PENGU Token Surges 18% on Pudgy Penguins ETF Filing, Trading Volume Tops 2 Billion

PENGUUSDT has experienced an 18.02% price increase in the past 24 hours, with the current price at $0.010983 and a 24-hour open of $0.009306, according to Binance. This surge is primarily attributed to heightened speculation and investor enthusiasm following news of a proposed Pudgy Penguins ETF, with the Chicago Board Options Exchange (CBOE) officially filing to list the CANARY PENGU ETF on June 25, 2025. The ETF development, coupled with increased trading volumes—over 2 billion PENGU traded and daily USDT turnover above $17 million—has driven significant market activity and positioned PENGU among the top-performing memecoins recently. While sentiment remains bullish, with a Greed Index of 65, short-term forecasts indicate potential volatility ahead, with models predicting a possible retracement to $0.007883 by July 2, 2025. Overall, PENGUUSDT is seeing strong liquidity and upward momentum, supported by both NFT sector interest and ETF-related speculation.