PENGU Token Soars 26.83% on Binance as Market Cap Tops $1B Amid Record NFT Sales

PENGUUSDT has experienced a sharp 26.83% price increase over the past 24 hours, with the current price at $0.029229 on Binance. This surge is attributed to a combination of factors, including major wallet transfers by the Pudgy Penguins creator, heightened trading activity with volumes exceeding $2.2 million in a 10-minute period, and strong capital inflows following Bitcoin's new all-time high. Additional momentum was provided by record NFT sales and positive technical signals, with multiple platforms reporting a "strong buy" sentiment. Market capitalization has surpassed $1 billion, reflecting increased investor interest and placing PENGU among the leading meme coins. Trading activity remains elevated, with 24-hour volumes ranging widely across platforms, underscoring significant volatility and active market participation.