Cryptocurrency: The memecoin PENGUIN skyrockets after an unusual tweet from the White House
Can a simple meme unleash a frenzy in the cryptocurrency market? That's precisely what a post from the White House showing a penguin next to the U.S. president triggered. In just a few hours, the memecoin PENGUIN, unknown the day before, surged more than 350 times its value. With no prior announcement or news, this Solana token attracted a massive wave of speculation, illustrating once again how the attention economy is drastically transforming market dynamics.
In brief
A simple meme from the White House showing a penguin was enough to trigger a spectacular rise in an unknown memecoin.
The PENGUIN token, launched on Solana, saw its market capitalization increase from $387,000 to $136 million in less than 24 hours.
The increase of +564% occurred without news, project announcements, or smart contract updates.
This explosion is part of a temporary resurgence of interest in memecoins, despite a general downward trend.
A presidential meme driving an obscure symbol
On January 20, the White House posted on X an image of President Trump walking in the snow, accompanied by a penguin, while Pump.fun attempts to restore order in the memecoin ecosystem.
At first glance, this content seemed like a typical and mundane communication mixing humor and winter imagery. However, this single post was enough to trigger a viral phenomenon centered around a previously little-known meme called PENGUIN.
$PENGUIN
$PINGPONG
$POWR #penguin