A new token is showing it's more than just a meme.

The native Pudgy Penguins token, $PENGU , just surged over 11.5% in a single day after a massive $2.98M from the deployer wallet was moved to a secure Squads Vault. This isn't just a random #pump ; it's a strategic move that signals long-term trust and commitment.

This vault transfer is a major de-risking event. By securing a large portion of the supply in a multi-signature vault, the team is showing they are serious about protecting the ecosystem and building for the long haul. This fundamental move, combined with a surge in open interest from derivatives traders, is fueling a powerful new wave of momentum.

- $2.98M in #pengu was transferred from the deployer to a secure vault.

- Open Interest for $PENGU perpetuals jumped, signaling a huge increase in fresh capital.

- The price surged +11.5% in 24 hours on the back of this news.

While most meme tokens are all hype and no substance,

$PENGU is proving it's different. The combination of its established brand and a new layer of on-chain security is painting a very bullish picture. I'm watching closely, because this could be the start of an explosive new leg up for the Pudgy Penguins ecosystem.

#memecoin🚀🚀🚀 | #PudgyPenguins | #altcoins