Walmart (WMT) news

BYND Stock Price Surges as Walmart Expansion Fuels Investor Hopes

Beyond Meat, Inc. (NASDAQ: BYND) saw its stock skyrocket in late October 2025 following news of a major distribution deal with Walmart. Shares jumped more than 80% in a single day, hitting intraday highs around $2.91, up from just $0.52 the week before. The surge reflects renewed investor optimism that wider retail access could help revive Beyond Meat’s struggling sales. The rebound comes after years of decline. From a peak of $239 in 2019, BYND had collapsed to penny-stock territory before this recent rally. Now, fueled by social media buzz and retail trading momentum, the stock has become a meme-stock flashpoint, with analysts warning that much of the move appears driven by a short squeeze rather than improving fundamentals. This article explores the Walmart deal, what it means for Beyond Meat, and where BYND stock might go next. What Is Beyond Meat, Inc. (BYND)? Beyond Meat is a California-based food company best known for producing plant-based meat substitutes. Founded in 2009, its mission is to create alternatives to animal protein using ingredients like peas, rice, and avocado oil. Its flagship product, the Beyond Burger, is designed to replicate the taste and texture of traditional beef while offering a more sustainable and health-conscious option. The company also sells plant-based chicken, sausage, and steak products in both retail and foodservice channels. Beyond Meat went public in 2019 with one of the most successful IPOs of the decade, briefly reaching a market cap near $14 billion. However, its fortunes have since shifted. After initial growth, the company’s sales began to decline, hurt by rising competition, high price points, and changing consumer preferences. By 2024, Beyond Meat had never posted an annual profit and was seeing shrinking revenues, falling well short of early expectations. Still, the brand remains a pioneer in the plant-based meat category and continues to push for a turnaround through innovation and expanded distribution. The Catalyst: Walmart Expansion Deal The spark behind BYND’s recent rally was its announcement of an expanded retail partnership with Walmart. On October 21, 2025, Beyond Meat confirmed that it would roll out a broader product lineup to over 2,000 Walmart stores across the U.S. This includes the introduction of a new Beyond Burger 6-pack value pack, a cost-effective option aimed at price-sensitive shoppers, along with Beyond Chicken Pieces and pre-seasoned Beyond Steak (Korean BBQ-Style). Beyond Meat’s CEO, Ethan Brown, emphasized the strategic timing of the launch, noting that families are increasingly looking for affordable, nutritious food options amid ongoing inflation. By leveraging Walmart’s massive footprint and broad customer base, Beyond Meat is aiming to increase product visibility, reduce the price barrier, and reintroduce its offerings to a wider demographic. For investors, the Walmart expansion signaled potential for sales recovery and market share gains. While the product additions are not entirely new, the scale of distribution is—putting Beyond Meat back in front of millions of consumers who shop at the nation’s largest retailer. That’s a powerful narrative for a company in search of a turnaround. BYND Price Movement: What Just Happened? The market’s response to the Walmart news was swift and dramatic. BYND stock soared from just $0.52 to intraday highs above $7.00 in a matter of days—an eye-popping gain of over 1,200%. On October 21 alone, shares jumped more than 80%, and trading volume exceeded 476 million shares, more than 12 times the average. This sudden spike catapulted Beyond Meat into meme-stock territory, fueled by social media buzz, momentum traders, and a wave of speculative buying. A key driver behind the rally was a short squeeze. With short interest estimated at over 80% of the float, many traders betting against the stock were forced to buy shares to cover their positions as prices surged. That additional demand only added fuel to the rally, sending BYND higher in a feedback loop familiar to followers of other meme-stock episodes. The frenzy even earned Beyond Meat a spot in the Roundhill MEME ETF, drawing further attention from retail investors. Still, despite the enthusiasm, many analysts pointed out that the price action far outpaced the actual impact of the Walmart deal. In their view, the rally was driven more by market mechanics and trader excitement than a shift in business fundamentals. Fundamentals Check: Can BYND Support Its Stock Surge? While the Walmart deal brought a wave of optimism, Beyond Meat’s underlying financials tell a more complicated story. The company continues to face significant challenges. As of Q2 2025, revenue dropped nearly 20% year-over-year to approximately $75 million, and it reported a net loss of $33.2 million. Beyond Meat has never posted an annual profit, and its gross margin fell to 11.5%, down from 14.7% the year before—underscoring weak pricing power and high production costs. A major concern for investors is dilution. In October 2025, Beyond Meat executed a debt-for-equity swap, exchanging over $1.1 billion in convertible notes for stock to avoid a potential default. While the move eased near-term liquidity pressures, it came at a steep cost: the issuance of up to 326 million new shares, nearly quintupling the share count and significantly diluting existing shareholders. Meanwhile, consumer demand for plant-based meat alternatives has cooled. Once a booming trend, the category has seen a sharp slowdown, with U.S. retail sales for refrigerated meat alternatives declining by double digits. Rising food prices, a shift toward less processed options, and increased competition have further weighed on Beyond Meat’s growth. The company’s leadership has pointed to cost cuts and innovation as part of its turnaround plan, but its fundamentals remain deeply strained. BYND Stock Price Prediction: Where Could It Go Next? Following its sharp rally, the question now is whether BYND can sustain momentum—or if a correction is inevitable. Wall Street remains skeptical. Most analysts maintain a Sell or Hold rating, with recent 12-month price targets averaging around $2.20 to $2.40 per share—well below recent highs. Some estimates are even lower, with firms like TD Cowen placing a target as low as $0.80, signaling concern that the current price is detached from fundamentals. Short-term, a lot hinges on sentiment. As long as retail interest and meme-stock dynamics persist, BYND could continue to see elevated volatility. The addition to the Roundhill MEME ETF further amplifies exposure to speculative traders, increasing the likelihood of wild price swings in either direction. Looking longer-term, however, Beyond Meat will need to deliver measurable improvements in its financials to regain investor confidence. Key areas to watch include sales growth from the Walmart expansion, gross margin recovery, and progress toward breakeven cash flow. The company’s next earnings report, scheduled for November 4, 2025, will be a crucial moment for gauging traction post-Walmart deal. Until there's evidence of sustained revenue growth and cost control, many analysts caution that BYND's current valuation may not be sustainable, and the stock could drift lower once the speculative momentum fades. Conclusion Beyond Meat’s recent rally, driven by its Walmart expansion and a burst of retail enthusiasm, has reignited interest in a stock long considered down and out. The new distribution deal opens the door to broader consumer reach and improved sales traction. For investors, it offers a glimmer of hope that the brand can reestablish its place in a competitive market. Still, the company’s financial challenges—declining revenue, persistent losses, and shareholder dilution—remain significant obstacles. Long-term success will depend on Beyond Meat’s ability to convert visibility into sustainable profitability. Until then, the stock remains a high-volatility bet, where optimism and reality are still finding their balance. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Powell’s Speech Signals Rate Cut Door Open — Stocks & Crypto Aren't Buying it

