PENGU Token Soars 25% as Trading Volume Hits $2 Billion Amid Market Rally and Social Buzz

PENGUUSDT has experienced a 25.41% price increase in the past 24 hours, trading at $0.028903 on Binance. This surge is primarily attributed to several factors: a broader bullish sentiment in the cryptocurrency market driven by Bitcoin reaching a new all-time high, significant social media activity including major crypto companies updating their avatars to Pudgy Penguins imagery, and the transfer of 265 million PENGU tokens by the project’s creators to new wallet addresses. Additionally, optimism from a recent US-EU tariff agreement has supported positive momentum across altcoins, including PENGU.

Currently, PENGUUSDT maintains a robust trading volume, with recent 24-hour figures reported as high as $2.05 billion and a market capitalization estimated at $1.81 billion, ranking it among the top 70 cryptocurrencies by market cap. The token is available on major exchanges and has shown strong upward movement and market interest over the past month.