Meme coin PENGUIN's market value exceeds 50 million USD, with a 24-hour increase of over 750%

According to GMGN monitoring, the Meme coin PENGUIN on the Solana chain surged significantly last night and this morning, with a market capitalization exceeding 50 million dollars, currently reported at approximately 50.5 million dollars, and the current price is around 0.05 dollars.

ChainCatcher reminds users that Meme coin trading is highly volatile, largely relying on market sentiment and speculative concepts, and has no actual value or use case. Investors should be aware of the risks.