Key Takeaways: Powell’s speech confirms the Fed is ready to cut rates if job data worsens—a significant policy shift after months of hawkishness. Equities and crypto remain cautious, reflecting global macro risks, sticky inflation, and the unknown effects of tariffs. For Bitcoin and crypto investors, the combination of recent liquidations, resilient institutional flows, and Powell’s dovish bias points to possible market bottoming and strategic opportunity. On the eve of the Federal Reserve’s pre-meeting quiet period, Fed Chairman Jerome Powell delivered a closely-watched speech that not only hinted at the possibility of imminent rate cuts, but also provided a nuanced assessment of current macroeconomic risks. Despite these dovish signals, both U.S. equities and the cryptocurrency market offered a tepid response, as investors weighed Powell’s remarks against a backdrop of persistent inflation, labor market cooling, and global economic uncertainty. In this comprehensive analysis, we break down Powell’s crucial messages, the market reaction, macroeconomic context, and what it all means for crypto, Bitcoin, and your investment strategy. Powell’s Key Messages: Rate Cuts Now on the Table In his final public economic address before the upcoming FOMC meeting, Jerome Powell openly acknowledged emerging weaknesses in the U.S. labor market. He signaled that, should data continue to deteriorate, the Fed would consider ending its ongoing quantitative tightening (QT) and potentially lower rates as soon as this month. Powell stated, “While the government shutdown complicates economic assessment… downside risks in the labor market are now significant.” Crucially, Powell admitted that tariffs and protectionist measures remain clear inflationary risks; however, he was more concerned by the “substantial downside risks” in the labor market. The Fed, Powell emphasized, is walking a fine line: “Easing too quickly may leave the inflation fight unfinished, but delaying too long may inflict severe pain on the jobs market.” He repeated that in the current environment, “there are no risk-free paths.” Powell further noted that, while hiring has slowed, broader economic data remains unexpectedly resilient. He cautioned that continued declines in job openings may soon translate into rising unemployment, although he refrained from specifying a precise level of employment needed to maintain stability. Supporting Powell’s dovish tone, Fed Vice Chair for Supervision Michelle Bowman echoed expectations for up to two rate cuts by year-end, affirming a policy shift is on the horizon if the labor market further softens. Mixed Reaction Across U.S. and Global Equity Markets Despite Powell’s willingness to support easing, major U.S. stock indices closed mixed—a sign that markets are weighing rate cut optimism against economic headwinds: Dow Jones rose 0.44% Nasdaq dropped 0.76% S&P 500 declined 0.16% Heavyweight tech names saw notable declines: Nvidia tumbled over 4%, Amazon lost over 1%, Broadcom fell 3%, and Tesla retreated more than 1%. Bucking the trend, Walmart surged more than 4%, reflecting divergent sectoral dynamics. Chinese ADRs were not spared in the rout, with the Nasdaq Golden Dragon China Index sliding nearly 2% amid ongoing global risk aversion. Macro Headwinds: IMF Warns of Dampened Global Growth Adding to the caution, the International Monetary Fund’s latest World Economic Outlook raised its 2025 global GDP forecast to 3.2%—a modest improvement, yet still below potential and clouded by trade tensions and supply shocks. The IMF warned that U.S. tariffs and protectionism continue to weigh on the global outlook, and noted that while factors like weaker dollar and catch-up stocking have provided some respite, these effects may prove temporary. Source: IMF IMF Chief Economist Pierre-Olivier Gourinchas commented: “Though conditions are not as dire as feared, global growth prospects remain subdued and the risks lean to the downside.” Trade frictions, he warned, could take years to fully manifest their negative effects, and while AI innovation and potential rate cuts offer support, these are not sufficient to offset the drag from tariffs and policy uncertainties. Impact on Bitcoin and the Crypto Market: Bottoming Signals Emerge The crypto market mirrored traditional risk assets with renewed volatility following Powell’s remarks. The total market cap slid by about 2%, and Bitcoin briefly tested the $110,000 level before rebounding in tandem with U.S. equities. This volatility follows a sharp sell-off last week, and highlights the sector’s sensitivity to macro policy signals and changing liquidity conditions. However, some analysts suggest that the correction may mark a local bottom for Bitcoin. Veteran trader Peter Brandt suggested that Bitcoin could soon reclaim all-time highs around $125,100, but not before enduring further volatile swings. K33 Research’s Vetle Lunde remains cautiously constructive, arguing that recent leverage shakeouts could reset the market for a sustainable move higher—especially in light of expectations for looser monetary policy, robust institutional demand, and positive ETF flows. Glassnode’s weekly report provided a similarly optimistic view: despite recent forced liquidations, the underlying market structure for Bitcoin remains intact. Spot trading volumes and ETF inflows are strong, and on-chain activity indicates resilient holder conviction. Structural capital and institutions appear undeterred, even as more speculative or leveraged players exit. Market Outlook: Cautious Optimism Amid Volatility Jerome Powell’s speech has clearly shifted the policy narrative: while inflation remains problematic, labor market risks have forced the Fed to keep the door open to near-term rate cuts. Yet, neither stocks nor crypto have staged a convincing rebound—signaling continued caution as markets digest mixed economic data, ongoing trade tensions, and uncertain global growth prospects. For crypto investors, the aftermath of recent deleveraging and Powell’s dovish pivot could create attractive entry points, especially for those accumulating spot Bitcoin in anticipation of a more accommodative policy regime and further institutional adoption. That said, prudent risk management and close monitoring of macroeconomic indicators remain essential.

