Meme coin PENGUIN's market value exceeds 130 million USD, setting a new record with a 24-hour increase of 318%

According to GMGN market data, the Solana ecosystem meme coin PENGUIN has a market capitalization exceeding $130 million, setting a new historical high, currently reported at $132 million, with a 24-hour increase of 318% and a 24-hour trading volume of $148 million.

Meme coins experience significant trading volatility, largely relying on market sentiment and speculative concepts, lacking actual value or use cases. Investors should be aware of the risks.