🧊 $PENGU has exploded nearly 35% weekly gain on Wednesday, with a 54% increase in trading volume in the past 24 hours. The primary catalyst is the institutional FOMO triggered by Canary Capital’s PENGU/NFT ETF proposal, which was acknowledged by the US SEC early this month. The filing, if approved, would mark the first memecoin ETF with NFT exposure.

Additionally, the token witnessed increased buying activity from major investors, propelling its market capitalization beyond $2 billion.

🌐 #pengu