PENGU’s strong recovery and volatility signal growing investor interest in Solana.
Solana DEX trading volume surpasses $100B for the second month, boosting confidence.
WIF shows a slow recovery, while $PENGU’s momentum points to further upside potential.
The Solana ecosystem shows notable shifts in the memecoin market, with PENGU overtaking WIF in market capitalization. This rise comes alongside strong DEX trading, which topped $100 billion in volume for the second consecutive month.
Memecoins like PENGU and WIF lead the way, highlighting the growing appeal of Solana-based tokens. $PENGU’s strong recovery and increased trading volume suggest a shift in investor sentiment.
PENGU vs. WIF: Market Trend Comparison
PENGU and WIF have seen notable price movements over the past week, with PENGU as the more volatile but resilient token. Initially, both tokens were even. However, PENGU saw a sharp mid-week decline, dipping below WIF’s price.
However, PENGU made a strong recovery by the end of the week, closing near its starting value. In contrast, WIF lagged, struggling to regain momentum. This price …
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