$PENGU Penguin Is Flying Again! Volume Surges, Holders Climb

The memecoin markets are heating up once again, and at the center of attention today is $PENGU — the penguin-themed token that refuses to hibernate. After a quieter spell, $PENGU is back in action with some impressive numbers that are turning heads across the crypto community.

Stats

Volume Up 47%, Momentum Building

Over the past 24 hours, $PENGU’s trading volume spiked by 47%, crossing a substantial $230 million. This kind of volume increase often signals strong trader interest, and in $PENGU’s case, the market seems to be reacting with optimism.

As a result, the market cap climbed by more than 10%, now standing at $742.8 million — a clear signal that the penguin is gaining altitude once more.

Binance Leads the Charge

Looking at exchange activity, it’s no surprise that Binance dominates the $PENGU trading landscape. With nearly $48 million in daily volume, Binance accounts for almost 25% of the total $PENGU trading volume. That’s a serious chunk of the action.

Close behind is MEXC, generating just under $15 million, followed by OKX with a respectable $12 million in volume. These centralized exchanges are proving to be the go-to spots for $PENGU traders, while DEX activity remains steady in the background.

517K Holders Coming In Hot

What sets $PENGU apart from most other memecoins is its rapidly expanding holder base. As of today, the token has accumulated 516,942 holders — a jaw-dropping number for a memecoin that launched relatively recently. At this pace, crossing the 517,000 holder mark is only days away, possibly even sooner if current momentum continues.

This growing community provides a strong foundation and speaks to $PENGU’s widespread appeal among both casual investors and dedicated memecoin enthusiasts.

$PENGU Still Far From All-Time Highs

While the current figures are impressive, it’s worth noting that $PENGU previously reached a market cap of $2.6 billion — which means we are currently trading at roughly 3.5x below all-time highs. That leaves plenty of upside potential, especially if broader market sentiment turns bullish again.

For degens looking for a token with upside and solid trading infrastructure already in place, $PENGU might be one to keep an eye on.

Final Thoughts

With a 47% spike in volume, strong exchange activity led by Binance, and a rapidly growing community of 500K+ holders, $PENGU is showing signs of a serious rebound. While we’re still well below historical highs, the numbers suggest that the penguin isn’t done flying just yet.

Keep your eyes on $PENGU — it might just be warming up for its next major move.