Coinbase’s Pudgy Penguin Avatar Change, ETF Hopes Ignite 60% PENGU Rally

Coinbase’s Pudgy Penguin Avatar Change, ETF Hopes Ignite 60% PENGU Rally

The move also lifted the floor price of Pudgy Penguin NFTs and increased volume by nearly 690%.

Coinbase’s Pudgy Penguin Avatar Change, ETF Hopes Ignite 60% PENGU Rally - Data Intelligence

Coinbase broke with its usual blue logo on X, posting a Pudgy Penguins non-fungible token as its profile picture alongside the quip “new pfp, who dis.” Minutes later, PENGU, the native token of the penguin-themed ecosystem, started surging. The token rose more than 60% in the rally before enduring a correction, but it’s still up more than 35% for the week. The official Pudgy Penguins account mirrored the move, sending matching ice-blue avatars g…

Pudgy Penguins Soar: OpenSea's Strategic Embrace Signals Major NFT Trend

BitcoinWorld Pudgy Penguins Soar: OpenSea’s Strategic Embrace Signals Major NFT Trend In a fascinating turn of events that has sent ripples across the digital asset landscape, two titans of the cryptocurrency world, OpenSea and Coinbase, have made a striking statement by updating their official X (formerly Twitter) profile pictures to feature a Pudgy Penguin NFT. This isn’t just a simple change of avatar; it’s a powerful signal, a nod to a rapid…