{"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:\/\/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:\/\/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:\/\/investx.fr\/en\/crypto-investing\/buy\/bitcoin\/\">Bitcoin<\/a> and <a href=\"https:\/\/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:\/\/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:\/\/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:\/\/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:\/\/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:\/\/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:\/\/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,"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 v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\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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Je suis \u00e9galement form\u00e9 au trading et \u00e0 l\u2019analyse technique depuis plus d\u2019un an sur le march\u00e9 des cryptomonnaies, mais \u00e9galement sur le forex et les m\u00e9taux pr\u00e9cieux comme l\u2019or ou le silver. J\u2019ai obtenu un dipl\u00f4me de la Crypto Academy sur les fondamentaux techniques du Bitcoin et poss\u00e8de une exp\u00e9rience de plus de 5 ans dans le journalisme et l\u2019\u00e9criture d\u2019articles p\u00e9dagogiques. J\u2019ai notamment \u00e9crit de nombreuses masterclass pour \u00e9duquer les nouveaux venus dans l'industrie et plus de 10 000 articles et news.J\u2019ai \u00e9galement pu interviewer de nombreux fondateurs et cr\u00e9ateurs de projets dans la crypto comme Marc Lebreton (chef marketing de la blockchain SUI), EJ Ayala (Coinbase US et Draftkings), et d\u2019autres projets comme Polyhedra (Eric Vreeland), Usual (Adli Takkal Bataille), ou encore Humanity Protocol (Jade Gu). J\u2019ai plong\u00e9 dans la cryptomonnaie il y a plus de 3 ans et continue de mettre tout en \u0153uvre pour fournir du contenu de qualit\u00e9, avec de l\u2019expertise et la neutralit\u00e9 attendue d\u2019un journaliste. Retrouvez moi aussi sur X pour des analyses et sur Linkedin pour me contacter.","sameAs":["https:\/\/www.linkedin.com\/in\/charles-ledoux-508392239\/","https:\/\/x.com\/charl3li"],"url":"https:\/\/investx.fr\/en\/author\/charles-ledoux\/"}]}},"_links":{"self":[{"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/posts\/12052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/comments?post=12052"}],"version-history":[{"count":2,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/posts\/12052\/revisions"}],"predecessor-version":[{"id":12054,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/posts\/12052\/revisions\/12054"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/media\/12051"}],"wp:attachment":[{"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/media?parent=12052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/categories?post=12052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investx.fr\/en\/wp-json\/wp\/v2\/tags?post=12052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}