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The PENGU token surged 30% in a single day after the SEC acknowledged Canary Capital’s hybrid ETF filing, combining allocations between the token and Pudgy Penguins NFTs. Analysts predict further gains if the ETF is approved, with whales accumulating and gaming partnerships adding fuel to the rally.
- SEC acknowledgment of Canary Capital's hybrid ETF filing sparked a 30% PENGU price surge, with potential for 200% gains if approved.
- Whales have accumulated $24 million in PENGU, reducing exchange supply by 8.3% since June, signaling strong holding sentiment.
- Upcoming Pudgy Party mobile game and Lufthansa partnership enhance PENGU's utility, attracting retail and gaming demand.
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