🚀 The PENGU token of the Pudgy Penguins project has increased by 245% in a month! 🐧
The PENGU cryptocurrency, associated with the popular NFT project Pudgy Penguins, has shown an impressive growth of 245% over the past month. Recently, the token rose by 17%, which is linked to the anticipated launch of a spot exchange-traded fund (ETF) in the USA and active support from major industry players.
The NFT project Pudgy Penguins, launched in 2021, has recovered this year after a downturn in the bear market and released its token. One of the catalysts for growth has been partnerships with major brands, including the airline Lufthansa and the sports organization NASCAR, as well as a recent launch of a game on the TON blockchain.
However, analysts remain skeptical about the long-term prospects of the token, emphasizing its lack of real utility. They warn that the hype around PENGU may quickly fade.
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