PENGU Token Soars 27.97% on Binance as Ecosystem Grows and Trading Volume Hits $275M

PENGUUSDT has experienced significant price volatility in the past 24 hours, with a 27.97% increase on Binance, rising from a 24-hour open of $0.023768 to a current price of $0.030416. This surge is primarily attributed to sustained bullish momentum in the broader cryptocurrency market, fueled by Bitcoin’s recent all-time high and positive sentiment following a US-EU tariff agreement. Additional factors include notable ecosystem developments, such as the Pudgy Penguins creator wallet moving 265 million PENGU tokens to new addresses, and the project’s expansion into real-world products, which have contributed to increased investor interest and trading activity. Trading volume remains strong, with Binance reporting 275.52 million USDT in 24-hour volume, and the token’s market capitalization currently ranks #51 at approximately $1.93 billion, reflecting heightened volatility and robust market participation.