The token $PENGU , associated with the popular NFT project Pudgy Penguins, has demonstrated impressive growth of 18% in one day, as of July 16, 2025. This jump is the result of a partnership with the Chinese company Suplay, which specializes in toy manufacturing and merchandising. The agreement involves the release of a line of physical toys featuring penguins, significantly expanding the project's audience. The announcement of the collaboration made yesterday generated excitement among investors, reflected in the trading volume increasing by 30% to $12 million.
Pudgy Penguins, known for its friendly brand, uses this move to strengthen its position in the Web3 space. Analysts believe that the deal with Suplay, which has access to the Asian market, could push the market capitalization of PENGU to $150 million in the coming weeks. The community reacted positively, noting the token's potential as a bridge between NFTs and the traditional consumer market. However, experts warn of a possible correction due to the speculative nature of the growth.
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