Pudgy Penguin (PENGU) experienced an 11% price increase on October 1, reaching $0.03059, driven by a 30% surge in trading volume. This rise aligns with heightened activity in the Pudgy Penguins NFT collection, which recorded $3.4 million in sales last week, surpassing other leading NFT collections. The NFT floor price remains steady at 14.8 ETH. Speculation about potential brand partnerships, including with NASCAR and ICEE, is boosting retail interest in PENGU. Technical indicators such as RSI and MACD point to growing momentum, with the token stabilizing around $0.030 and potential for a breakout above $0.035–$0.04. Open interest in PENGU remains robust at $1.86 billion.