$PENGU #CryptoMarket4T

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The market value of PENGU exceeds 2.32 billion dollars, rising 21.2% in 24 hours, surpassing TRUMP to become the second largest MEME coin on Solana, while BONK still leads with 2.67 billion dollars. Over 40 Fat Penguin NFTs have been sold, with the floor price increasing by 15.6%.

The MEME craze is rising again, with PENGU's surge being too strong. Combined with Solana's active addresses over the past 7 days reaching 28.05 million, the on-chain market is booming.

I believe this is a signal of an explosion in the Solana ecosystem, but new coins like Dege carry high risks of concentrated chips. With the Pump.fun airdrop about to be distributed, I advise against going all in on MEME projects and to pay attention to ZORA breaking through 77 million dollars linkage.