The Pudgy Penguins, a cute and popular cartoon penguin mascot from a digital collectible project, is making waves as it is set to appear in Formula 1 at the Singapore Grand Prix. It earned this spot by winning a big trading contest on Kraken, a major cryptocurrency platform. In the contest, called a ‘meme coin showdown’, the Pudgy Penguins’ token, PENGU, beat out other cryptocurrencies by having the most trading activity on Kraken. As a result, the Pudgy Penguins logo will be displayed on the Williams Racing team’s car, the FW47, during the race. This is a huge deal for…