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PENG (BEP-20) on BNB Chain: Contract, DEX Activity, and Trading Guide

PENG (BEP-20) on BNB Chain: Contract, DEX Activity, and Trading Guide

Editor's Pick: Check PENG's chart or trade directly using gmgn.ai web version or Telegram Bot to stay ahead of the market.

Quick facts

  • Symbol: PENG
  • Network: BNB Chain (BEP-20)
  • Contract: 0x74ba6142b659edd2521164fecc92ab733fc24444
  • On-chain record: Listed on BscScan as “PENG! x402 (PENG)”
  • DEX footprint: Interaction with PancakeSwap V2 and WBNB appears in on-chain activity (see a sample tx on BscScan)

Why this PENG is different from similarly named tokens

Multiple projects share the “PENG” name, so contract-level verification matters:

  • Solana’s PENG: A popular meme coin on the Solana blockchain that rose to prominence in early 2024, featuring a penguin mascot. Different chain, different contract, different market.
  • Older “Penguin Coin” (PENG): An older project described as an open-source blockchain using Proof of Stake (PoS) and a Decentralized Governance Protocol (DGP) with materials dating back to 2018. Again, unrelated to this BEP-20 token.

Bottom line: If you’re looking at PENG on BNB Chain, use the exact BEP-20 contract 0x74ba6142b659edd2521164fecc92ab733fc24444 to avoid confusion.

What we know so far

Public information specific to this BNB Chain PENG is limited. However:

  • It exists on BNB Chain as a BEP-20 token per BscScan.
  • On-chain activity indicates it has interacted with PancakeSwap V2 and WBNB, suggesting tradability within the BNB ecosystem.
  • No readily available, detailed public docs (e.g., whitepaper, official site) were found during our scan, which is common for newer or lightly documented meme tokens.

Simple explainers

  • BEP-20: A token standard on BNB Chain, similar to ERC-20 on Ethereum. It defines how tokens can be transferred and how wallets/DEXs can interact with them.
  • WBNB (Wrapped BNB): A version of BNB that follows the BEP-20 standard, making it easier to trade with other tokens on DEXs.
  • PancakeSwap: The leading decentralized exchange (DEX) on BNB Chain. You trade directly from your wallet with liquidity pools instead of order books.

Where to trade and track PENG

If you choose to explore PENG on BNB Chain, consider these options:

Tip: Always double-check the contract address before trading. Token name lookalikes are common.

Using GMGN.AI to research PENG

GMGN.AI offers tools tailored to meme tokens across chains (Ethereum, Solana, Tron, Base, Blast, and BNB Chain), and can help you move faster and safer:

  • Smart money tracking: See what top-performing wallets are doing around PENG.
  • Real-time analytics: Monitor price, volume, liquidity, and holder growth live.
  • Security checks: Surface common risks like honeypots or high transaction taxes before you trade.
  • Automated trading: Set rules to buy/sell or mirror strategies from tracked wallets, if you opt in to automation via its Telegram bot.

For PENG specifically, start here: https://gmgn.ai/bsc/token/fV1R5sZ5_0x74ba6142b659edd2521164fecc92ab733fc24444

How to verify before you trade

  • Match the contract: 0x74ba6142b659edd2521164fecc92ab733fc24444 on every site you use.
  • Check liquidity: On DEX analytics, confirm there’s meaningful liquidity and look for locked LP tokens.
  • Holder distribution: Review top holders on BscScan. Highly concentrated supply can increase risk.
  • Taxes and safety: Use GMGN.AI’s security checks and verify buy/sell tax, trading status, and honeypot risks.
  • Activity trail: Look at recent transactions and any contract updates. Here’s one PancakeSwap-linked tx for context: BscScan example.

For builders and analysts

  • On-chain signals to watch:
    • New holder growth versus price and liquidity changes
    • Active addresses/day and transfer counts
    • LP ownership and lock status
    • Contract read/write activity and verified source code
  • Cross-compare:
    • Benchmark PENG’s on-chain stats against similar-cap meme tokens on BNB Chain.
    • Use GMGN.AI’s wallet flow to spot early accumulation or distribution patterns.

Bottom line

PENG on BNB Chain is a distinct BEP-20 token with confirmed on-chain presence and DEX activity, separate from the well-known Solana meme coin and older Penguin Coin efforts. Because documentation is sparse, rely on contract-level verification, on-chain data via BscScan, and trading/analytics tools like GMGN.AI’s PENG page. As always, do your own research and manage risk accordingly.

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