$PENGU

Reasons for the Hype

ETF Speculation:

A “Canary PENGU ETF” filing has been acknowledged by the SEC (not approved yet). This speculation alone pushed the price up by ~32% in the past week.

NFT Ecosystem:

Pudgy Penguins’ NFT sales volume is up sharply again (over 1,000 ETH/day) — which supports the token’s narrative and community hype.

Technical Signals:

Broke out of a descending channel and flipped old resistance ($0.0175) into support.

TradingView indicators: most signals point to “Strong Buy”.

Short-term targets around $0.024 — mid-term fractal pattern hints at possible run to $0.045+ if momentum holds.