<ul data-eligibleForWebStory="true"><li>PENGU token, tied to the Pudgy Penguins NFT brand and powered by Solana's blockchain, has surged in price and popularity recently.</li><li>Whales have been accumulating PENGU tokens aggressively, with a recent surge of 200 million tokens purchased in 24 hours, indicating bullish sentiment.</li><li>The confirmation of an ETF filing involving PENGU on the Cboe exchange has sparked institutional interest, potentially leading to broader adoption and validation.</li><li>Pudgy Penguins NFT ecosystem is experiencing increased trading volume, partnerships, and brand recognition, adding to PENGU's unique value proposition in the memecoin market.</li></ul>

PENGU Token Hype Explained: Why It’s Surging and What to Expect Next

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