Solana's meme coin landscape has shifted dramatically!
$PENGU , powered by the Pudgy Penguins NFT ecosystem, has officially surpassed
$BONK to become Solanaâs largest meme coin by market capitalization.
đ Key Highlights:
PENGU Market Cap: $2.47BBONK Market Cap: $2.36BWeekly Growth: PENGU +32.6%, BONK -7.9%
PENGUâs Meteoric Rise
Currently trading at $0.0387, PENGU has seen incredible trading volumes of $1.27B in the past 24 hours, riding high on sustained buying pressure. The token has seen steady price appreciation since December, recently achieving a weekly high of $0.04174.
The success of Pudgy Penguins NFTs is closely tied to PENGUâs rise. Over the past 24 hours:
đ§ Pudgy Penguins NFT Sales: $6.2M
đ§ Top Sale: Pudgy Penguin #47 fetched 42 ETH ($145,078).
This synergy between NFTs and tokens has positioned PENGU as a leader in both the meme coin and NFT markets.
BONK: Still Resilient
While BONK has dipped slightly to $0.00003115, it remains a significant player with strong trading activity of $317M in the past 24 hours. Early investors have seen 35,990% returns since its December 2022 debut, underscoring its enduring market presence.
The Bigger Picture
Solanaâs meme coin market is booming, reaching a total valuation of $17.58B, up 6.3% this week. PENGUâs rise reflects a growing trend of projects integrating NFTs and tokens to create synergistic ecosystems.
đ Whatâs Driving PENGUâs Momentum?
1ď¸âŁ Strong NFT performance (Pudgy Penguins top NFT sales).
2ď¸âŁ High trading volumes ($1.27B in 24 hours).
3ď¸âŁ Loyal community support driving price stability.
Stay tuned as
$PENGU and BONK continue their rivalry in Solanaâs expanding meme coin universe. đ
Note: Analysis reflect data trends as of December 26, 2024
#solana #pengu #Bonk #PudgyPenguins #TheCoinRepublic