PENGU Token Surges 13% as Whale Buys, ETF Filing, and Major Partnerships Drive $480M Volume

PENGUUSDT experienced a 13.14% price increase over the past 24 hours, rising from 0.013260 to 0.015003 (Binance data). This surge is primarily attributed to significant whale accumulation of 200 million PENGU tokens (valued at approximately $2.4 million), heightened speculation following the Cboe’s 19b-4 ETF filing for a PENGU ETF, and positive momentum from recent brand partnerships and events such as the NASDAQ bell ceremony and Lufthansa collaboration. The ETF proposal, if approved, would position PENGU as the second memecoin with a regulated exchange-traded product in the U.S., further fueling institutional and retail interest.

Currently, PENGU trades around 0.015003 with 24-hour trading volume near $480 million and a market capitalization between $869 million and $939 million, reflecting strong market activity and sustained bullish sentiment driven by both external catalysts and robust community engagement.