PENGU on a Rampage on Binance, Gemini Listing
PENGU token increased by over a third within a week because of strategic advancements and renewed market interest.

Quick overview
- PENGU token surged over 33% in a week, driven by strategic advancements and renewed market interest.
- The token's holder count has exceeded 868,000, reflecting increased adoption among investors.
- Gemini has begun supporting PENGU transactions, while Binance Futures announced new perpetual contracts for the token.
- The upcoming regulatory update and the launch of a portable game are expected to further enhance PENGU's market presence.
PENGU token increased by over a third within a week amid strategic advancements and renewed market interest. Although it hasn’t reached its all-time high of $0.069 from December 2024, PENGU’s metrics show increased activity: open interest has risen 31 percent to $748 million, and trading volume has grown 42 percent to $6 billion.
The token’s holder count has surpassed 868,000, indicating broader adoption among both retail and institutional investors. The token’s price climbed to approximately $0.04121 after a 384 percent rally over the past month. This upward trend reverses a prolonged downtrend. Gemini now supports PENGU deposits, withdrawals, and trading, and Binance Futures announced USDS-M PENGU/USDC perpetual contracts starting July 23.
These developments are expected to boost liquidity and accessibility. Analysts note that, based on typical SEC timelines, a regulatory update around mid-August is likely, fueling speculation about a possible PENGU ETF. The ETF hype has increased both institutional and retail interest, accelerating the token’s growth even without official confirmation.
The surge also coincides with the fourth anniversary of the Pudgy Penguins NFT collection, which remains linked to the Igloo brand and the PENGU token. Analysts attribute the recent strength in the token market to renewed ecosystem activity, resulting in higher NFT engagement.
Another factor bolstering bullish sentiment is the announcement of a portable game to be available on Google Play and Apple’s App Store.
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