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Beincrypto

PENGU Token Jumps 30% on NHL Deal, But $108 Million Sell-Off Sparks Fear

PENGU rallied over 30% in early December 2025 following news of a major collaboration between Pudgy Penguins and the National Hockey League (NHL) for the 2026 Discover NHL Winter Classic. Despite the price jump, on-chain data shows persistent transfers of PENGU from the project's deployment address to centralized exchanges. This trend has sparked debate aboutThe post PENGU Token Jumps 30% on NHL Deal, But $108 Million Sell-Off Sparks Fear appeared first on BeInCrypto.

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