Pudgy Penguins Rallies 10% Amid Korea Blockchain Week Activation

The price of $PENGU rose 10.24% to over $0.01000, bringing its market capitalization to approximately $629.67 million, as Pudgy Penguins launched its 'Pengu Playground' activation at Korea Blockchain Week in Seoul. Despite the price recovery, trading volume declined by 10.66% to $120.14 million. Open Interest in derivatives increased by 10.04% to $148.17 million, with data showing a strong long bias among top traders on Binance and OKX.