The chart of $PENGU's butt is truly impeccable, +100% in just one week.
@pudgypenguins NFT has also increased by 50% from the previous bottom.
But it's not random for a "memecoin" to rise like that, right guys? There must be something behind it.
So what does PENGU have:
1. A "huge" community & partners
- Over 560K holders.
- Pudgy World (3D virtual universe)
- Walmart partnering with Penguin toys
- The game "Pudgy Party" will launch in August
- Coinbase, MoonPay, and VanEck,... are using Pudgy avatars (PFPs)
2. SEC accepting PENGU ETF
In the proposal, 80-95% of the fund's assets will be allocated to the $PENGU token, 5-15% for Pudgy Penguins NFTs.
Unlike $DOODLE or $ANIME, PENGU has proven to everyone that they are not letting the chart drift. However, let's wait and see if these "big players" in NFTs will push their token back up!
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