PENGU Flips BONK, Becomes Solana’s Largest Meme Coin

• PENGU has become the largest meme coin on the SOL blockchain, flipping BONK.
• With a market cap of $2.5 billion, PENGU’s 24-hour trading volume is $1.5 billion.
• The meme coin surged over 22% in the past week and 10% in the past 24 hours

The Pudgy Penguins (PENGU) launched on the Solana blockchain marked a significant milestone as it skyrocketed to the top, replacing BONK as the largest memecoin on the network. With a massive trading volume of $1.5 billion, PENGU soared 9.5% in the past 24 hours and 22% in the last seven days. 

According to the CoinGecko data, PENGU is ranked as the 59th-largest digital currency on the website and is trading at $0.03909 at the time of publication after reaching a daily high of $0.0431. However, the meme coin is still down 31.8% from its all-time high of $0.05738, recorded just nine days ago. 

While PENGU has printed higher highs, BONK failed to follow a similar path, surging just around 6% in the past week and trading at $0.00003291. With a market of $2.4 billion, BONK is just one price away from reclaiming its position as the top meme coin on Solana, as PENGU has a market cap of $2.5 billion.

Recently, PENGU conducted …

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