PENGU (Pudgy Penguins) rose 0.31% in the last 24 hours.

Gate News Bot news, July 2, according to CoinMarketCap data, PENGU (Pudgy Penguins) is currently priced at $0.01, with a rise of 0.31% in the last 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $918 million, an increase of $2.86 million compared to yesterday. Currently, PENGU ranks 74th in the global Crypto Assets market capitalization.

Pudgy Penguins is a global intellectual property brand focused on promoting penguins, meme culture, and a positive atmosphere. The project aims to inspire creativity, freedom, and community spirit through various forms such as content, merchandise, toys, and digital collectibles. Pudgy Penguins emphasizes the importance of play and imagination, aiming to help users unleash their inner child.

PENGU recent important news:

1️⃣ PENGU continues to lead the popularity rankings In the past few days, PENGU (Pudgy Penguins) has consistently ranked high in 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 prices.

2️⃣ Trading volume significantly increases 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 institutional investors' attention, thereby having a positive impact on PENGU's price.

From a technical perspective, the price trend of PENGU shows a strong rise, maintaining a position at the forefront of popular coin rankings for several consecutive days. On the fundamental side, the Pudgy Penguins brand continues to expand 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 to be taken as investment advice; investors should be aware of market volatility risks.