Yo, crypto fam! Coinbase just shook things up by swapping their X profile pic to a Pudgy Penguin NFT, and the $PENGU token went wild, rocketing 60% before chilling a bit. It’s still up 35% this week! 🚀 The move also pumped Pudgy Penguin NFT prices, with the floor price jumping from 9 $ETH to 11.58 ETH and trading volume exploding by 690%. 😱

Why the hype? Coinbase hired Crypto Twitter star AlexOnChain as their “CT Lead” to spice up their social game. Alex kicked things off with a cheeky “new pfp, who dis” post, and the Pudgy Penguins crew matched the vibe with icy-blue avatars. Now everyone’s buzzing about a possible Coinbase-Igloo Inc. collab. 👀 Other big players like VanEck and MoonPay jumped on the penguin train, swapping their PFPs too!

Oh, and the cherry on top? The SEC just gave a nod to Canary Capital’s spot $PENGU ETF filing. Could this be the start of a meme coin ETF era? 🐧📈

What’s your take? Is PENGU the next big meme coin, or just a cute pump? Drop your thoughts below! 👇

#crypto #pengu #Web3