Pudgy Penguins NFT Adoption Sparks PENGU Rally and ETF Buzz
Major crypto platforms including Binance.US, Coinbase, OpenSea and OKX updated their social avatars to Pudgy Penguins NFT. The move reflects growing NFT culture and IP licensing value. The NFT floor price climbed to 14.19 ETH. Meanwhile, PENGU token surged over 190% in 30 days to $0.03, and jumped 31.4% in 24 hours. Partnerships with Walmart, Amazon and Hollywood distributors have expanded Pudgy Penguins’ reach. CEO Luca Netz uses TikTok and Instagram to drive viral engagement for Pudgy Penguins. Institutional interest peaked when VanEck changed its avatar, co-hosted a Nasdaq bell-ringing and filed for a Canary PENGU ETF. These developments signal a bullish outlook for PENGU token, as rising IP licensing, high-profile partnerships and ETF plans sustain trading momentum.
Bullish
The coordinated avatar updates by major exchanges highlight NFT-driven market trends. Pudgy Penguins’ NFT floor price hitting 14.19 ETH and PENGU token’s 192.7% 30-day rally demonstrate strong momentum. High-profile partnerships and VanEck’s ETF filing indicate growing institutional demand. In the short term, social media buzz and platform endorsements may drive further price spikes. Long term, sustained IP licensing and ETF inclusion could stabilize PENGU adoption in mainstream portfolios, supporting continued upside. Thus, the outlook is bullish.