<ul data-eligibleForWebStory="false"><li>PENGU Token, associated with Pudgy Penguins, surged by 47% in the past week, adding $300 million to its market capitalization, despite crypto market fluctuations.</li><li>Whale investors acquired nearly 240 million PENGU tokens, demonstrating growing optimism among experienced market players.</li><li>Pudgy Penguins NFT volume rose by 191% amidst a 33.8% increase in the overall NFT market, driven by the upcoming mobile game 'Pudgy Party' to broaden the project's ecosystem.</li><li>Analysts anticipate a breakout for PENGU above $0.017, with bullish upside targets reaching as high as $0.1774, drawing parallels to past meme coin success.</li></ul>

PENGU Token Rockets 47% Amid NFT Market Surge and Growing Institutional Backing

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