Pudgy Penguins Rockets on ETF Buzz, Analysts Predict Explosive Rally to $0.060

• Pudgy Penguins rose 12.53% to $0.01662, and the market cap exceeded $1.04 billion based on news of the ETF filing.
• The proposed ETF allocates 80–95% to PENGU, 5–15% to Pudgy Penguins NFTs, plus SOL and ETH.
• PENGU ETF could lead the charge in integrating memecoin into finance, combining NFTs, top cryptos, and institutional support.

Solana-based memecoin PENGU has risen by 12.53% in the last 24 hours to $0.01662. The uptick comes after the SEC officially acknowledged the Canary Spot PENGU ETF filing. 

With surging investor interest, the market cap of PENGU has topped $1.04 billion, backed by the $275.8 million increase in the trading volume. Trading has heated up, with 24-hour volume of PENGU soaring more than 30% to $275.8 million.