White House X posts fueled a surge in Solana memecoin PENGUIN, driving its market cap from $387K to nearly $94M within 24 hours. Posts from the official White HouseWhite House X posts fueled a surge in Solana memecoin PENGUIN, driving its market cap from $387K to nearly $94M within 24 hours. Posts from the official White House

White House Post Sends Solana Memecoin PENGUIN From $387K to $94M

White House X posts fueled a surge in Solana memecoin PENGUIN, driving its market cap from $387K to nearly $94M within 24 hours.

Posts from the official White House X account triggered sudden attention around a little-known Solana memecoin.

Traders linked the posts to PENGUIN, which moved from obscurity to active trading within hours.

White House Social Media Activity Draws Market Attention

The official White House X account shared an AI-generated image of President Donald Trump walking beside a penguin. The image carried the caption “Embrace the penguin” and was posted without added context.

A second post followed shortly after and read, “The penguin does not concern himself with the opinions of those who cannot comprehend.” Both posts spread quickly across social media platforms.

Crypto traders began connecting the imagery and language to the Solana-based memecoin PENGUIN. The token had launched earlier this month through the Pump.fun platform.

PENGUIN Token Sees Sharp Price and Volume Increase

Before the White House posts, PENGUIN traded with little visibility across Solana markets. Liquidity remained limited, and wallet activity was relatively low. The token’s market capitalization stayed near $387,000, while daily trading volume showed minimal movement.

After the posts circulated on X, trading conditions changed quickly. Activity increased within hours as more traders entered the market.

Reported trading volume exceeded $244 million in one day, reflecting a sharp rise in short term participation.

The token’s price gained roughly 600 percent over a 24-hour period. This move lifted PENGUIN’s market capitalization to nearly $94 million during peak trading.

The surge occurred without protocol updates or supply changes.

Related Reading:  PENGU Airdrop Goes Live on Solana as Pudgy Penguins Mindshare Crosses 300B Views

Traders React as Memecoin Gains Visibility

The rapid price change drew attention across Solana-focused trading communities. Many traders monitored on-chain data as transactions increased across decentralized exchanges.

PENGUIN remained one of the most traded Solana tokens during the surge. Liquidity pools expanded as activity moved across automated market makers.

No official statement linked the White House posts to the token. The account did not mention cryptocurrencies or blockchain assets in either post.

Memecoins often react to viral content and online narratives. In this case, market participants formed their own association based on timing and symbolism.

The token’s rise occurred without protocol updates or roadmap announcements. Price movement was driven mainly by social media engagement and trading activity.

Market observers continue to monitor whether volume remains elevated. Trading behavior following viral exposure often shifts quickly in short time frames.

The event reflects how online attention can affect low-cap digital assets. Solana memecoins have seen similar patterns during periods of high social engagement.

PENGUIN’s performance now places it among higher-ranked Solana-based memecoins by market value. Its future activity remains tied to market interest and liquidity levels.

The situation continues to develop as traders assess short-term price stability. Broader market conditions may also influence further trading behavior.

The post White House Post Sends Solana Memecoin PENGUIN From $387K to $94M appeared first on Live Bitcoin News.

면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, service@support.mexc.com으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

추천 콘텐츠

Scroll Co-founder Kenneth Shen’s X Account Hacked, Phishing Scam Alert

Scroll Co-founder Kenneth Shen’s X Account Hacked, Phishing Scam Alert

The post Scroll Co-founder Kenneth Shen’s X Account Hacked, Phishing Scam Alert appeared on BitcoinEthereumNews.com. Key Points: Kenneth Shen’s X account hacked
공유하기
BitcoinEthereumNews2026/01/25 16:45
CME Group to Launch Solana and XRP Futures Options

CME Group to Launch Solana and XRP Futures Options

The post CME Group to Launch Solana and XRP Futures Options appeared on BitcoinEthereumNews.com. An announcement was made by CME Group, the largest derivatives exchanger worldwide, revealed that it would introduce options for Solana and XRP futures. It is the latest addition to CME crypto derivatives as institutions and retail investors increase their demand for Solana and XRP. CME Expands Crypto Offerings With Solana and XRP Options Launch According to a press release, the launch is scheduled for October 13, 2025, pending regulatory approval. The new products will allow traders to access options on Solana, Micro Solana, XRP, and Micro XRP futures. Expiries will be offered on business days on a monthly, and quarterly basis to provide more flexibility to market players. CME Group said the contracts are designed to meet demand from institutions, hedge funds, and active retail traders. According to Giovanni Vicioso, the launch reflects high liquidity in Solana and XRP futures. Vicioso is the Global Head of Cryptocurrency Products for the CME Group. He noted that the new contracts will provide additional tools for risk management and exposure strategies. Recently, CME XRP futures registered record open interest amid ETF approval optimism, reinforcing confidence in contract demand. Cumberland, one of the leading liquidity providers, welcomed the development and said it highlights the shift beyond Bitcoin and Ethereum. FalconX, another trading firm, added that rising digital asset treasuries are increasing the need for hedging tools on alternative tokens like Solana and XRP. High Record Trading Volumes Demand Solana and XRP Futures Solana futures and XRP continue to gain popularity since their launch earlier this year. According to CME official records, many have bought and sold more than 540,000 Solana futures contracts since March. A value that amounts to over $22 billion dollars. Solana contracts hit a record 9,000 contracts in August, worth $437 million. Open interest also set a record at 12,500 contracts.…
공유하기
BitcoinEthereumNews2025/09/18 01:39
Herstelt de Bitcoin koers snel dankzij een RSI rond de 40 en een afvlakkende MACD?

Herstelt de Bitcoin koers snel dankzij een RSI rond de 40 en een afvlakkende MACD?

Recente data laten zien dat de samenstelling van de BTC holders verandert. Volgens on-chain data is het aandeel Bitcoin dat door short term holders wordt vastgehouden
공유하기
Coinstats2026/01/25 16:16