OpenLedger (OPEN): AI Blockchain for Data Attribution and Model Monetization

OpenLedger is a blockchain-powered platform that solves transparency, attribution, and fair compensation issues in AI development by enabling the monetization and decentralized use of data, models, and AI agents. Founded by Pryce Adade-Yebesi, Ashtyn Bell, and Ram Kumar in 2024, this platform has raised $8M from Polychain Capital and Borderless Capital to create the first AI blockchain with Proof of Attribution. OpenLedger (OPEN) will soon be available on Bitget! What is OpenLedger (OPEN)? OpenLedger is the "AI Blockchain," unlocking liquidity and new monetization pathways for data, models, and agents through decentralized infrastructure and novel mechanisms like Proof of Attribution. It serves as a foundation for trusted AI, empowering developers, data providers, and users to collaborate and transact with verified contributions. The platform addresses critical challenges in AI development including lack of transparency where contributors are unaware of how their work is used and are not rewarded appropriately, centralization of power where large corporations dominate AI development through proprietary systems, and attribution issues where there is no fair compensation for data creators and model trainers. Core Innovation: OpenLedger acts as a decentralized trust infrastructure, allowing users to create and monetize specialized language models while validating outputs using collective intelligence. The platform's Proof of Attribution technology tracks all contributions and rewards participants fairly through "Payable AI" models, removing intermediaries and enabling collective innovation. Who Created OpenLedger (OPEN)? OpenLedger was founded in 2024 by Pryce Adade-Yebesi, Ashtyn Bell, and Ram Kumar with extensive experience in blockchain, AI, and enterprise systems. Pryce Adade-Yebesi (CEO & Co-Founder): ● Previously co-founded and led product at Utopia Labs (sold to Coinbase), specializing in crypto-based invoicing and financial automation ● Entrepreneur-in-residence at Washington University in St. Louis, active in startup mentoring and product innovation ● Drives vision, product direction, and partnership strategy for OpenLedger Ashtyn Bell (COO & Co-Founder): ● Former Head of Product & Crypto at Candy Digital and advisor to Utopia Labs ● Founded multiple startups: Greenbook and ArdhiView, with deep expertise in AI/ML, product management, and blockchain protocols ● Leads operations, product development, and organizational strategy Ram Kumar (Co-Founder, Chief Economic Architect): ● Pioneer of "Payable AI" and decentralized attribution models ● Background in large-scale enterprise account management for Fortune 500 clients (Walmart, Sony, GSK) ● Oversees ecosystem funding, strategic partnerships, and regulatory relations Key Team Members: ● Raj Thaker - Lead Engineer with AI and blockchain development experience tied to the Skandalaris Center startup community at WashU The team includes advisors like Guy Friedman (SteadyMD CEO), Doug Villard (entrepreneurship professor, WashU), Zach Abrams (ex-Bridge/Stripe), and Kanyi Maqubela (Kindred Ventures). What VCs Back OpenLedger (OPEN)? OpenLedger has raised over $8 million in its seed round from prominent VCs and industry leaders, with additional funding committed for infrastructure expansion. Source: cryptobriefing Funding Rounds: ● Seed Round (July 2024): $8 million led by Polychain Capital and Borderless Capital Major Venture Capital Backers: ● Polychain Capital (Seed round lead investor) ● Borderless Capital (Seed round co-lead) ● HashKey Capital ● Finality Capital ● Hash3 Notable Angel Investors: ● Sreeram Kannan (EigenLabs founder) ● Balaji Srinivasan (ex-Coinbase CTO) ● Sandeep Nailwal (Polygon co-founder) ● Kenny Li (Manta) ● Scott Moore (Gitcoin) ● Sebastien Borget (Sandbox co-founder) ● Chainyoda The diverse investor portfolio positions OpenLedger as a well-capitalized leader at the intersection of Web3 and AI infrastructure. How OpenLedger (OPEN) Works OpenLedger operates through several key technologies that make AI transparent, fair, and collaborative for everyone: Proof of Attribution Protocol Every dataset, model training, and AI output is tracked, credited, and rewarded on-chain. Data contributors receive payment each time their data is used, and the origin of every model decision is auditable, solving the "black box" problem of traditional AI. Datanets: Community-Curated Data Networks Datanets are specialized networks focused on topics like finance, medicine, or Web3 that curate and clean data specifically for training advanced AI models. These networks feature transparent governance, contributor tracking, and validation processes managed on OpenLedger's blockchain. Payable AI Economy OpenLedger pioneered a "Payable AI" model where contributors are paid not just once, but every time their data or models are used in real-world applications. This creates a recurring SaaS-style economy around data, attracting high-quality data for ongoing AI innovation. EVM-Compatible Layer 2 Infrastructure Built with OP Stack and EigenDA, OpenLedger combines Ethereum's security, low transaction costs, and flexible smart contract functionality optimized for AI and data applications. Smart contracts can incorporate AI logic for real-time fraud detection, compliance, and automated business flows. Model Factory & No-Code Tools A drag-and-drop graphical interface allows users to upload, train, and deploy AI models and agents without programming requirements. Users can create specialized language models, AI agents, and chatbots through simple dashboard interactions. You can access the platform at openledger.xyz and explore comprehensive documentation at docs.openledger.com. OpenLedger Token (OPEN) and Economics The OPEN token serves as the native utility and governance token for the OpenLedger AI blockchain, powering gas fees, rewards, staking, and incentive payments across its data/model attribution infrastructure. Token Details ● Token Name: OpenLedger ● Token Symbol: OPEN ● Total Supply: 1,000,000,000 OPEN (1 billion tokens) ● Blockchain Deployment: EVM-compatible Layer 2 OP Stack (main), Ethereum, BNB Smart Chain, Solana ● Contract Addresses: ○ Ethereum & BNB Smart Chain: 0xa227cc36938f0c9e09ce0e64dfab226cad739447 ○ Solana: