The post PENGU Price Rises 12% As Pudgy Penguins Mark 4th Anniversary  appeared on BitcoinEthereumNews.com.

The PENGU price is rising in the market once again. It has gained double digits over the past week, leading to discussions about a possible rally to new highs. Here are the factors driving the token’s increase PENGU Price Sees Renewed Momentum At the time of writing, the PENGU price is trading at around $0.04121, with a daily range of $0.0360 to $0.0458. According to CoinMarketCap data, the token has jumped as much as 12% in the last 24 hours, rallied 40% over the past week, and delivered a stunning 384% rise over the past month, a sharp reversal from last year’s slump. Source: CoinMarketCap The token still trades below its all-time high of roughly $0.069 reached in December 2024, but recent trends suggest that momentum could be rebuilding. According to WhaleInsider, Pudgy Penguin (PENGU) now has over 868,000 holders, indicating renewed interest from both large and retail investors, which has fueled its bullish run. Coinglass also reports that open interest rose 31% to about $748 million, while trading volume increased by almost 42% to about $5.99 billion. Source: Coinglass Another factor lifting sentiment is growing talk of a possible PENGU ETF. Several commentators on social media floated the idea that approval of a PENGU ETF could send the price soaring, with some suggesting it could jump to 30 cents overnight if the SEC gives the green light. While there is no official confirmation yet, many believe a decision may come between late July and mid-September 2025. This is based on typical regulatory timelines. Analysts think that mid-August could be a key time for this decision. Meanwhile, it is worth noting that this renewed momentum also coincides with the Pudgy Penguins NFTs turning four today. These NFTs and the PENGU token are tied to the Igloo brand. As such, positives…

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Filed under: News - @ July 23, 2025 3:27 pm