PENGU, the memecoin inspired by Pudgy Penguins, is making headlines after the U.S. SEC acknowledged a spot ETF filing by Canary. The news sent the Solana-based token soaring nearly 30%, hitting its 6-month high. It was also the top-performing crypto in the Top 100 today on Coingecko.
ETF Buzz Lifts PENGU
It is currently trading at $0.01956, up 33% in the last 24 hours. Its market cap has surged past $1.2 billion, with a 24-hour trading volume exceeding $700 million.
The proposed ETF will invest mostly in PENGU tokens (80–95%) and a smaller portion…
United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million. “These increases were… Source link
