Pudgy Penguins (PENGU) Price Surges 32% on Spot ETF Filing Buzz
Pudgy Penguins' native token PENGU rallied sharply after the SEC acknowledged a spot ETF filing tied to the meme coin. The 32.8% single-day gain positions PENGU as the top performer among major cryptocurrencies, with traders speculating on potential institutional validation.
Canary's ETF submission marks an unconventional twist in crypto investment products, leveraging Pudgy Penguins' brand recognition. While regulatory approval remains uncertain, the mere acknowledgment has injected volatility into PENGU markets. Order book depth suggests sustained interest at current levels.