchi-ends-polygon-support-migrates-fully-to-base">Aavegotchi ended its Polygon support and migrated fully to Base and Ethereum layer 2.</a></p><div class="raw-html-embed"><iframe width="560" height="315" src="https://www.youtube.com/embed/ydYh93jvB1M?si=6_rSBLOkVzXlgobg" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen=""></iframe></div>

Pudgy Penguins Soar: $PENGU Wins Kraken Showdown, BTCS Inc. Invests in NFTs

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