PENGU Token Soars 18% After Binance.US Social Push and ETF Buzz, Trading Volume Hits $240M

PENGUUSDT has risen 18.12% in the past 24 hours, currently trading at 0.033440 USDT on Binance, with a 24-hour open of 0.028311 USDT. The recent price surge is attributed to increased market attention following Binance.US’s adoption of the Pudgy Penguin profile image on social media, heightened speculation around a proposed PENGU ETF filing on the Cboe exchange, and strong technical signals including a "golden crossover" on daily charts. Additional momentum has been fueled by a significant increase in trading volume, with 24-hour volumes on Binance reaching approximately 240.29 million USDT and total market volume reported between $1.58 billion and $1.64 billion. PENGU's market capitalization stands between $1.94 billion and $2.08 billion, ranking it among the top 50-60 cryptocurrencies, with on-chain activity and user engagement nearing monthly highs.