The meme token PESTO (Pesto The Baby King Penguin) has recently captured the attention of crypto enthusiasts, witnessing a staggering 660% increase in market value over the past two hours. As of September 24, its market capitalization has exceeded $1.7 million, with a current price of $0.000004.
Recent Performance Highlights
Price Surge: PESTOâs price skyrocketed 157% in the last 24 hours.
Trading Volume: The token has seen a trading volume of approximately $1.4 million within the same time frame.
This dramatic rise can be attributed to the popularity of a giant king penguin chick named Pesto, who has gained fame as a social media sensation and a major attraction at an aquarium in Australia.
Caution Advised for Investors
While the recent surge in PESTOâs value is impressive, BlockBeats warns investors to proceed with caution. The meme coin currently lacks any substantial use case, leading to significant price volatility.
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