FqpVydAZgjc9yDtYvtJ7ewekdBctU7ioGSbv7muNgBgJ Token Distribution ● Community: 51.7% (testnet participants, validators, builder grants, block rewards, events, airdrops) ● Investors: 18.29% (private/seed rounds, VCs and strategic backers, 12m cliff + 36m vest) ● Team & Advisors: 15% (core team, future hiring, advisors, 12m cliff + 36m vest) ● Ecosystem Growth: 10% (strategic partnerships, product expansion, platform development) ● Strategic Reserve: 5% (treasury, governance, liquidity, emergency funds) Token Utilities ● Gas & Transaction Fees: OPEN is required for all transactions including data uploads, model training, and AI queries on the OpenLedger blockchain ● Attribution Rewards: Contributors earn OPEN whenever their data, models, or AI agents are used, facilitated by the proof of attribution system ● AI Agent Staking: Developers stake OPEN to launch AI agents and maintain service quality, with poor-performing agents losing staked tokens ● Governance: Token holders vote on model funding, upgrades, ecosystem direction, fee settings, and attribution parameters ● Inference Payments: Pay for on-chain AI model outputs, validation, and fine-tuning on a pay-per-use basis ● Cross-Chain Bridge: OPEN enables bridging assets and interoperability between Layer 1 networks and OpenLedger's Layer 2 Why OpenLedger? Traditional AI development faces critical challenges around transparency, attribution, and fair compensation that OpenLedger addresses with breakthrough innovations: Proven Leadership: Founded by entrepreneurs with successful exits including Utopia Labs (acquired by Coinbase), combining expertise in crypto, AI, and enterprise product development with strong startup track records. Strong Investor Validation: $8M raised from leading investors including Polychain Capital, Borderless Capital, HashKey Capital, and prominent angels like Balaji Srinivasan and Sandeep Nailwal demonstrates institutional confidence. Technical Innovation: First blockchain with Proof of Attribution technology that tracks every data contribution and AI model usage, ensuring transparent rewards and solving the "black box" problem in AI development. Strategic Partnerships: Collaborations with Aethir for decentralized GPU infrastructure, io.net for compute resources, Ether.fi for restaking security, and Trust Wallet for AI-powered wallet interfaces. Live Ecosystem: Already operational with Model Factory, Datanets, node applications, and developer tools generating real activity and demonstrating practical utility beyond speculation. Community-Focused Tokenomics: Over 50% of tokens allocated to community rewards, builders, and ecosystem growth with transparent vesting schedules aligning long-term incentives. The platform successfully bridges AI development with blockchain technology, creating new opportunities for transparent attribution, collaborative model building, and fair compensation in the AI economy. OpenLedger (OPEN) Goes Live on Bitget We are thrilled to announce that OpenLedger (OPEN) will be listed in the Innovation and AI Zone. Check out the details below: Trading Available: 8 September 2025, 13:00 (UTC) Trade OPEN/USDT on Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions. Follow Bitget X to win 1 BTC

What Is Pudgy Penguins (PENGU)? The NFT Collection Expanding Into Crypto

NFTs have grown beyond collectible art to become the foundation for emerging digital brands. Pudgy Penguins is one of the most recognizable examples of this shift. Originally launched as a series of cartoon-style penguin NFTs, the project has steadily expanded its influence through real-world merchandise, licensing deals, and a strong online community. Now, Pudgy Penguins is taking a major step into the broader blockchain space with the launch of its own cryptocurrency token, PENGU. As the NFT market continues to evolve, projects like Pudgy Penguins are exploring new ways to build value and attract wider audiences. The introduction of PENGU signals an effort to strengthen community engagement while reaching users beyond Ethereum through a multichain strategy. This article will break down what Pudgy Penguins is, how the project works, the role of the PENGU token, and important factors for potential investors to keep in mind. What Is Pudgy Penguins? Pudgy Penguins is a collection of 8,888 unique NFTs launched on the Ethereum blockchain in July 2021. Each NFT features a cartoon-style penguin with different traits like clothing, accessories, and backgrounds, making every penguin distinct. While it started as a simple profile picture (PFP) project during the NFT boom, Pudgy Penguins quickly built a loyal community that connected around the artwork’s positive, playful style. However, Pudgy Penguins' story goes beyond just NFT sales. After facing early leadership challenges, including controversy around its original founders, the project was acquired by entrepreneur Luca Netz in 2022. Under new leadership, Pudgy Penguins shifted focus toward brand-building, real-world products, and licensing opportunities. The launch of Pudgy Toys in major retailers like Walmart, Target, and Amazon showed that the brand had ambitions far beyond the crypto space. Today, Pudgy Penguins is positioning itself as a broader Web3 brand, combining NFTs, physical goods, and new blockchain initiatives. It continues to evolve through partnerships, community-driven initiatives, and now, the introduction of its own token, PENGU, signaling a move toward deeper engagement with both the crypto-native audience and mainstream consumers. The Pudgy Penguins project has gained strong momentum in April 2025, with the average NFT price rising by 6% to approximately $20,860 and the collection’s total market cap surpassing $136 million. At the same time, the newly launched PENGU token has rallied sharply, increasing by over 40% in a single day as part of renewed excitement across the Solana ecosystem. Trading volumes for both Pudgy Penguins NFTs and PENGU have reached three-month highs, reflecting heightened investor interest. PENGU recently hit a local high of $0.0141, while NFT sales volume rose by 300%. Analysts are generally optimistic about the ongoing rally, suggesting that the project could reach new all-time highs if momentum continues, although typical market risks still apply. Trade Pudgy Penguins (PENGU) on Bitget now! How Pudgy Penguins Works