PENGU Token Surges 17.88% on Binance Amid ETF Filing, Whale Accumulation, and $361M Volume Spike

PENGUUSDT experienced a 17.88% price increase over the last 24 hours on Binance, rising from 0.010224 to 0.012052. This surge is primarily attributed to significant market developments, including the Cboe’s filing for a Canary PENGU ETF that integrates tokenized assets and NFTs, which has attracted notable institutional interest and speculation about potential ETF approval. Additional momentum was provided by increased whale accumulation, with major wallet holdings rising 11% in the past month, as well as heightened visibility from recent brand partnerships and events. Trading volume reached between $278 million and $361 million in the past day, reflecting a substantial increase of over 200%, and the market capitalization is now near $700 million, placing PENGU among the top gainers in the market.