PENGU Token Surges 19.92% on ETF Filing, Whale Accumulation, and Nasdaq Bell Spotlight

PENGUUSDT experienced a significant price increase of approximately 19.92% over the past 24 hours, with the current price at $0.013090 on Binance. This surge is primarily attributed to heightened speculation and institutional interest following news of the Canary PENGU ETF filing with the Cboe BZX Exchange, which proposes a unique blend of tokenized assets and NFTs. Additional drivers include increased whale accumulation, a notable rise in on-chain staking activity after the PenguDAO v2 upgrade, and high-profile branding events such as the PENGU mascot's appearance at the Nasdaq bell ceremony. Trading volume spiked sharply, reflecting strong market participation and bullish sentiment, with the asset trading in the $0.01143–$0.0134 range and 24-hour volumes between $311 million and $599 million.