PENGU's Burn Backfired, Yet ETF Hopes Ignite Meme Coin's Future
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最新报道：$PENGU, the native token of the Pudgy Penguins NFT ecosystem, saw mixed performance in 2025 amid meme and NFT market volatility. After burning 12.16 billion tokens (13.69% of supply) in February, the price dropped nearly 8% in 24 hours, raising questions about token burn efficacy. However, a 212% surge in late March followed institutional interest, including a proposed PENGU-NFT ETF filing by Canary Capital and high-profile corporate avatar adoptions. Despite an August downturn of over 20% amid broader NFT market weakness, $PENGU showed technical strength with whale accumulation and potential ETF developments, positioning it for continued attention.
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