The Coinbase broke its usual blue logo on X, posting a pudgy penguin that could not be said to be a token as a picture of its profile next to the “New PFP, Dec.”
Minutes later, Penguin, the native token of the Penguin -themed ecosystem, began surging. The token rose more than 60% on the rally before enduring a correction, but more than 35% for the week.
The official Pudgy Penguins account reflects the move, sending the matching of ice-blue avatar gliding throughout the feeds and leading to the conversation of a collaboration between Coinbase and Igloo Inc., the start that comes from the collection. Different companies associated with crypto, including Vaneck, Moonpayand AWAYENTAX, Ever since their profile photos have changed in pudgy penguins.
The stunt also raised the price of the Pudgy Penguin NFTs floor, which earlier this week around 9 ETH, and quickly jumped to 11.58 ETH according to Nftpricefloor data. The volume for project NFT has grown almost 690% in the last 24 hours.
Coinbase changed its profile photo to a brief account extraction from pseudonymous Crypto Twitter Personality AlexonChain, who had previously Social Media Account led of the leading cryptocurrency exchange Binance for four years.
After the acquisition, Coinbase announced that they had hired Alexonchain as their first full-time “CT lead.”
“The new focus makes Comm more native social – directly, transparent, and engaging. That’s the path to developing a greater appreciation of everything they have contributed to this space (Which are many)And to help contact CT again, “Alex said in a post.” It’s a big job, it’s not going to be easy, and that’s why I took it. “
PENGU price increases will also come as US Securities and Exchange Commission (Sec) identified File of Canary Capital for a Pengugu ETF spot.
