🚨 #PENGUETF Filed, But Price Drops 10%! 🚨


Canary Capital’s $PENGU ETF filing on March 20 sent daily trading volume up 45% to $135M, yet the token fell 10% to $0.0062. Why? 🤔


🔹 #ETF Details: Tracks PENGU + Pudgy Penguins NFTs, using SOL & ETH for transactions.

🔹 Market Reaction: Skepticism over low retail demand & #NFT exposure fueled selling pressure.

🔹 Meme Coin ETF Struggles: Like DOGE, PENGU faces uncertain investor interest despite listings on major platforms.


Will PENGU bounce back or fade into the meme coin abyss? 📉🐧 #Altcoin Season#

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March 22, 2025 at 9:03 AM
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