🐧 $PENGU is poppin’ off — but not everyone’s convinced.

📈 Price: +62% this week

🔥 Catalyst? The Canary PENGU/NFT ETF filing — blending tokens and NFTs into one ETF. Huge if approved.

While Pudgy bulls see a path to $0.025, funding rates tell a different story:

📉 -0.0192% funding = traders still hedging short 🧠

🚨 But this ain't just ETF hopium:

New listings (Upbit, Revolut)

NFT sales +47% WoW

Ecosystem plays (Pengu Clash + My Neighbor Alice collab)

Telegram shills & X influencers calling this a “50% off ATH” bargain

🎯 Bluntz says if $0.011 holds, $0.025 next. But it’s still tied to volatile NFT sentiment.

Bottom line: $PENGU is riding ETF speculation, but derivatives market says “not so fast.” If this hybrid ETF passes — could it change the meme game forever?

#pengu #PudgyPenguins #MemeSeason #BinanceSquare #web3gaming