PENGU Price Jumps 20% on Whale Buying and Cboe ETF Buzz — 70% Rally Next?

Pudgy Penguins (PENGU) is outperforming the rest of the crypto market today, June 28, with a staggering 20% gain in 24 hours to trade at $0.011 at press time. Daily trading volumes also topped $294 million after jumping by 243% within 24 hours amid high market interest triggered by whale accumulation and the Cboe’s 19b-4 filing for a PENGU ETF. Amid a strong bullish sentiment, can the PENGU price surge by another 70% as a bullish pattern suggests? Let’s explore.