PENGU (Pudgy Penguins) rose 2.67% in the last 24 hours.

Gate News Bot news, July 1, according to CoinMarketCap data, PENGU (Pudgy Penguins) is currently priced at $0.01, with a rise of 2.67% in the last 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $916 million, an increase of $23.9 million compared to yesterday. PENGU currently ranks 74th in global Crypto Assets market capitalization.

Pudgy Penguins is a global IP brand focused on promoting penguins, meme culture, and a positive atmosphere. The project produces content, merchandise, toys, and digital collectibles, dedicated to helping users unleash their inner child through the power of play and imagination. The Pudgy Penguins brand encourages creativity, freedom, and community spirit, creating a warm world of penguin family for users.

PENGU's recent important news:

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

2️⃣ Significant increase in trading volume On major trading platforms, the trading volume of Pengu has significantly increased. For example, in the Korean won trading market of a certain South 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) has 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 seeking to enter the traditional financial market, which may attract more attention from institutional investors and have a positive impact on the price of PENGU.

From a technical perspective, the price trend of PENGU shows a strong rise, maintaining a leading position in the popular coin 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 does not constitute investment advice, and investors should be aware of market volatility risks.