🐧 Memecoin $PENGUIN soared by 564% after the White House post
📊 Memecoin Nietzschean Penguin (PENGUIN) experienced an impressive increase of 564% after a social media post from the White House of the USA.
💰 Before the post, PENGUIN had a market capitalization of approximately $387,000.
⚙️ The token is built on the Solana blockchain network.
📈 After the viral post featuring the penguin and US President Donald Trump, PENGUIN recorded a trading volume of $244 million within 24 hours.
📅 Currently, its market capitalization stands at around $136 million, with a trading price of approximately $0.13.
📉 This surge occurred against the backdrop of a general decline in the memecoin market, which had previously experienced significant drops.
🔍 Analysts note that the recent activity in the memecoin sector points to a possible renewal of interest among traders.
This incident highlights the unpredictable nature of memecoins, where the influence of social media can lead to dramatic fluctuations in the market.