At its core, Pudgy Penguins operates as an NFT-based community built on the Ethereum blockchain. Each Pudgy Penguin NFT represents a unique, verifiable digital asset that owners can hold, trade, or use for commercial purposes. These NFTs are stored securely on-chain, giving holders full ownership and allowing for secondary sales on popular NFT marketplaces like OpenSea and Blur. Beyond simple ownership, Pudgy Penguins offers additional value through brand licensing and real-world products. NFT holders retain the intellectual property rights to their penguins, meaning they can create merchandise, collaborate with brands, or build businesses around their characters. This licensing model has helped Pudgy Penguins cross into the mainstream, with physical products like Pudgy Toys now available at major retailers such as Walmart, Target, and Amazon. The project is also expanding digitally through blockchain innovation. The introduction of PENGU, a native token, is designed to power future experiences and community engagement across multiple blockchains. By moving toward a multichain strategy, Pudgy Penguins aims to widen access, allowing more users to participate in its ecosystem whether they come from Ethereum, Solana, or eventually new networks like Abstract. What Is PENGU Token? In December 2024, Pudgy Penguins introduced PENGU, its official cryptocurrency token. PENGU is designed to: ● Expand the Pudgy Penguins community. ● Reward active members and NFT holders. ● Support future governance initiatives. ● Create liquidity for Pudgy Penguins-related activities. The token was first launched on the Solana blockchain. Although the original Pudgy Penguins NFTs are on Ethereum, the decision to issue PENGU on Solana reflects a strategy to reach a larger, more active blockchain audience. There are also plans to later bridge PENGU to Ethereum and Abstract, a Layer 2 network currently in development. The total supply of PENGU is 88,888,888,888 tokens, with allocations for NFT holders, ecosystem expansion, liquidity creation, team incentives, company development, and charitable initiatives. Pudgy Penguins (PENGU) Token Allocation PENGU Airdrop – What You Should Know The PENGU token launch included an airdrop aimed at both existing community members and broader users within the Solana ecosystem. ● NFT Holders: Owners of Pudgy Penguins, Lil Pudgys, and other official Pudgy assets are eligible for a portion of the airdrop. ● Solana Users: Active users of Solana decentralized applications (like Phantom wallet and Jupiter) might receive PENGU even if they don't own a Pudgy Penguin NFT. ● Claiming Process: Users need a Solana-compatible wallet to claim PENGU, even if they originally hold Ethereum-based NFTs. ● Security Reminder: Investors should be cautious of fake airdrop scams. Always verify sources before interacting with wallets or signing transactions. The airdrop distributes roughly 25% of the total PENGU supply, helping expand the project's footprint in the growing Solana community. Pudgy Penguins (PENGU) Price Prediction 2025, 2026–2030 Pudgy Penguins (PENGU) Price Source: CoinMarketCap As of this writing, Pudgy Penguins (PENGU) is trading near $0.036. With its popular NFT collection, expanding digital products, and a dedicated community, Pudgy Penguins has become a notable player in the web3 space. The long-term price outlook for PENGU reflects both the promise of the project and the evolving dynamics of the crypto market. 2025 Outlook Predicted Range: $0.03–$0.06 In 2025, Pudgy Penguins is projected to maintain moderate momentum as the brand continues to roll out new initiatives and deepen its market presence. Most analysts expect PENGU to trade between $0.03 and $0.06 for the year, with average prices centering around $0.035. This period may be characterized by steady growth, supported by community engagement, ecosystem expansion, and general optimism in the NFT sector. However, as with all digital assets, some volatility is to be expected due to market shifts and broader economic factors. 2026–2030 Long-Term Outlook Predicted Range: $0.04–$0.13 (bullish scenarios: up to $0.15–$0.23; extreme bull case: $0.40) Looking further ahead, the outlook for Pudgy Penguins from 2026 through 2030 remains positive but is subject to significant variability based on the project’s continued innovation and external market conditions. As the Pudgy ecosystem matures—with new gaming experiences, metaverse integrations, and potential for broader adoption—the price of PENGU could steadily appreciate. Forecasts for this period typically place PENGU’s value between $0.04 and $0.13, with mid-to-high estimates in the $0.08–$0.13 range by 2030. More optimistic projections suggest that, if Pudgy Penguins successfully captures mainstream attention and benefits from a strong crypto bull market, prices could rise to $0.15–$0.23, or even approach $0.40 in an extreme upside scenario. Key drivers of growth will include the expansion of the ecosystem, strategic partnerships, product innovation, and overall market sentiment in the web3 and NFT sectors. Conclusion Pudgy Penguins has traveled a long way from being just another NFT collection on Ethereum. With the launch of PENGU, its native cryptocurrency, the project is making a serious push into the broader blockchain landscape. Between expanding to new blockchains like Solana, launching real-world products, and building a stronger community, Pudgy Penguins is aiming to do what few NFT projects have managed — stay relevant and grow beyond the initial hype. For investors, Pudgy Penguins offers an example of how NFT brands are evolving into more complete ecosystems, combining digital ownership, token utility, and real-world engagement. At the same time, PENGU remains a new and volatile asset, subject to the same risks and market forces as the wider crypto space. Whether Pudgy Penguins can continue building momentum will depend on how well it balances innovation, community loyalty, and broader adoption in an increasingly competitive Web3 world. Register now and explore the wonderful crypto world at Bitget! Disclaimer: All investment strategies and investments are subject to the risk of loss. Nothing contained in this article should be construed as investment advice. Users are strongly advised to do their due diligence and invest at your own risk.

