PENGU, the popular memecoin, has achieved a significant milestone by surpassing BONK in market capitalization, becoming the fourth largest memecoin in the cryptocurrency market. According to CoinNiss's market monitoring, PENGU's market cap has surged to an impressive $2.6 billion, solidifying its position among the top memecoins. This surge in market cap has allowed PENGU to overtake BONK, which had previously held the fourth spot. Currently, PENGU is trading at $0.04135, marking a noteworthy 15.57% increase as reported by CoinMarketCap. This positive price action has contributed to the growth of PENGU's market cap. PENGU's rise in the memecoin rankings is a testament to its growing popularity and adoption within the cryptocurrency community. As the memecoin market continues to evolve, it will be interesting to see how PENGU performs in the future and whether it can maintain its position among the top memecoins.

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