PENGU’s Meteoric Rise: The New King of Solana Meme Coins?

by Ouess

Move over, BONK—PENGU just staged a coup. The Solana-based meme coin briefly flipped BONK as the chain’s top dog, rocketing 20% in a day and 400% this month to hit a $2.88B market cap peak.

Why PENGU Is Going Viral

🐧 Market Cap Showdown:

  • PENGU: $2.72B (peaked at $2.88B)
  • BONK: $2.84B (reclaimed top spot)
  • Trading volume: $2.73B (8x Shiba Inu’s volume)

PENGU Price Source ! TradingView

🚀 Catalysts Fueling the Rally:

  • Gemini listing (easier trading access)
  • Binance Futures support (launching July 23)
  • Mobile game coming soon (Apple/Google Play)
  • 868K+ holders (retail frenzy growing)

https://twitter.com/Gemini/status/1947744451545231435

PENGU Price Analysis: Can It Hit $1?

📈 Current Price: $0.043
🎯 Short-Term Targets: $0.045 → $0.05
🚨 Overbought Alert: RSI flashing caution
📉 Support Levels: $0.040 (weak), $0.037 (strong)

Analyst Predictions:

  • Some see $1 by September (if hype sustains)
  • Others warn of pullback risk after 400% surge

https://twitter.com/degengambleh/status/1940097371314299117?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1940097371314299117%7Ctwgr%5Eba6209605c3d1b2170949184201ee54998813089%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.coinspeaker.com%2Fpengu-surges-marlet-slump-pepe-style-rally-ahead%2F

Exchange Wars Heat Up

🏦 Gemini: Added PENGU trading
💱 Binance Futures: Launching PENGU perpetual contracts
📱 Mobile Game: Coming to app stores soon

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