The altcoin index still reads $PENGU cycle
🐧🔥Market Metrics: Market cap: ~$2.06–$2.28 billion, ranking #42–#56 among cryptocurrencies.
24-hour trading volume: $623–$825 million, reflecting high liquidity.🔥
Circulating supply: 62.86 billion PENGU, total supply: 88.88 billion.🚀
Recent Developments:ETF Hype: The SEC acknowledged a Canary Capital ETF filing, proposing 80–95% PENGU tokens and 5–15% Pudgy Penguins NFTs, boosting the price by up to 33% in July. Approval remains uncertain, with 58.5% of prediction markets doubting approval before October.🔥
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Binance Updates: Binance removed the Seed Tag from PENGU on July 21, signaling trust in the project’s maturity, which triggered a price jump. It’s listed on 130+ exchanges, including a recent Bithumb listing, driving a 20% surge.
Ecosystem Growth: Pudgy Penguins’ brand is expanding with Pudgy Toys in Walmart/Target, a NASCAR sponsorship, and a Web3 game, Pengu Clash, on Telegram. The NFT floor price surged 59% in the past month.
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