PENGU Token Volatility Surges Amid ETF Filing, NFT Boom, and Major Exchange Listings

PENGUUSDT experienced significant volatility over the past week, driven primarily by speculation around the proposed Canary PENGU ETF, a surge in NFT mint activity, and increased attention on the Solana ecosystem. Major news catalysts included the CBOE BZX Exchange’s ETF filing, high-profile exchange listings, and brand partnerships, all contributing to heightened institutional and retail interest. However, despite earlier gains of up to 15–25% on ETF optimism and record trading volumes, the latest 24-hour period saw PENGUUSDT decline by 4.99%, opening at 0.014342 and currently trading at 0.013626 on Binance. This pullback follows a period of rapid price appreciation and may reflect short-term profit-taking after recent rallies, as well as typical memecoin volatility. Trading volume remains elevated, and market capitalization is in the $700M–$886M range, with the asset ranked in the top 110 by market cap. Overall, PENGUUSDT continues to trade actively with strong community engagement, but recent price action suggests a consolidation phase following news-driven surges.