Pudgy Penguins' PENGU Token Surges 5.7% Amid Mainstream Push

Pudgy Penguins' PENGU token has gained 5.7% in value over the past 24 hours, reaching $0.00795. The token's volume reached $141 million during this period.

The project, which began as an NFT collection in 2021, expanded into physical merchandise and retail licensing before launching a fungible token called PENGU in late 2024. This token allows holders of the original NFT collection to participate directly in the brand's financial activity.

The brand has been featured in ETF commercials, according to CoinGecko's project description, although this claim could not be independently verified. If true, it would mark a significant milestone for Pudgy Penguins as the first NFT-originated project to reach mainstream financial advertising.