PENGU Token Surges 2.44% as CBOE ETF Filing, Whale Accumulation, and New Listings Drive Volume

PENGUUSDT has experienced a 2.44% price increase over the past 24 hours, currently trading at $0.014509. This price movement is primarily attributed to heightened institutional interest following the Chicago Board Options Exchange (CBOE) filing for the Canary PENGU ETF, which would combine exposure to PENGU and Pudgy Penguins NFTs. Additional drivers include record whale accumulation, with over 200 million PENGU acquired by large holders in the last day, and new listings on major platforms such as Revolut and Biconomy, expanding market access and liquidity. Trading volumes remain elevated, with 24-hour turnover ranging from $278.6 million to $651.5 million, and market capitalization estimates between $536 million and $700 million, positioning PENGU among the most actively traded memecoins in the current cycle.