PENGU Token Soars 19.3% on CBOE ETF Filing, NASDAQ Partnership, and $640M Trading Surge

PENGUUSDT has experienced a significant price increase of 19.3% over the past 24 hours, with the current price at $0.013413 according to Binance. This surge is primarily attributed to heightened optimism following the CBOE BZX Exchange’s regulatory filing to list the Canary PENGU ETF, which proposes allocating the majority of its portfolio to PENGU tokens and the remainder to Ethereum-based Pudgy Penguin NFTs. Additional contributing factors include recent high-profile partnerships, such as the NASDAQ bell ceremony and Lufthansa loyalty program integration, as well as increased community engagement through NFT gaming initiatives. The market has responded with elevated trading volume, which reached approximately $594.6 million to $643.6 million, and market capitalization now stands between $816.7 million and $843.6 million, reflecting strong speculative and institutional interest in PENGU.