Memecoin PENGUIN surged over 300% after a tweet from the White House went viral. The image in the tweet shows President Trump holding a penguin on a snowy background, attracting significant attention from social media users and the cryptocurrency community.
Traders quickly reacted, pushing Pengui’s trading volume to record levels. Analysts believe that the meme’s appeal combined with the social media effect has driven the price up sharply. While some investors celebrate quick profits, many warn about the characteristic volatility of meme coins.
Pengui’s price increase demonstrates how internet culture and viral content are increasingly influencing the crypto market. Experts advise caution, as such sharp fluctuations can reverse quickly.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
