PENGU Token Surges 3.33% as CBOE Pudgy Penguins ETF Filing Sparks Major Whale Activity

PENGUUSDT experienced a 3.33% price increase over the past 24 hours, with the current price at 0.016203 USDT on Binance. The recent price surge is primarily attributed to heightened market interest following the Chicago Board Options Exchange (CBOE) filing to list a Pudgy Penguins ETF, which has fueled speculation of potential institutional adoption. Additionally, large holders acquired over 60 million PENGU in the past day, and trading volumes have been robust, supporting the upward momentum. The 24-hour trading volume reached approximately 90.15 million USDT on Binance, with the token's market capitalization reported near $900 million. Overall, PENGUUSDT has demonstrated notable volatility and strong investor engagement, driven by ETF-related news and increased activity from both retail and large-scale investors.