BlockBeats News, January 25, according to... GMGN Market data shows that influenced by a video related to Musk's "like" comment, the Meme coin PENGUIN's market capitalization surged to $170 million, then retreated to $154 million. It has recorded a 24-hour increase of 342%, with a 24-hour trading volume of $15.3 million.
PENGUIN Market Cap Reaches $170M, Surging 342% in 24 Hours
KuCoinFlashShare
Summary
PENGUIN, one of the altcoins to watch, saw its market cap reach $170 million on January 25, driven by a viral video related to Musk. Trading volume surged by 342% to $153 million within 24 hours. The coin later dipped to a market cap of $154 million. High trading volume and social media buzz continue to fuel short-term momentum for the meme coin.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.