PENGU (Pudgy Penguins) rose 6.19% in 24 hours

Gate News Bot news, July 4th, according to CoinMarketCap data, as of the time of writing, PENGU (Pudgy Penguins) is currently priced at $0.02, up 6.19% in the last 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $1.05 billion, an increase of $61.2 million compared to yesterday. Ranked 68th.

Pudgy Penguins is a global IP brand focused on penguins, internet culture, and a positive atmosphere. 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 and is committed to providing users with a warm penguin family experience.

PENGU recent important news:

1️⃣ Continuously leading the popularity rankings PENGU (Pudgy Penguins) has recently maintained a prominent position in the cryptocurrency popularity rankings, reflecting the market's high level of attention towards the project. This sustained popularity is likely one of the main factors driving the rise in PENGU prices.

2️⃣ Trading volume has significantly increased The trading volume of PENGU has significantly increased on major trading platforms. Especially in the Korean won trading market of a certain Korean exchange, PENGU trading pairs rank second, with 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 seeking to enter the traditional financial market, potentially attracting more attention from institutional investors, which could positively impact the price of PENGU.

From a technical perspective, the price trend of PENGU shows a strong rise, maintaining its position among the top trending coins 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 intended as investment advice, and investors should be aware of market volatility risks.