PENGU Surges Amid Bullish Predictions and Exchange Report Highlight
- PENGU, a Solana meme coin linked to the Pudgy Penguins NFT collection, rose by over double digits in the last day, reaching $0.0377.
- Predictors on Myriad are optimistic about PENGU’s price increasing by an additional 34% to $0.05, with a current probability of this happening at 67%.
- The recent surge follows PENGU’s inclusion in the earnings report of Bullish, a publicly traded exchange, highlighting its growing popularity.
- Pudgy Penguins’ Ethereum NFT floor price has remained stable over the past week at approximately $47,900 but is still down significantly from its peak.
- The likelihood of a PENGU ETF being approved before October has decreased sharply to just an 8.4% chance.
PENGU’s recent price increase aligns with bullish predictions and highlights from a major exchange report, showcasing its rising prominence in the crypto space despite challenges like ETF approval odds remaining low.
(Source)