Pudgy Penguins (PENGU) is creating waves while entering into U.S. crypto policy debates, while seeking to grow its mainstream profile. The project’s move marks a major step beyond its meme origins. Analysts also cite sturdy bull potential, driven by increased hype surrounding a potential ETF.
At the time of writing, Pudgy Penguins (PENGU) is priced at $0.02231, with a 24-hour trading volume of $484.84 million and a market capitalization of $1.40 billion. The token has seen a 5.56% dip over the last 24 hours, but market watchers say the bigger story goes far beyond short-term price moves.

In a new announcement from Igloo, the Pudgy Penguins development team announced that they will take the Pudgy Penguins and PENGU narrative to U.S. policyholders. This will be done to inform future crypto regulations and enhance community voice in the overall digital asset ecosystem.
This act reflects how the project itself is reaching for mainstream acceptance, and this is something that has seldom been accomplished among meme coins.
Also Read | Dogecoin Chart Signals Possible Breakout as Investors Eye $0.30 Level
Meanwhile, well-known crypto analyst CryptoPulse referred to PENGU as “the sleeper meme with ETF potential.” He explained that PENGU was among the very few meme coins that had an ETF application underway, reflecting increased institutional appetite. “If the big boys are joining in, that’s a good indicator of what’s to come,” the analyst commented.
CryptoPulse also revealed that his team started buying up around $0.025 with aggressive targets between $0.40 and $1.00, signaling a possible uprising once market momentum gains momentum.

With fervor intensifying, early adopters are focusing on TooBit, a companion platform where one gets to see PENGU before a potential widespread market wakes up.
With its growing bearing on U.S. chatter and rumors of approval to launch an ETF, Pudgy Penguins could set itself up for a breakout moment both as a meme and a symbol of how toys-turned-serious cryptos have a place in crypto’s next act.
Also Read | Avalanche Price Forecast: AVAX Eyes $50 as Accumulation Builds Up