🚀 PENGU Rockets 25% Overnight as SEC Eyes Groundbreaking NFT Memecoin ETF

The crypto market's latest underdog just got its day in the regulatory spotlight—and traders are piling in fast.

SEC greenlights review of first-ever NFT-based memecoin ETF

PENGU's 25% surge proves memes have staying power when wrapped in regulatory legitimacy. The SEC's unexpected move signals a potential shift in how the agency views hybrid digital assets—or maybe they just ran out of Bitcoin ETFs to approve. Either way, degens and institutional investors alike are suddenly united in their hunger for penguin-themed financial products.

Market analysts warn this could be the start of a dangerous new trend: 'If JPEGs of bored apes get ETF treatment, what's next—TikTok dance challenge index funds?'

PENGU’s price saw an immediate reaction. Trading Volume increased rapidly, rising 138% in 24 hours to exceed $486 million, with a market cap of $1.16 billion.

Together, the ETF filing and the game launch have turned sentiment sharply positive. If the SEC moves forward with approval, PENGU could become the first memecoin tied to a regulated fund, a first for both crypto and NFTs in traditional finance.

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