
Title: PENGU Flips BONK, Becomes Solana’s Largest Meme Coin
Pengwin, the popular meme coin, has surpassed Bonk in market capitalization, becoming the largest meme token on the Solana blockchain. This sudden surge in value has raised eyebrows in the crypto community, with many analysts warning that a correctional phase could be imminent.
As the cryptocurrency market experiences an asset’s valuation could be followed by a correctional phase. Interestingly, the Relative Strength Index (RSI) on the 4-hour chart below reads
Source: coinedition.com