Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Crypto.com Custody Brings Institutional Power to TON Blockchain

July 7, 2025

BNK Group’s Revolutionary Step Towards Digital Finance

July 7, 2025

CoreWeave acquires data center provider Core Scientific in $9B stock deal

July 7, 2025

Here’s When Bitcoin Bull Market Could Come Into Question, According to Analyst Benjamin Cowen

July 7, 2025

XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029

July 7, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029

    July 7, 2025

    Ethereum Eyes 16.7M Gas Cap Under Vitalik Buterin’s New Proposal

    July 7, 2025

    Bitcoin To Repeat Parabolic Phase From 2017 And 2021? Here’s The Target

    July 7, 2025

    BioMatrix Surpasses 5 Million Verified Users, Setting New Standards for Real Human Engagement in Web3

    July 7, 2025

    Ethereum Breaks Higher With Conviction: No Signs Of A Breakdown Yet

    July 7, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Altcoins » PENGU Soars 10% After Going Live on eToro
Altcoins

PENGU Soars 10% After Going Live on eToro

Crypto Observer StaffBy Crypto Observer StaffJuly 7, 2025No Comments3 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email
  • PENGU surged in attention after being listed on eToro, bringing greater exposure to its growing ecosystem.
  • The listing increases PENGU’s credibility, reaching broader exposure through a regulated and widely-used platform.

The price of the PENGU token skyrocketed by around 10% in just a short time after it was officially listed on eToro. This move seems to be a new trigger that paves the way for Pudgy Penguins—the Web3 project behind the token—to reach more investors from various circles, including those who were previously more familiar with traditional markets.

For those who are not familiar with it, eToro is known as a global investment platform that is often used as an entry point for ordinary users to the world of crypto. No need to bother setting up a wallet, no need to worry about gas fees, just click and buy.

So as soon as PENGU appeared on the platform, its exposure immediately expanded. It is not surprising that in just a matter of hours, the price of this token has shown a fairly noticeable spike. And this is not the first time a crypto token has skyrocketed after being listed there.

$PENGU is now live and tradable on @eToro! pic.twitter.com/w7yoBH8mFz

— Pudgy Penguins (@pudgypenguins) July 5, 2025

PENGU’s World Grows With Telegram Games and Travel Perks

On the other hand, a few days before the launch on eToro, CNF reported that Cboe had officially filed a 19b-4 form with the SEC to launch an ETF called Canary PENGU. The ETF will be the first to combine memecoins and NFTs in one traditional market instrument—if approved, it could be a unique bridge between the Web3 world and the more mainstream financial markets.

The project’s expansion doesn’t stop there, Pudgy Penguins is also continuing to build its interactive ecosystem. In late June, they launched a Telegram-based game called Pengu Clash. Within a week, the game had been played more than 170,000 times by more than 60,000 unique players.

That’s quite a surprising number, especially considering that this is just a casual game accessed via a chat app. But that’s where its strength lies—easy to access, quick to play, and perfect for those who are curious but not yet ready to dive too deep into the Web3 world.

Furthermore, their strategy also includes integration with real life. In mid-June, the Pudgy team announced that users can now earn Lufthansa miles every time they shop at the Pudgy Shop, using either fiat or PENGU tokens. So imagine, you buy cute merchandise, and get miles to fly. It’s arguably one of the most sensible ways a Web3 project has ever connected crypto to real-world benefits.

The successful listing on eToro is a strong signal that PENGU is not just a meme token that’s just buzzing around on X. It’s starting to play a bigger role—not just in terms of user expansion, but also integration with the financial system overseen by regulators. And if the PENGU Canary ETF is actually approved, it’s possible that this project will become an even bigger topic of conversation in various financial forums.



Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

can bulls break the $2.42 barrier?

July 7, 2025

BONK Leads Top Weekly Crypto Gainers, PENGU, FARTCOIN, XDC, ARB & Others Dominate the Market

July 7, 2025

Dow Jones down 500 points after Trump’s tariff deadline looms

July 7, 2025

Binance’s CZ Mulls UAE Golden Visas for BNB Holders

July 7, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Crypto.com Custody Brings Institutional Power to TON Blockchain

July 7, 2025

BNK Group’s Revolutionary Step Towards Digital Finance

July 7, 2025

CoreWeave acquires data center provider Core Scientific in $9B stock deal

July 7, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Ethereum Eyes 16.7M Gas Cap Under Vitalik Buterin’s New Proposal

July 7, 2025

Bitcoin To Repeat Parabolic Phase From 2017 And 2021? Here’s The Target

July 7, 2025

BioMatrix Surpasses 5 Million Verified Users, Setting New Standards for Real Human Engagement in Web3

July 7, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.