PENGU Hits Record Volume. Token up Over 20% – How Far Will it Go?

Meme Coins PENGU Pudgy Penguins Pudgy Penguins token has exploded nearly 35% weekly gain on Wednesday, with a 54% increase in trading volume in the past 24 hours. Author Sujha Sundararajan Author Sujha Sundararajan About Author Sujha has been recognised as ? Women In Crypto 2024 ? by BeInCrypto for her leadership in crypto journalism. Author Profile Share Copied Last updated: July 23, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews Pudgy Penguins (PENGU) is clearly showing fresh breakout signals after reclaiming key levels, thanks to rising whale activity. According to CoinMarketCap data, the token rose to over 20% in the last 24 hours, trading at $0.04420 at the time of writing. PENGU’s parabolic trend seems like that $0.05 target is achievable. The primary catalyst is the institutional FOMO triggered by Canary Capital’s PENGU/NFT ETF proposal, which was acknowledged by the US SEC early this month. The filing, if approved, would mark the first memecoin ETF with NFT exposure. Additionally, the token witnessed increased buying activity from major investors, propelling its market capitalization beyond $2 billion. PENGU Soars Nearly 35% in Past Week. Pudgy Penguins token has exploded nearly 35% weekly gain on Wednesday, with a 54% increase in trading volume in the past 24 hours. As reported earlier, whale wallets have scooped roughly 200 million PENGU since the start of July, indicating aggressive institutional... https://cryptonews.com/news/pengu-hits-record-volume-token-up-over-20-how-far-will-it-go/ #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple