PENGU Token Surges 3.19% as Cboe ETF Filing, Lufthansa Deal, and TON Game Fuel $599M Volume

PENGUUSDT has experienced a notable price increase over the last 24 hours, rising 3.19% to $0.013921 on Binance. This upward movement is primarily attributed to heightened market optimism following Cboe’s recent filing for the Canary PENGU ETF, which would be the first ETF to focus on the PENGU token and Pudgy Penguins NFTs. Additional momentum was generated by recent high-profile partnerships, including a collaboration with Lufthansa for loyalty programs and the launch of the Pengu Clash game on the TON blockchain, expanding the token’s utility beyond NFTs. Trading volume remains elevated, with 24-hour figures ranging up to $599.66 million across platforms, and market capitalization is estimated near $886 million. Investor sentiment is strongly bullish, driven by ETF-related speculation and increased institutional interest, resulting in PENGU outperforming many major cryptocurrencies in late June 2025.