🐧 $PENGU Token: The First “Social Currency” to Power a Spot ETF?

In a bold move, Canary Capital has filed for a unique Spot ETF backed by the meme coin PENGU Token and Pudgy Penguins NFTs. This is the first-ever ETF combining both crypto tokens and NFTs—setting a new standard in digital finance.

🔥 What Makes It Special?

80–95% PENGU + 5–15% NFTs

This ETF treats PENGU as a “social currency”—not just a meme coin, but a community-driven asset with cultural value.

Backed by Brand & Community

PENGU’s deep link with Pudgy Penguins gives it strong brand utility, viral power, and online influence—something new in ETF logic.

📈 Market Impact

99% price rally, $2B+ trading volume after ETF news.

But a large 1.5B token transfer to Binance triggered a 15% dip, raising insider concerns.

⚠️ What to Watch

Regulatory Risk: First NFT+Token ETF—approval won’t be easy.

Volatility: Meme coin prices can move fast, both ways.

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✅ Why It Matters

This ETF could redefine value in crypto—mixing memes, NFTs, and social identity into traditional finance. Whether approved or not, $PENGU is making history.