🐧 From Meme to Millions: Penguin Coin Skyrockets After White House Post 🚀💸
- The White House X account posted an AI-generated image of President Donald Trump walking with a penguin, captioned “Embrace the penguin.”
- A follow-up post added: “The penguin does not concern himself with the opinions of those who cannot comprehend.”
- Traders quickly linked this symbolism to the Solana-based memecoin PENGUIN, sparking a frenzy.
📈 Market Impact
- Market Cap: Exploded from $387K → $94M in under 24 hours.
- Trading Volume: Surged to $244M in a single day.
- Price Movement: Roughly +600% gain fueled purely by hype.
🔍 Why It Matters
- Shows the power of viral narratives in crypto markets.
- Highlights the risk and reward of memecoins—massive upside potential but no fundamentals.
- Demonstrates how non-crypto events (political imagery, cultural memes) can trigger speculative mania.
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