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 about the sustainability of PENGU’s recovery. NHL Partnership Sparks PENGU Rally PENGU, the Pudgy Penguins community token, experienced a notable surge during the first week of December
source: https://beincrypto.com/pengu-token-nhl-partnership-on-chain-selling/