PENGU Token Surges 3.2% as Cboe ETF Filing and Major Listings Drive $928M Market Cap

PENGUUSDT has experienced a notable price increase of 3.20% over the past 24 hours, trading at 0.014489 USDT on Binance. This upward movement is primarily attributed to heightened market interest following the Cboe exchange’s 19b-4 filing to list a proposed PENGU ETF, which would combine both PENGU tokens and Pudgy Penguin NFTs, signaling potential institutional adoption. Additional catalysts include PENGU’s recent listings on major platforms such as Revolut and Biconomy, increased accumulation by whale wallets (up over 11% in the past week), and the Pudgy Penguins mascot’s appearance at the Nasdaq MarketSite, all contributing to elevated trading activity and positive sentiment.

Currently, PENGUUSDT maintains strong trading volume and liquidity, with a 24-hour open of 0.014040 USDT and a high of 0.01544545 USDT. The token’s market capitalization has approached $928 million, and it remains within the top 100 crypto assets, reflecting sustained investor interest and significant momentum in late June and early July 2025.