PENGU (Pudgy Penguins) rose 10.24% in the last 24 hours

Gate News Bot news, on June 30, according to CoinMarketCap, as of the time of writing, PENGU (Pudgy Penguins) is currently reported at $0.01, with a rise of 10.24% in the last 24 hours, reaching a high of $0.01 and a low of $0.01. The current market capitalization is approximately $903 million, an increase of $83.8 million compared to yesterday.

Pudgy Penguins is a global IP brand focused on spreading penguin culture, meme culture, and positive energy. The brand produces content, merchandise, toys, and digital collectibles, dedicated to helping users unleash their inner child. Pudgy Penguins believes in the power of play and imagination, cultivating brand culture through creativity, freedom, and community.

Important news about PENGU recently:

1️⃣ PENGU continues to lead the popularity rankings In the past few days, PENGU (Pudgy Penguins) has consistently ranked at the top of the cryptocurrency popularity chart, reflecting the market's high interest in the project. This sustained popularity is likely one of the main factors driving the rise in PENGU's price.

2️⃣ PENGU trading volume has significantly increased The trading volume of PENGU has significantly increased on major trading platforms. For example, in the Korean won trading market of a certain Korean exchange, the PENGU trading pair ranks second, accounting for a considerable share. The increase in trading volume is usually positively correlated with price fluctuations, which may explain the recent price rise of PENGU.

3️⃣ Canary PENGU ETF application submitted The Chicago Board Options Exchange (CBOE) submitted a 19b-4 application for the Canary PENGU ETF to the U.S. Securities and Exchange Commission (SEC). This move indicates that PENGU is looking to enter the traditional financial market, which could attract more institutional investors' attention, thereby having a positive impact on PENGU's price.

From a technical perspective, the price trend of PENGU shows a strong rise, staying at the forefront of the popular cryptocurrency rankings for several consecutive days. On the fundamental side, the Pudgy Penguins brand is continuously expanding its influence, extending from the NFT project to broader IP development. This diversification strategy may provide long-term value support for the PENGU token.

This message is not to be considered as investment advice; investors should be aware of market volatility risks.