Key takeout
Coinbase switching to Pudgy Penguins NFT in X Profile Images despatched as much as 13% Penguin tokens. This transformation has triggered vital volatility within the Pengu token market.
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In keeping with Binance information, Pengu Token jumped 13% after Coinbase up to date its official X-profile picture to Pudgy Penguins NFT.
The brand new Coinbase profile picture beforehand used Binance to imagine the position of Head of Crypto Twitter Communications, strengthening the corporate’s public message and group ties.
Alex took over our account for an hour. Now we’re taking him without end.
Welcome to @AlexonChain at Coinbase.
(Legally, it ought to be identified that Alex has not been technically concerned without end and has a really regular employment settlement with the corporate.) https://t.co/dmknn2wffd
– Coinbase🛡️ (@coinbase) July 11, 2025
“Regular job bulletins are boring. I needed to do one thing totally different, and I felt that the Twitter acquisition was proper,” Alex stated in an announcement Friday.
“The brand new focus is making Comms extra socially native – direct, clear, engaging. It is a path to constructing an enormous appreciation for every part they contributed to this house (and loads) and serving to them reconnect with CT. They’ve already labored on it and I’ve joined in a part of that change,” he added.
On the time of writing, Penn has modified palms over 20% within the final 24 hours for round $0.023. The tokens regained upward momentum from Wednesday. The Bitcoin rally lifted the whole crypto market.
Moreover, the current recognition of Canary Capital’s Spot Pengu ETF utility, the SEC has additionally just lately been acknowledged, and constructive regulatory improvement has additionally helped to spice up its momentum.
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