PENGU Token Surges 10% as SEC Acknowledges Canary ETF and Pudgy Party Game Nears Launch

PENGUUSDT has experienced a notable price increase of 10.26% over the past 24 hours, with the current price at 0.032525 USDT on Binance. This recent surge is primarily attributed to heightened market optimism following the U.S. SEC’s acknowledgment of a 19b-4 filing for the Canary PENGU ETF, which will include PENGU tokens and Pudgy Penguins NFTs, as well as the anticipation surrounding the upcoming launch of the "Pudgy Party" multiplayer game. Additionally, a coordinated social media campaign by major exchanges and the milestone of over one million physical Pudgy Penguins toy sales have contributed to increased visibility and positive sentiment. Trading activity remains robust, with Binance recording a 24-hour volume of 10.13 billion PENGU (approximately 318.98 million USDT), and the token’s market capitalization is estimated at over $2 billion, ranking it among the top 50 cryptocurrencies by market cap.