<ul data-eligibleForWebStory="false"><li>PENGU surged 30% after the SEC acknowledged Canary Capital's hybrid ETF filing for the token and NFT, with a potential 200% gain if approved by August.</li><li>The surge in PENGU's price was triggered by the SEC's acknowledgment, driving daily trading volume up over 400%.</li><li>Supply pressure on exchanges for PENGU declined by 8.3%, coinciding with a surge in open interest in derivatives markets and accumulation by large wallets.</li><li>Pudgy Penguins' collaboration with Mythical Games for a mobile game release in August, eToro listing, and partnership with Lufthansa have further boosted PENGU's popularity and real-world utility.</li></ul>

PENGU Jumps 30% After SEC Acknowledges ETF Filing, Analyst Eyes 200% Gain

Discover more