Move Over Dogecoin, Shiba Inu—Pudgy Penguins' PENGU Is The 'Most Asymmetric Bet In Crypto'

Pudgy Penguins native token PENGU PENGU/USD is gaining attention thanks to its growing adoption and strong fundamentals, prompting some to call it one of the most asymmetric bets in the market.

Trader Notes: Zer0 argues that while many view PENGU as just another meme coin, it may be the most underestimated and asymmetric opportunity in crypto today:

• Regulatory Traction: PENGU is under formal SEC review via a 19b-4 filing, placing it in the same category as major blue-chip tokens.
• CBOE Support: The Chicago Board Options Exchange (CBOE) is backing the filing—an unprecedented move for a memecoin.
• Asian Market Adoption: Strong traction in Korea and China, where PENGU is being embraced as a cultural mascot by serious alpha groups.
• Established IP: Backed by the widely recognized Pudgy Penguins brand, giving it a meme and merchandise edge.
• Bullish Chart Structure: PENGU's chart mirrors Dogecoin's pre-2021 rally, with higher lows, building volume, and strong support.
• Transparency: PENGU offers a public dashboard with real-time data, setting it apart from most meme coins.

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Statistics: As per official data, PENGU holders stand at 872,994 while the total Pengu burned is at $375.4 million representing 13.7% of total supply.

Community News: Pudgy Penguins recently announced PENGU's listing on Robinhood's advanced trading platform, making the token more accessible to a broader investor base and potentially boosting liquidity and inflows.

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• OG: Pudgy Penguins Reverses Downsides, Beats Bitcoin, Dogecoin In Daily Gains — Analyst Expects Another 24% Upside If This Happens

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