Bitget Hot Takes (January 23 - January 29)

Bitget Hot Takes is the exclusive weekly newsletter series by Bitget Academy, the 360-degree onboarding guide for all crypto enthusiasts. Bitget Hot Takes the week before can be found here. Central Themes • ETH sliding, BTC hovering above US$23,000 with hashrate hitting new all-time high levels. • DeFi blue chips are actively building and expanding to different chains. • New insights from Genesis’ bankruptcy filing; SBF attempted to influence witnesses. • Moody’s is in the early stage of developing a stablecoin scoring system. BGB Hit A New High For 2023 While Bitcoin managed to hold the US$23,000 mark throughout the weekend, BGB saw a small contraction of 0.07% in returns and Ethereum 3.25%. That could be a lil’ bit concerning for BGB diamond hands, but check out the chart below: Source: TradingView BGB reached 2023’s new high this week, following the bullish sentiment of general markets. The U.S. 2022 GDP numbers published by the Bureau of Economic Analysis seemed to have given BGB the momentum it needed to cross US$0.21 Check the analyses of BGB price trend in 2022 here: BGB Sail: December Edition BGB Sail: November Edition BGB Sail: October Edition BGB Sail: September Edition BGB Sail: August Edition BGB Sail: July Edition BGB Sail: June Edition BGB Sail: May Edition If you are completely new to the token, we are delighted to give you the full guide to BGB - the golden ticket to the Bitget Ecosystem here: Why BGB Is Your Bluechip Exchange Token. Markets Got Busy Again Ethereum prices saw quite a shrinking over the last seven days compared to Bitcoin and other altcoins. That could be a result of the unclear definition of the PoS Ethereum, which is discussed in the first volume of The Crypto Burrito. Of course ETH holders are looking for a reason to expect price soaring, and they have it: The Shanghai upgrade is set to take place in March. Developers have been working on it; a fork devoted to the purpose of upgrade rehearsal, called ‘shadow fork’, was finalised on January 23. As we are already in the last few days of January, there are less than 60 days until the Shanghai upgrade as well as the enabling of withdrawals on the Ethereum network. Under direct influence of this event are LSD protocols (again, check out The Crypto Burrito (Volume I): Ethereum Merge to learn more about liquid staking derivatives or LSDs). The biggest validator on the Beacon Chain (also the most popular LSD protocol per se), Lido, has published their design proposal for the ETH unstaking on the community forum and asked for feedback. The proposal needs to undergo a voting process by Lido DAO before any changes are implemented on the protocol. On a side note, we are seeing more L1s embracing LSD, with Marinade Finance introducing a reward programme worth around US$10 million for liquid staking on Solana. Last year, the U.S. announced the blacklisting of crypto-mixing service Tornado Cash, saying ‘Tornado Cash has repeatedly failed to impose effective controls designed to stop it from laundering funds for malicious cyber actors on a regular basis and without basic measures to address its risks’. That severely impacted the decentralised state of crypto, as Tornado Cash allows for easy, non-custodial, anonymous on-chain transactions. Now there’s a way out for Tornado Cash users: Web3 builder venture Chainway recently launched a Proof-Of-Innocence protocol, through which Tornado Cash users can prove that their funds do not come from hacker addresses while preserving their privacy. DeFi and NFT blue chips are building non-stop We can agree that many crypto blue chips are Ethereum-native protocols. But Ethereum’ congestion and high gas fees remain a firm entry barrier for new users, which understandably explains the rise of BNB Chain and most recently Polygon in terms of daily active users. Therefore, the biggest names are looking to expand their services to other chains: • Uniswap to deploy on BNB Chain: Proposal by 0xPlasmaLabs, preliminary polls see 80% saying yes; • Sushiswap to launch a perpetual DEX on Sei Network (per Sushiswap Head Chef), after the Head Chef proposed a change to the SUSHI tokenomics, following a temporary change to replenish the Treasury. Still putting the focus on Ethereum are MakerDAO, whose community is backing a proposal to yield interests for their Treasury from an earning vault by Yearn Finance, and Aave, which will soon launch a ‘fresh’ Aave v3 with the initial listings consisting of WBTC, WETH, wstETH, USDC, DAI, LINK, and AAVE. Three major news regarding the NFT/Metaverse space last week include: • Decentraland partners with Pedigree to bring canine adoption to the metaverse; • Bored Ape NFT game Dookey Dash registered over US$40 million (27,090 ETH) in 10-day trading as players are excited about the mystery rewards • The German carmaker Porsche releases the official Terms and Conditions (TC) for their Porsche NFT collection, which gives buyers the opportunity to withdraw from the purchase within 14 days. In the Wild West of NFT, Porsche is one of the first to honour consumer rights with this TC and may have set the example for future NFT projects so as to prevent rug pulls and scams. Trouble, trouble, trouble Crypto saw a new week of layoffs, half from the troubled actors: Gemini (10% of staff), DCG’s Luno (35%), CoinTracker (20%) and Moralis (numbers undisclosed). New from the court proceedings: Genesis’ creditor list shows not only crypto/financial firms (Gemini, Cumberland, Mirana, MoonAlpha Finance and VanEck, among others), but also government agencies - the Internal Revenue Service (IRS) and the Securities and Exchange Commission (SEC) of the U.S. as well. The creditor list of FTX appears to be even longer, with star athletes, crypto firms, tech giants, media outlets, the PM of Bahamas and