PENGU Price Misses the Signal in Pudgy Penguins’ Manchester City Deal

Pudgy Penguins announced a landmark partnership with Premier League football giant Manchester City. This marks one of the most high-profile crossovers yet between a native Web3 brand and global sports fandom. Pudgy Penguins Manchester City Deal Signals a New NFT Playbook The collaboration will launch an exclusive NFT collection alongside premium merchandise, expanding Pudgy Penguins reach far beyond the traditional crypto audience. Were excited to announce that we will be collaborating with Man City on a premium collectible and merch release to bring Pengu to the millions of Man City fans around the world, wrote Pudgy Penguins in a post. The team added that the partnership is designed to work both ways. This means bringing PENGU to their fans globally, while also introducing Man City to the wider Pudgy Penguins audience. Working with Man City on this high-end collectible and merch drop will bring Pengu to their fans globally, while also introducing Man City to the wider Pudgy Penguins audience.We are ecstatic to bring Pengu to the world of football alongside Man City on January 17th. pic.twitter.com/MQ3PnHkfF4 Pudgy Penguins (@pudgypenguins) January 15, 2026 The NFT collection and merchandise drop is scheduled for January 17, 2026, and will be targeted at an 18+ audience. With Pudgy Penguins citing high-end collectible and merch drop, it signals emphasis on premium positioning rather than mass-market NFTs. This strategy mirrors recent shifts across the sector toward quality, brand recognition, and real-world cultural relevance. It is worth noting what this partnership means for Pudgy Penguins, as it represents a significant strategic expansion. Manchester City boasts one of the largest and most commercially engaged global fanbases in football. This offers Pudgy Penguins access to millions of potential customers already accustomed to spending on licensed merchandise and collectibles tied to their favorite club. By aligning with a top-tier sports brand, Pudgy Penguins continues its push to position PENGU as a mainstream intellectual property rather than a purely crypto-native character. Partnership announcement featuring Pudgy Penguins character in Manchester City jersey (Source: Pudgy Penguins/X) Why Pudgy Penguins Is Betting on Culture, Not Short-Term Price The move also highlights how established sports organizations are increasingly experimenting with digital collectibles after earlier NFT cycles faltered. Rather than launching speculative standalone NFTs, collaborations like this focus on brand storytelling, physical merchandise, and fandom. Notably, these are areas where football clubs already excel. Despite the headline-grabbing announcement, the PENGU token showed no immediate or notable price reaction. Pudgy Penguins (PENGU) Price Performance. Source: CoinGecko The PENGU price is down by almost 5% over the last 24 hours and was trading at $0.01222 as of this writing. This partnership appears to be more of a long-term brand play than a short-term trading catalyst. Still, sentiment around the token remains broadly optimistic. People want the next runnerThe runner is still $PENGUConviction feels stupid before it feels genius pic.twitter.com/EpEPFV9IWv Fuel (@fuelkek) January 15, 2026 Tazman, another popular user on X, pointed to broader ecosystem momentum, indicating that the PENGU price could still see further upside in 2026. just look at how $PENGU is ripping in 2026, up 60% since 2025!!!! Be confident about 2026, the penguins will make themselves known loud and clear, wrote Tazman. Tazman noted that many major projects, including OKX and Crypto.com, are already referencing penguins in their posts. Year of the Penguin. pic.twitter.com/YoR2tTR0Yp OKX (@okx) January 7, 2026 While price action remains muted for now, the Pudgy PenguinsManchester City partnership mirrors a broader trend. Successful Web3 brands are increasingly competing on cultural relevance and global reach. This is in contrast to focusing solely on on-chain metrics, and narrowly resembles what BitMine has just done. If executed well, the January 17 launch could become a blueprint for how NFTs intersect with mainstream sports fandom in the next phase of crypto adoption.