#Pengu
Trade pengu now . . bullish sentiments๐ค๐คโคโคโคโโโคโคโค๐๐๐๐๐๐
๐๐๐๐๐ ๐๐๐ก๐ก๐๐๐จ ๐๐ซ๐๐ง 20% ๐ผ๐ข๐๐ ๐พ๐ค๐๐ฃ๐๐๐จ๐โ๐จ ๐๐ช๐๐๐ฎ ๐๐๐ฃ๐๐ช๐๐ฃ๐จ ๐๐๐ ๐๐ง๐๐ฃ๐ฏ๐ฎ
Solana meme coin PENGU has recorded a double-digit gain over the last day, trading at around $0.02227. This price rally has come amid Coinbaseโs move to change its X profile picture to a Pudgy Penguins NFT, which has sparked a bullish sentiment for the meme coin.
CoinMarketCap data shows that the PENGU price is up over 20% in the last 24 hours. The meme coin has surged to an intraday high of $0.02368 from as low as $0.01838. The meme coinโs market cap has also surged over 20%, hitting $1.4 billion.
The price surge comes amid Coinbaseโs move to change its X profile picture to a Pudgy Penguin. This has sparked a bullish sentiment for the meme coin, which is already listed on the top crypto exchange. However, there is also the possibility that the move might be a hint at an imminent partnership between the exchange and Igloo, the brand behind the NFTs.
As CoinGape reported, the meme coin surged over 30% following the SECโs acknowledgment of Canary Capitalโs filing for a PENGU ETF. The filing proposes a basket that includes 80% to 95% exposure to the meme coin and the Pudgy Penguin NFTs. This makes PENGU the only meme coin other than Dogecoin currently associated with an ETF proposal in the United States.
The PENGU ETF will provide institutional investors with exposure to the Solana meme coin. This will drive more capital into the meme coinโs ecosystem, potentially sending its price higher.
Another positive for the meme coin is that the long/short ratio is at 1.025, indicating that more traders are long and betting on higher prices. Most of this trading activity takes place on the Binance exchange, with an open interest of $73.72 million on the platform.
Trade pengu now . . bullish sentiments๐ค๐คโคโคโคโโโคโคโค๐๐๐๐๐๐
๐๐๐๐๐ ๐๐๐ก๐ก๐๐๐จ ๐๐ซ๐๐ง 20% ๐ผ๐ข๐๐ ๐พ๐ค๐๐ฃ๐๐๐จ๐โ๐จ ๐๐ช๐๐๐ฎ ๐๐๐ฃ๐๐ช๐๐ฃ๐จ ๐๐๐ ๐๐ง๐๐ฃ๐ฏ๐ฎ
Solana meme coin PENGU has recorded a double-digit gain over the last day, trading at around $0.02227. This price rally has come amid Coinbaseโs move to change its X profile picture to a Pudgy Penguins NFT, which has sparked a bullish sentiment for the meme coin.
CoinMarketCap data shows that the PENGU price is up over 20% in the last 24 hours. The meme coin has surged to an intraday high of $0.02368 from as low as $0.01838. The meme coinโs market cap has also surged over 20%, hitting $1.4 billion.
The price surge comes amid Coinbaseโs move to change its X profile picture to a Pudgy Penguin. This has sparked a bullish sentiment for the meme coin, which is already listed on the top crypto exchange. However, there is also the possibility that the move might be a hint at an imminent partnership between the exchange and Igloo, the brand behind the NFTs.
As CoinGape reported, the meme coin surged over 30% following the SECโs acknowledgment of Canary Capitalโs filing for a PENGU ETF. The filing proposes a basket that includes 80% to 95% exposure to the meme coin and the Pudgy Penguin NFTs. This makes PENGU the only meme coin other than Dogecoin currently associated with an ETF proposal in the United States.
The PENGU ETF will provide institutional investors with exposure to the Solana meme coin. This will drive more capital into the meme coinโs ecosystem, potentially sending its price higher.
Another positive for the meme coin is that the long/short ratio is at 1.025, indicating that more traders are long and betting on higher prices. Most of this trading activity takes place on the Binance exchange, with an open interest of $73.72 million on the platform.
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PENGU
0.030868
+32.15%