Overview

• PENGU rose by double digits to roughly $0.037–$0.038, putting its market value above $2.3 billion, according to CoinGecko data cited across reports.
• The move followed Pudgy Penguins being featured in Bullish’s Q2 earnings materials and call, which highlighted the brand’s growth and a multi‑year agreement with parent company Igloo Inc.
• Pudgy Penguins NFT sales jumped about 140% in 24 hours alongside increases in buyers and sellers, signaling a rebound in marketplace activity.
• Market indicators showed elevated participation, with 24‑hour spot volume up sharply, futures open interest rising around 21%, and a sustained positive funding rate.
• Analysts point to bullish technical setups with near‑term targets commonly around $0.045 and scenario paths up to $0.09, while a Canary Capital spot PENGU ETF remains under SEC review.