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

coindesk.com/markets/2025/07/12/coinbases-pudgy-penguin-avatar-change-etf-hopes-ignite-60-pengu-rally

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…

This story appeared on coindesk.com, 2025-07-12 14:22:58.
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