Pudgy Penguins (PENGU) prices have seen tremendous surges in the last few trading sessions, and according to the data from TradingView, it is priced at $0.014651 with a surge of 46.35% in the past 7 days and has grown roughly 35% in a month.
Source: TradingView
When writing, PENGU/TetherUS was trading above its 100 and 200-day exponential moving averages but is slightly above the 20 and 50-day EMAs.
As per the available information, most recently Pudgy Penguins mascot alongside VanEck appeared at the Nasdaq opening bell ceremony in Times Square, New York.
This appearance is termed as a significant event for Pudgy Penguins as it was the first time a Web3 native IP (Intellectual Property) was featured in this symbolic Wall Street ritual.
Factors probably pulling Pudgy Penguins upwards
Pudgy Penguins’ recent listings on the exchange have played a significant role in the price surge. After its listing on Upbit in May this year, a slight uptick was noticed in the prices.
On June 25, 2025, Cboe BZX Exchange filed a Form 19b-4 with the Securities and Exchange Commission of the United States, marking a formal start of the review for the Canary PENGU ETF.
This filing is termed as one of the major developments because it’s the 1st NFT-inclusive ETF to reach this stage, following an earlier S-1 registration statement filed by Canary Capital on March 20 this year.
According to X post dated June 26, 2025 from Igloo, “With this filing, the $PENGU and Pudgy Penguins NFTs ETF becomes only the second memecoin-style ETF, after DOGE, and first filing with NFTs to enter the SECGov’s formal review process, joining coins such as BTC, SOL, XRP, and DOGE”.
The @CBOE files the CANARY PENGU ETF 19b-4. With this filing, the $PENGU and Pudgy Penguins NFTs ETF becomes only the second memecoin-style ETF, after DOGE, and first filing with NFTs to enter the @SECGov’s formal review process, joining coins such as BTC, SOL, XRP, and DOGE. pic.twitter.com/xtmHi6C8u8
— Igloo (@IglooInc) June 25, 2025
In the list of ETFs expected to get approval soon are Litecoin ETF, which stands at the top with 95% odds favoring its approval, and PENGU ETF has 50% of getting approval by the end of 2025.
Post filing a rough 10% surge was noted in the trading price of Pudgy Penguins, and the 19b-4 helped to grow nearly 60% in a week.
However, a decline of a few percent in the trading prices was observed in the later sessions. In March this year, a positive sentiment was noted in the Pudgy Penguins NFT floor price.
Major partnership of Pudgy Penguins
In April this year, it partnered with Lotte Group, a major retail and entertainment conglomerate, to expand its presence in the South Korean market.
On January 30, 2025, Pudgy Penguins collaborated with Line Friends’ Minini, one of South Korea and Asia’s largest intellectual properties. It partnered with NASCAR to bring the Pudgy Penguins brand to NASCAR fans worldwide.
It was reported on June 12, 2025, that Pudgy Penguins partnered with Lufthansa’s Mile & More, Europe’s largest frequent flyer program. Also holding a partnership with Sol Strategies to launch a dedicated PENGU validator on the Solana network.
