📊 PENGU Token registers a 70% increase with strong market momentum
In recent days, the token $PENGU from the Pudgy Penguins collection has gained prominence:
• 📌 The SEC acknowledged the ETF application from Canary Capital with a majority allocation in PENGU and Pudgy NFTs
• 🐧 Coinbase boosted the hype by adopting an NFT from the collection as its official avatar on X
• 💰 Daily volume surpassed $1 billion, with strong participation from Asian investors (KRW)
• 🔥 The price rose +70%, reaching ~$0.026, with a market cap above $1.6 billion
🔍 Despite the enthusiasm, the increase comes with high volatility typical of memecoins/NFTs. Investors are monitoring the possible approval of the ETF and the sustainability of the movement.
PENGU
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