
PENGU Overtakes WIF and GRT as Market Cap Surges 521%
In a shocking turn of events, PENGU has surpassed the market capitalizations of WIF and GRT, with its market cap skyrocketing by an astonishing 521%. This meteoric rise is attributed to the project’s innovative approach to NFTs and gaming, which has resonated strongly with investors.
PENGU, a relatively new entry in the cryptocurrency space, has been making waves since its launch. With a current market capitalization of $2,227,684,354, it has easily surpassed Injective, Ondo, Celestia, Bonk, Immutable, and others if its price reaches $0.05.
This remarkable growth is largely attributed to the project’s strategic airdrop distribution, targeting not only Pudgy Penguins holders but also engaging Ethereum and Solana’s early adopters, known as OGs (original gamers). This approach has undoubtedly paid off, as PENGU has not only seen a significant price increase but has also boasted one of the highest transaction volumes on the Solana blockchain.
In an unprecedented move, $PENGU has already reached 66.9 million daily transactions shortly after its launch, an impressive feat that has left many investors stunned.
Source: coinjournal.net