New Solana Memecoin Leader? PENGU Flips BONK Amid Whale Accumulation

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New Solana Memecoin Leader? PENGU Flips BONK Amid Whale Accumulation - NewsBTC

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Related Reading: ONDO Faces 30% Correction Risk If It Loses $1.46 Support – Top Analyst New Solana Token Steals The Spotlight On December 17, the Pudgy Penguins Non-Fungible Token (NFT) project launched its official token, PENGU, on the Solana Blockchain.

Whales Fill Their Bags As PENGU Flips BONK Amid the market’s momentary Christmas Day gains, the token broke above this range and climbed to the $0.042 mark on Thursday morning, hitting a $2.6 billion market cap.

The newly launched PENGU token has stolen the spotlight after becoming the largest Solana-based memecoin by market capitalization.