PENGU Token Soars 29.74% on ETF Filing, NASDAQ Spotlight, and Major Partnerships Fueling Surge

PENGUUSDT experienced a significant price surge of 29.74% over the last 24 hours, rising from 0.010983 to 0.014249 on Binance. The primary drivers behind this rally include heightened institutional and retail interest following the Cboe’s 19b-4 ETF filing, which proposes a novel ETF anchored by the PENGU token and Pudgy Penguins NFTs, as well as increased visibility from the Pudgy Penguins’ NASDAQ opening bell ceremony and a new partnership with Lufthansa’s loyalty program. Additional momentum was provided by the listing on Binance US, a governance upgrade introducing new staking rewards, and the announcement of a cross-chain NFT marketplace partnership with Blur, all contributing to elevated trading volumes and market activity. Currently, PENGUUSDT is trading at 0.014249 with sharply increased volume, a market capitalization near $700 million, and strong accumulation by both whale and influencer accounts, positioning it as one of the most actively traded meme coins in the market.