{"id":12052,"date":"2025-07-10T13:23:22","date_gmt":"2025-07-10T12:23:22","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=12052"},"modified":"2025-07-10T13:23:23","modified_gmt":"2025-07-10T12:23:23","slug":"pengu-price-surges-27-after-sec-etf-approval","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/pengu-price-surges-27-after-sec-etf-approval\/","title":{"rendered":"What Sparked Pudgy Penguins (PENGU) Surging 27% in Just a Few Hours ?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"pengu-surges-28-following-secs-etf-filing-validation\">PENGU Surges 28% Following SEC&#8217;s ETF Filing Validation<\/h2>\n\n\n\n<p>The value of Pudgy Penguins&#8217; memecoin (PENGU) has experienced an impressive surge of over <strong>28%<\/strong> following the announcement that the U.S. Securities and Exchange Commission (SEC) has acknowledged the <strong>ETF filing<\/strong> for the memecoin. This remarkable performance occurred while the broader <a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/\">cryptocurrency<\/a> market was struggling to gain upward momentum.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\ud83d\udea8LATEST: <a href=\"https:\/\/twitter.com\/SECGov?ref_src=twsrc%5Etfw\">@SECGov<\/a> has acknowledged filing for Canary Spot <a href=\"https:\/\/twitter.com\/search?q=%24PENGU&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PENGU<\/a> ETF, a solana-based memecoin. <a href=\"https:\/\/t.co\/NeN1FaRDyj\">pic.twitter.com\/NeN1FaRDyj<\/a><\/p>&mdash; SolanaFloor (@SolanaFloor) <a href=\"https:\/\/twitter.com\/SolanaFloor\/status\/1943040900965503218?ref_src=twsrc%5Etfw\">July 9, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>This growth follows a 2025 during which the SEC has shown a more open stance toward cryptocurrencies, notably by approving ETFs for <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/bitcoin\/\">Bitcoin<\/a> and <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/ethereum\/\">Ethereum<\/a>. Although altcoins and memecoins are still struggling to obtain this regulatory green light, the regulator now appears <strong>ready to examine these applications<\/strong> more favorably.<\/p>\n\n\n\n<p>In this context, the <strong>Canary PENGU ETF<\/strong> application, filed last March, was acknowledged by the SEC on <strong>July 9th<\/strong>. This ETF distinguishes itself by its intention to hold both PENGU tokens and Pudgy Penguins non-fungible tokens (<strong>NFTs<\/strong>), with an allocation of <strong>80 to 95%<\/strong> for the former and <strong>5 to 15%<\/strong> for the latter.<\/p>\n\n\n\n<p>Beyond this innovative structure, it&#8217;s primarily the <strong>regulatory validation<\/strong> that has electrified investors. Indeed, previous announcements related to the PENGU ETF in March and June had already triggered double-digit price jumps. This bullish momentum continues with this new milestone.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"encouraging-prospects-for-pengu\">Encouraging Prospects for PENGU<\/h2>\n\n\n\n<p>Analysts are particularly optimistic about PENGU&#8217;s future. They have identified the formation of a <strong>&#8220;cup and handle&#8221;<\/strong> pattern on the token&#8217;s chart, a technical signal indicating continued upward movement.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">unironically think <a href=\"https:\/\/twitter.com\/search?q=%24PENGU&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PENGU<\/a> may be one of the cleanest bets you can make on a burgeoning ecosystem [<a href=\"https:\/\/twitter.com\/AbstractChain?ref_src=twsrc%5Etfw\">@AbstractChain<\/a>] + memecoin index play <a href=\"https:\/\/t.co\/NuMwdZsIKh\">pic.twitter.com\/NuMwdZsIKh<\/a><\/p>&mdash; Ansem (@blknoiz06) <a href=\"https:\/\/twitter.com\/blknoiz06\/status\/1943147175535411553?ref_src=twsrc%5Etfw\">July 10, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Some experts even consider that PENGU could become one of the leading memecoins of the current market cycle, with the ETF serving as a key catalyst. It could well reach a new ATH at <strong>$0.05<\/strong> in the coming weeks.<\/p>\n\n\n\n<p>Although <a href=\"https:\/\/preprod.investx.fr\/en\/trading\/technical-indicators\/\">technical indicators<\/a>, price dynamics, and progress on the ETF are very positive, PENGU&#8217;s actual performance will depend on general market conditions, regulatory developments, and sustained investor interest. Savvy investors should therefore remain vigilant about <strong>potential turbulence<\/strong> that could affect this <strong>promising memecoin<\/strong>.<\/p>\n\n\n\n<p>Nevertheless, PENGU has everything it needs to move toward the <strong>$0.022<\/strong> zone in the coming days. This represents an upside of more than <strong>20%<\/strong>. To invest on BitMart, here&#8217;s a step-by-step guide :<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Create an Account<br><\/strong>Go to <a href=\"https:\/\/preprod.investx.fr\/go-bitmart\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Bitmart<\/a>, click &#8220;Register,&#8221; enter a valid email and secure password, then validate through the link.<\/li>\n\n\n\n<li><strong>Verify Your Identity with KYC<br><\/strong>Log in, access &#8220;Identity Verification,&#8221; submit an ID and proof of address, then wait 15-30 minutes.<\/li>\n\n\n\n<li><strong>Add Funds<br><\/strong>In &#8220;Wallet&#8221; &gt; &#8220;Deposit,&#8221; choose USDT, transfer from a wallet or deposit via card.<\/li>\n\n\n\n<li><strong>Buy the Token<br><\/strong>Go to &#8220;Spot Markets,&#8221; search for PENGU\/USDT, choose an order type, and confirm.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/preprod.investx.fr\/go-bitmart\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy PENGU easily on BitMart today !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/unlocking-40-million-in-hype-risk-or-opportunity\/\">$40 Million Worth of HYPE to Be Unlocked : Risk or Opportunity ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/solana-price-predictions-what-to-expect-today\/\">Solana Price Predictions : What to Expect Today ?<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/xrp-price-surge-outlook-technical-fundamental-analysis\/\">Ripple (XRP) Price Explodes : What&#8217;s the Outlook for the Coming Days ?<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Despite memecoins&#8217; inherent volatility, Pudgy Penguins (PENGU) are skyrocketing after SEC approval for their ETF filing. Explore how this regulatory milestone could push PENGU to new heights.<\/p>\n","protected":false},"author":32,"featured_media":12051,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"PENGU","_yoast_wpseo_title":"PENGU Surges 27% : What Triggered the Sudden Spike ?","_yoast_wpseo_metadesc":"PENGU jumps 23% after SEC\u2019s ETF approval. Explore key insights, forecasts, and what this means for Pudgy Penguins\u2019 future !","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-12052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PENGU Surges 27% : What Triggered the Sudden Spike ?<\/title>\n<meta name=\"description\" content=\"PENGU jumps 23% after SEC\u2019s ETF approval. 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