🐧 PENGU/USDT: the Pudgy Penguins token flutters on Binance

📈 Price and volume

Current price of PENGU/USDT: around $0.0133–$0.0137

Recent movement: rose +18–30% in 24h, showing strong dynamism on gate.com.

Daily volume: exceeding $70–80M USDT on Binance.

⚖️ Risk profile and opportunities

High volatility: after an airdrop that rose +800% on the same day, it showed drops and historical highs close to $0.07

Massive token burn: 12 billion (≈13.7% of the total) were burned, reducing supply and seeking to strengthen price, although it generated temporary drops

Thematic ETF on the horizon: Canary Capital filed with the SEC for an ETF composed of 80–95% PENGU and Pudgy Penguins NFTs — a promising milestone, although filled with challenges

🧭 Conclusion for investors in Binance Square

PENGU is an interesting experiment that crosses NFT, community, physical culture, and tokenization. On Binance, its pair PENGU/USDT has liquidity to trade, high visibility, and potential upside if the narrative continues.

However, the volatility is brutal, so if you are looking to diversify within the creative-community-based world, you can assign a small weight in your portfolio.

It is not for long-term holdings without risk control nor for those who prefer stable assets.