public servants of both the Bahamas and the U.S. More information on the Chapter 11 Bankruptcy can be found here: The Crypto Burrito (Volume IV): Understanding 2022’s Crypto Bankruptcy Filings Still in the process are BlockFi and FTX. The former was granted permission to issue US$10 million in bonuses for their critical employees to keep them from fleeing to Google, Block Inc. and Walmart. Meanwhile, prosecutors are asking the judge to impose new bail conditions and FTX is seeking permission to subpoena SBF after the former FTX CEO used Signal to contact a potential witness in his criminal case. Celsius Earn users already received the ultimatum from the bankruptcy court, but they can still expect to get some of their assets back. A representative of the bankrupt crypto lender told the court that they are ‘in the later stages’ of developing a plan to return assets to Earn customers. Eligible Celsius accounts should also receive the Flare token airdrop after Celsius won court approval for the one-time distribution of FLR to users who had XRP locked on the platform as of December 2020. The Twitter accounts of Robinhood and Azuki were hacked last week. Hackers saw the opportunity to take advantage of their followers, thus promoting the scam token of RBH on BNB Chain and fake virtual land claims in Azuki's newly launched virtual world Hilumia. In-between these hacks was a phishing attack that resulted in the loss of US$1 million value NFTs owned by Moonbirds creator Kevin Rose. The Latest Bitget News Happy new year and Happy Lunar new year to our users with the upgraded 5,005 USDT Welcome Package for newbies! Register here and complete all tasks in Bitget Rewards Center to receive the gifts! Have you tried Bitget Spot Copy Trade on your Android devices? Realising how much our users love Bitget One-Click Copy Trade, we have worked diligently to release Bitget Spot Copy Trade - the sibling of Bitget One-Click Copy Trade that targets Bitget spot markets and our plentiful offering of crypto pairs. Learn how to dive in right now with our guide here. Another key component of Bitget Social Trading is Bitget Insights, which is now available on web here: Bitget Insights Web. Sign in right now and share your experience and opinions on markets to share US$4,000 in rewards. You can choose to contribute to the Bitget community either by creating valuable content or helping us recruit high-quality content creators - it’s completely up to you! Talk about Bitget Social Trading, new listings here for you: • New One-Click Copy Trade pairs: OPUSDT and PEOPLEUSDT • New Spot Grid and DCA Strategy Trading pairs: USDCUSDT, BUSDUSDT, GALAUSDT, ZILUSDT, APEUSDT, OPUSDT, GMTUSDT, NEARUSDT, FTMUSDT, OCEANUSDT, HOOKUSDT, ANKRUSDT, FETUSDT, WOOUSDT, PEOPLEUSDT, DYDXUSDT • New Futures Grid and DCA Strategy Trading pairs: ZILUSDT, OPUSDT, WOOUSDT, PEOPLEUSDT, DYDXUSDT • New Spot Margin pairs: APEUSDT and TRXUSDT Even before the FTX demise, Bitget has already been committed to bring transparency, safety and trust to the digital space. The latest snapshot of our Proof-Of-Reserves for December 2022 was released in early January with a Total Reserve Ratio of 223% and our Bitget Protection Fund maintained at 6,500 BTC and 200,000,000 USDT. However, we are determined to forge ahead by giving users with decent holdings the opportunity to apply for the brand new Bitget Fund Custody Service, through which their assets will be better protected in a separate address. New Events Make a Deposit, Share $10,000 Futures Trading Bonus Bitget Insights Web Launch: Share Insights, Earn Rewards up to $4000 Share 6000 USDT Get to Know 13 Community Reputation Roles' NFT VIP Earn Rewards for New Year: 3x APR, Free VIP Privileges! Anybody can be a Merchant on Bitget P2P and Earn 125$ in Weekly rewards! Bitget Elite Recruitment! Invest Like the Top Investors on Bitget Buy Crypto with 0% Fees Through Banxa Earn $10 Bonus! Broker’s Special - 100% Rebate for Limited Time Only! Get 3$ Free on your first P2P trade on Bitget P2P! [Bitget VIP] Free To Claim Your New Year Gifts Join Bitget Discord and Participate in the New Weekly Registration Contest, Win BGB Bitget Partners with TealStreet; Plus, Register, trade for up to $8000 bonus！ Good Reads What is Stagflation and How Does It Affect the Crypto Market? The Crypto Burrito Volume III: The Never-Ending Saga Of FTX The Crypto Burrito Volume IV: Understanding 2022’s Crypto Bankruptcy Filings How Bitget Became A Dark Horse And Earns Market Share And Trust From Millions In Crypto Winter What Is DogeCoin (DOGE)? Follow us for the latest updates: Twitter | Telegram | LinkedIn | Facebook | Instagram

Bitget Hot Takes (September 19 - September 25)

Bitget Hot Takes is the exclusive weekly newsletter series by Bitget Academy, the 360-degree onboarding guide for all crypto enthusiasts. Bitget Hot Takes last week can be found here. Central Themes - The U.S. Federal Reserve (FED) raised interest rates by 0.75%. - Although the news is kind of priced in already, equities and Bitcoin still reacted negatively to this new rate hike. - BGB was the only one to end the week with green. - Ethereum price continued to drop after The Merge. - Market maker Wintermute hacked for US$160 million. - Walmart and Disney start to embrace NFTs. The Only One To End The Week With Green Markets are on an endless downward spiral post-rate hike, with the SP500 seeing the fifth consecutive week of losses and wiping out all its gains from 2021. Similarly, the global crypto market has lost its US$950 million cap since September 18, showing no signs of reclaiming this mark soon. Regardless of the market movements, BGB Holders were able to lock in a cumulative return of nearly 1.07 by Sunday, which translates to a 7% increase in returns for the last seven days. BGB experienced some turbulence until mid-week