Why is it said that PENGU is about to break through $0.05?
Recently, PENGU coin has rapidly risen, strongly entering the public eye. What has contributed to its current momentum?
Before this, the US Cboe Exchange's application for a spot PENGU ETF was accepted by the SEC, triggering expectations for institutional layouts;
Then, a mysterious whale invested $2.25 million to increase its holdings by 148 million pieces at a unit price of $0.015, bringing the total holdings to 509 million pieces, causing a market follow-up effect;
Next, leading exchanges like Coinbase collectively changed their avatars to penguins, triggering FOMO emotions through social media viral spread;
Pudgy Toys are selling hot globally, with physical business feeding back into the digital ecosystem, forming a “physical-digital” flywheel;
Now, if the ETF is approved, PENGU is expected to break through the resistance level of $0.05, challenging higher valuations.
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