Latest Market News & Updates Pudgy Penguins
by Crypto.com Coins AI. Last updated on 18 August 2026 at 10:31 UTC
2026-01-12 - SEC delays decisions on PENGU and T. Rowe crypto ETFs, seeks public input on Grayscale options fund.
2025-09-12 - PENGU open interest hits record 7.78 billion coins as altcoin season strengthens, signaling trader optimism.
2025-08-29 - PENGU token drops 20% in August despite Pudgy Party game launch and strong app store performance.
Pudgy Penguins (PENGU) Latest Market News & Updates
2025-08-29
PENGU Token Drops 20% Amid Pudgy Party Game Launch
On August 29, Pudgy Penguins launched their Pudgy Party game, which quickly garnered over 50,000 downloads and became one of the top games on app stores. However, despite the positive traction in gaming, the native PENGU token experienced a sharp decline, losing over 20% in August and falling nearly 4% on launch day. This drop coincided with a broader downturn in the NFT market, affecting other major projects like Bored Ape Yacht Club and leading to a decrease in the overall NFT market cap from $9.3 billion to $7.4 billion. Source
2025-09-12
PENGU Open Interest Surges as Altcoin Season Gains Momentum
On September 12, PENGU open interest surged to a record high of 7.78 billion coins, coinciding with a bullish phase in the altcoin market. While Bitcoin retreated below $115,000 from previous highs, smaller tokens including MYX, HASH, and PUMP posted double-digit gains. Futures tied to the top 10 cryptocurrencies increased by 3%-5%, reflecting strong trader optimism. However, the market was also rattled by a $1.2 million hack involving Thorchain, reportedly linked to North Korean actors. Source
2026-01-12
SEC Delays PENGU and T. Rowe Crypto ETFs, Grayscale Seeks Options Approval
On January 12, 2026, the SEC postponed its decisions on two cryptocurrency ETFs, including one involving PENGU, and initiated a public comment period regarding options tied to a Grayscale multi-asset crypto fund. This move signals ongoing regulatory caution and a desire for broader industry feedback before approving new financial instruments. Source
Pudgy Penguins (PENGU) Top Social Activity & Market Sentiment
Top mentions of Pudgy Penguins from X and Reddit2025-08-29 @NFTGod
Pudgy Penguins just launched Pudgy Party and it’s already hit 50k+ downloads! Despite the hype, PENGU token dropped ~4% today. NFT market still looks shaky overall. #NFTs #PudgyPenguins
2025-08-29 @punk6529
Pudgy Penguins’ Pudgy Party is now a top app store game, but PENGU token continues to slide. NFT market cap has dropped from $9.3B to $7.4B since last month.
2025-08-29 u/CryptoWizard101
Saw Pudgy Penguins’ Pudgy Party game trending, but their $PENGU token down 20% in August. Seems even strong launches can’t offset overall NFT market decline right now.
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