About This Trend
$PENGU is a cryptocurrency associated with the Pudgy Penguins project.
Why is it trending?
The recent surge in $PENGU's price, up 33% in 24 hours, follows Coinbase updating its X profile picture to feature the Pudgy Penguin, sparking speculation. The coin's trading volume exceeds $2 billion, with a market cap of $1.34 billion. Additionally, the creator wallet transferred 265 million $PENGU tokens, valued at $6.09 million, to new wallets, further fueling interest. The coin's listing on HyperliquidX and strong social media engagement have also contributed to its momentum.