Key Insights:
- PENGUIN token shot up after a viral picture of a Trump penguin.
- Trading volume increased sharply over the past 24 hours.
- The memecoin market remains volatile, with uneven liquidity.
PENGUIN token activity on the Solana blockchain drew significant market attention after a viral social media post from the United States White House coincided with a sharp price and volume increase for the memecoin, formally known as the Nietzschean Penguin (PENGUIN) token.
PENGUN Solana memecoin sees explosive Trump-linked surge
The asset, which launched on the Solana layer-1 network through the Pump.fun memecoin platform, recorded a rapid shift in market metrics following the circulation of an image depicting U.S. President Donald Trump and a penguin holding hands while walking through snow.
Before the post circulated, the PENGUIN token had a market capitalization of approximately $387,000. Within 24 hours, trading activity surged, with volume reaching $244 million, according to data cited by SolanaFloor.
At the time of publication, DEXScreener data showed the token trading around $0.13, with a market capitalization of about $136 million.
This spike occurred during a period when the overall memecoin industry was experiencing uneven performance, and it was also among the best-performing sectors of the crypto market in 2024.
Market Response and Trading Information
According to data from Solana Floor, liquidity and trading activity for the PENGUIN token surged substantially as the image spread on social networks.
Moreover, the PENGU ecosystem will feature the proposed play-to-earn game, Pudgy Party, which will be linked to the token and is intended to deliver engagement beyond trading.
According to market participants, such efforts can affect long-term interest, but the token is still subject to speculation and market volatility.
Source :The White House
Co-founder of the Pump.fun launchpad Alon Cohen stated that the token’s early performance was a sign of renewed on-chain trading. PENGUIN was launched on Pump.fun, a platform that has hosted numerous memecoin projects during the recent cycle.
The activity growth led to high token turnover across the wider crypto market. In 2025, it is estimated that 11.6 million crypto tokens failed, mostly due to memecoin drops on services like Pump.fun.
This volatility and rapid turnover of speculative digital assets have contributed to this high failure rate.
Memecoin Market Conditions
In a broader sense, the memecoin market analytics experienced a short-lived recovery in early 2026.
According to CoinMarketCap data, the total memecoin market capitalization grew approximately 23%, rising to more than $47 billion from last year’s record data
The total market capitalization of memecoins fell to about $39 billion later, as crypto markets entered a sideways trading period marked by short-term rallies and pullbacks.
The PENGUIN token’s surge occurred amid mixed sentiment and uneven liquidity conditions.
PENGUIN Token and Comparative Market Positioning
Attention on the PENGUIN token has expanded alongside broader discussions about meme-based digital assets with ecosystem connections.
PENGU is a brand with a larger ecosystem of interconnected NFTs, merchandise, and gaming projects featuring Pudgy Penguins. These aspects have set the asset apart from meme tokens, which depend solely on a community’s momentum without other infrastructure.
In comparison, PEPE has experienced significant market volatility, with the reported price decline exceeding 70% over the last year. Growth for PENGU has been reported as more linear in the same period, relying on available price information from market reports.
Recent Price Action and Technical Analysis
The recent market data indicates that Pudgy Penguins (PENGU) saw a 0.97% increase in price over the last 24 hours, although the trend has been decreasing by 17% over the last week.
Source: CoinMarketCap
The speculation added to short-term demand and trading activity. The technical analysis suggests optimism that selling pressure may be easing, as the token shows stability at key support levels after a recent price decline.
