๐๐ผ๐ถ๐ป๐ฏ๐ฎ๐๐ฒโ๐ ๐ฃ๐ฒ๐ป๐ด๐๐ถ๐ป ๐ฃ๐๐ฃ ๐ฆ๐ฝ๐ฎ๐ฟ๐ธ๐ ๐ฃ๐๐ก๐๐จ ๐ฅ๐ฎ๐น๐น๐ ๐ฎ๐ป๐ฑ ๐ฎ๐ฌ% ๐๐ฎ๐ถ๐ป๐
โ Coinbase surprised the crypto community by switching its official X (Twitter) profile picture to a Pudgy Penguins NFT โ driving PENGU token up as much as 13% within hours.
โก๏ธ The move coincided with Coinbase hiring Alex, ex-Binance community lead, as Head of Crypto Twitter Communications. Alex said the aim is to make communications more direct, transparent, and social-native, rebuilding trust and engagement with the crypto audience.
๐ Market reaction:
PENGUUSDT climbed over 20% daily, trading near $0.023.
Volatility surged after the PFP switch, helped by Bitcoinโs broader market rally.
Optimism also grew after the SEC acknowledged Canary Capitalโs spot PENGU ETF application.
๐ก In summary:
A creative branding move plus fresh leadership turned a simple profile picture change into a real market catalyst โ reigniting excitement around Pudgy Penguins and boosting PENGU token momentum.