• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

PENGU Experiences Price Surge Amid ETF News

user avatar

by Giorgi Kostiuk

11 hours ago


The PENGU token demonstrates significant growth, increasing by 30% over the past 24 hours. Trading volume has also surged, attracting market participants' attention.

Reasons Behind PENGU's Surge

PENGU's rise is linked to a combination of positive technical signals and news about a new ETF filing. Data from Binance and CoinMarketCap shows that both retail and institutional players have started actively purchasing PENGU.

Technical Indicators and Trends

On the daily chart, the PENGU price has broken above a resistance level, establishing a cup-and-handle pattern. Current indicators, such as RSI and MACD, reflect a bullish sentiment, while Fibonacci levels suggest potential for further increases.

Analysis of Metrics and Market Sentiment

CoinMarketCap data indicates that large holders have increased their holdings by adding 2.18 billion PENGU tokens. The trading volume for the Pudgy Penguins NFT collection has also risen by 191%, confirming growing interest in the project.

The rise in PENGU's price has been triggered by a combination of technical factors and ETF news. Investor interest may continue to drive price increases for the token.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

REX Shares Aims for 200% Returns with TRON ETF

chest

REX Shares files for an ETF aiming to deliver 200% returns based on TRON's daily performance.

user avatarGiorgi Kostiuk

GMX Hack Leads to $42 Million Loss and Temporary Trading Halt

chest

GMX exchange suffers a $42 million hack. Trading is suspended as assets are put at risk.

user avatarGiorgi Kostiuk

XRP Surpasses $2.39, Whale Accumulation and Technical Analysis Indicate Growth

chest

XRP price reached $2.39, notable whale accumulation is observed alongside technical analysis suggesting an upcoming rise.

user avatarGiorgi Kostiuk

KuCoin Confirms High Reserve Ratios in Latest Hacken Audit

chest

KuCoin announced the successful completion of its Proof of Reserves audit, confirming reserve ratios above 110% for major cryptocurrencies.

user avatarGiorgi Kostiuk

XRP and Bitcoin: New Investment Opportunities

chest

Analysis of current trends in the cryptocurrency market with a focus on XRP and Bitcoin.

user avatarGiorgi Kostiuk

GATES Inc.'s Real Estate Tokenization on Oasys: A Revolution in Investments

chest

GATES Inc. begins tokenizing $75 million in Tokyo real estate on Oasys. A new step towards democratizing investments.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.