PENGU Jump 50% Because of ETF Prospect and Gemini Listing
PENGU rise almost 50%, climb from $0.032 go $0.047 afta US SEC review Canary Capital first memecoin-and-NFT ETF proposal plus new listing for Gemini. Di token na rank 43rd for market cap afta pass Bonk and Polygon’s MATIC, plus don double im weekly volume to over $1 billion for Binance, Bitget and OKX. High-profile partnership wit NASCAR and Lufthansa don boost interest together wit strong whale accumulation of 200 million PENGU. Technical indicators show strong breakout channel to $0.05, but daily RSI of 85 and $55 million move to exchanges mean possible short-term consolidation.
Bullish
Positive triggers like di SEC review of di Canary Spot PENGU ETF, high-profile Gemini listing and strategic partnerships don drive serious price and volume growth, show say institutional plus retail dey really interested. Whale dem dey accumulate and sustained breakout channel dey support more upside reach $0.05 and beyond. But overbought RSI plus token inflows to exchange dem show say short-term consolidation fit happen before e continue. Overall, combination of fundamental catalysts and technical momentum show bullish outlook for PENGU for near and medium term.