$PENGU
PENGU surpasses BONK with a $2.47B market cap, rising 32.6% in a week.
Pudgy Penguins NFT collection boosts PENGU, recording $6.2M in 24-hour sales.
BONK now second at $2.36B, with consistent trading activity despite a 7.9% dip.
Solana has seen a major shift as Pudgy Penguins’ PENGU token has surpassed BONK to become the blockchain’s largest meme token by market capitalization. PENGU has reached a $2.47 billion market cap compared to BONK’s $2.36 billion.
PENGU’s price performance and market dominance
PENGU has risen to become Solana’s largest meme coin, trading at $0.0387 with a market cap of $2.47 billion. The token gained 32.6% over the past week while maintaining high trading volumes of $1.27 billion in the past 24 hours. This growth comes just nine days after PENGU hit its all-time high of $0.06845 on December 17, 2024.
The price data shows consistent buying pressure through December, with PENGU moving from $0.02318 to $0.04174 over the past week. Current trading ranges between $0.03609 and $0.0425 in the last 24 hours point to continued market interest. The token’s total market value now exceeds that of previous market leader BONK by over $100 million.