đ PENGU Skyrockets 100% in 7 DaysâNew Solana Meme Coin Presale Hailed as Next Big Crypto Gamble
Solana's meme coin mania just got hotterâPENGU flipped the script with a jaw-dropping 100% rally this week. Now, degens are piling into its freshly launched presale, betting it'll out-moon DOGE.
### The Penguin Army Rises
No roadmap, no utilityâjust pure meme magic. PENGU's surge mirrors Solana's recent hot streak, where 'vibes' somehow justify market caps. Traders are FOMO-ing hard, ignoring that 90% of these coins crash faster than a Celsius withdrawal.
### Solanaâs Meme Machine Churns On
The chainâs low fees and high-speed transactions keep attracting speculative trash (and the occasional gem). This presaleâs hype suggests PENGU could be the next token to pumpâor dumpâovernight.
### Proceed With Caution
Remember: what doubles in a week can halve in minutes. But hey, in crypto, rational investing is so 2021. *Cue Wall Street bankers sipping champagne while retail bags another meme.*
Whatâs Behind Pudgy Penguinsâ Explosive Rally?
Earlier today, the Pudgy Penguins team announced that theyâre partnering with Suplay, one of the largest collectible companies in China. Thereâs no information yet on what the partnership will entail, but PENGU holders are speculating that it could bring physical collectible drops tied to token rewards.
The marketâs reaction was immediate. PENGU spiked 21% after the news broke, Google search volume ticked up, and social media chatter exploded. But thatâs just one reason for the bullishness. Another is Canary Capitalâs filing for a spot PENGU ETF that the SEC acknowledged last week.
This ETF WOULD hold 80-95% PENGU tokens alongside 5-15% NFTs, essentially creating a hybrid fund that combines meme coins with collectibles.
Crypto whales are excited about this fund. Data from Nansen shows addresses holding over $1 million worth of PENGU have been quietly increasing their positions in the past month. Even Binance and Coinbase got in on the HYPE â temporarily switching their profile pics to Pudgy avatars.
Bitcoinâs New All-Time High Lifts the Meme Coin Sector
PENGU isnât rocketing on its own. The entire meme coin space has been on fire this week, with its overall market cap pushing past $66 billion. DOGE is trading around $0.19, while PEPEs hovers at $0.0000123, and the viral MemeCore token has doubled in value.
A key catalyst for all this demand is that Bitcoin crossed $123,000 to post a new all-time high.
When BTC reaches new highs, it usually benefits the entire crypto market. Traders start feeling more confident, and profits from bitcoin flow into riskier plays, making meme coins the obvious target for those chasing bigger returns. Itâs a pattern weâve seen before â Bitcoin leads, sentiment shifts, and capital rotates. And thatâs exactly whatâs happening right now.
Plus, thereâs been a clear increase in institutional investment in crypto. While these institutions are not buying meme coins directly, their purchases of BTC and major altcoins helps create a ârisk-onâ atmosphere.
Is Snorter the Best Meme Coin to Buy? SNORT Token Presale Nears $2M
While everyoneâs focused on PENGU, Snorter â a new solana meme coin trading bot â is starting to attract attention on social media. The Snorter presale has now raised over $1.8 million, with SNORT tokens priced at just $0.0983.
Token Zenith, a crypto YouTuber with huge reach, featured SNORT in a video this week and has racked up over 7,400 views in just three days. That kind of organic coverage doesnât happen by accident.
For those unaware, Snorter is a trading bot inside Telegram that snipes new meme coin launches, offers copy trading, handles automated orders, detects scams, and executes ultra-fast trades through private RPC connections.
In a space where most of these coins are pure speculation, Snorter provides traders with tools they can use to gain an edge. Snorter Bot automates tedious tasks, helps prevent scams, and rewards users for holding tokens. Thatâs real utility that could drive long-term demand.
Plus, if you hold the SNORT token, you get reduced fees (0.85% instead of the usual 1.5%), staking rewards, and governance rights.
But does this make SNORT a better buy than straight meme plays like PENGU? Itâs newer, so expect volatility; however, this also means it has a much lower market cap and a smaller social media presence.
If Snorter continues to get trader attention â and secures a few CEX listings after the presale ends â this small-cap token could see explosive growth.
So, while Pudgy Penguins might have the momentum right now, Snorterâs trading bot and growing communities on X (Twitter) and Telegram could make it the smarter long-term play.