PENGU Token Soars 22.93% on Binance Amid Record Trading Volume and Industry Spotlight

PENGUUSDT experienced a significant price increase in the past 24 hours, with the current price on Binance at 0.028489 USDT, reflecting a 22.93% gain from the 24-hour open. The surge is primarily attributed to heightened market optimism following Bitcoin’s new all-time high, which boosted sentiment across the crypto sector, as well as increased attention from major industry players such as OpenSea and MoonPay updating their social media profiles with Pudgy Penguins imagery. Additionally, on-chain data showing the transfer of 265 million PENGU tokens by the creator wallet to new addresses contributed to trading activity and speculation. The token’s 24-hour trading volume on Binance reached 290.49 million USDT, and market capitalization estimates range from $1.34 billion to $1.44 billion, with PENGUUSDT demonstrating strong volatility and robust monthly performance.