last week, but picked up the momentum since September 22 and gloriously ended the week with a profit compared to all others’ losses. BGB has, time after time, proved its ability to resist unfavourable market conditions, and even demonstrated its ability to thrive when the sentiment is extremely bearish. That alone is a decent reason to hold BGB as a hedge for your wealth. Unconvinced? Below are our BGB reports for the last months: BGB Sail: August Edition BGB Sail: July Edition BGB Sail: June Edition BGB Sail: May Edition Correction Will Hurt For the first time since the beginning of September, Bitcoin has three consecutive days of losses and an all-red weekend. It is possible that we may see another red day today, so pay attention to your positions consciously. BTC Price Chart Source: TradingView Sharing the fate with Bitcoin are ProShares’ Long Bitcoin Strategy ETF (BITO), Grayscale Bitcoin Trust (GBTC), and other pro-crypto funds and/or companies. Surprisingly, the biggest losses belong to the one and only ProShares’ BTCUSDT">Short Bitcoin Strategy ETF (BITI) at -68.75%. With the (highly possible) months of correction to come, Bitcoin mining can expect a harsh winter. Even though Riot Blockchain stocks (RIOT), who owns 0.032% of the total Bitcoin supply, experienced a 4.32% increase in value at the end of the week, it’s still not enough to compensate for losses of the week before. That is not to say that stock prices of another big mining firm, Marathon Digital Holdings (MARA), continued to slump further down (-1.27%) and its Texas-based data centre provider Compute North has recently filed for Chapter 11 bankruptcy. But it’s not all doom and gloom for Bitcoin miners: Icebreaker Finance launches a US$300 million lending pool on Maple Finance to support Bitcoin mining companies in North America and Australia. A key factor responsible for the bloodshed of the flagship cryptocurrency is rising levels of correlation between (1) Bitcoin and NASDAQ and (2) Bitcoin and bonds, which is currently at its peak within the one-year time frame. Source: Kaiko Analytics Meanwhile, data from Arcane Research demonstrates that Ethereum’s newly forked tokens (ETHW, ETF) have been performing way worse than Ethereum since The Merge. Even the notable ETC was trading with more losses than ETH. You heard it right - all are recording non-stop losses since September 16 (one day after Ethereum’s conversion to PoS), but ETH locked in the lowest level of losses compared to the other three. Source: Arcane Research And the whole crypto market was in shock when crypto market maker Wintermute announced an attack on its DeFi operation unit on September 20. The amount of stolen funds was revealed to be US$160 million, and the team is offering a 10% bounty for the hacker. The Wintermute team and its DeFi partners have confirmed the integrity of funds, and even deposited more funds into the associated pools for users who want to withdraw. What Is The Silver Lining(s)? Despite what’s yet to come, we can still trust in the wide adoption of crypto via NFT’s popularity. New big names to enter the space include Walmart and Disney. The retail giant Walmart, also considered to be an essential element of American culture, will soon provide DC Comic books that are linked to NFTs redeemable on the WAX blockchain. This move can significantly encourage businesses to test out their NFT strategy because it is now more ubiquitous than ever before. And talking about Disney… Previously on September 10, the conglomerate’s CEO publicly disclosed their interest in Metaverse and eventually put on a job description on LinkedIn for a Principal Counsel in Emerging Tech and NFTs. Expect the “Next Generation Storytelling Consumer Experiences” from The Walt Disney Company. And Governor of The Golden State vetoed the Assembly Bill 2269 by State Congressman Tim Grayson, which basically requires all crypto businesses to apply for an operating licence. As per an official statement by Gavin Newsom’s office, “a more flexible approach is needed [...] to address trends and mitigate consumer harm”, thereby allowing California to remain the important innovative hub of the U.S. The Latest Bitget News Since the introduction of the exciting Bitget Launchpool since early September, we have released a total of 10 yield farming pools available for all Bitget users! It’s important to note that we select only the most commonly traded tokens so that rewards are truly rewarding and ready-to-be-exchanged at any time! There are only 2 days left to join Bitget CHZ pool - are you IN yet? Bitget ABCs is the new program where you can request the listing of your favourite tokens and express your loyal support! Don’t forget to visit Bitget Spot Trading - we are charging 0% spot fees and even offering additional trading rewards for newly listed tokens! Get access to hundreds of innovation tokens, fan-based tokens, and of course crypto blue-chips at a net price or even discounted price thanks to our zero fee program and GroupCoin program! New Listings Spot Trading ETHWUSDT AMPLUSDT FETUSDT SWEATUSDT LINGUSDT Futures Trading BANDUSDT Futures Grid Trading MATICUSDTSOLUSDTXRPUSDTADAUSDT New Events Community AMA for Grid Trading, Join to Share 30,000 BGB Earn Up To $274 for Welcome Bonuses Zero Fee Spot Trading on Bitget! Guess Coin Price to Win BGB, Trade to Earn Another 20 BGB! US$10,000 In BGB To Be Shared - Simply Click Share! Receive $4,163 In Welcome Bonus! Get Up to 20$ Free in P2P and Spot Trading! Bitget x TI Crypto Exclusive Campaign Good Reads Funding Rate: Why Trading Crypto Is Revolutionary What Is The Crypto Fear Greed Index Margin Explained: Using Borrowed Funds Cardano Vasil Hard Fork Upgrade Macroeconomic Factors That Can Affect Crypto Prices Follow us for the latest updates: Twitter | Telegram | LinkedIn | Facebook | Instagram