Solana-based Meme Coin PENGU Surpasses $1 Billion Market Cap, Up 57% This Month

By: theblockbeats.news|2026/01/06 06:18:36
0
Share
copy

BlockBeats News, January 6th, according to GMGN monitoring, PENGU started to rise from around $0.0086 on the 1st of this month, continued its rise today, reaching a high of $0.0136, currently trading at $0.0132. The cumulative increase since the beginning of the month has reached 57%, with a market value of $1.01 billion, hitting a new market value high in nearly 30 days.

BlockBeats reminds users that Meme coins are highly volatile, relying heavily on market sentiment and speculative trading, with no actual value or use case. Investors should be aware of the risks.

You may also like

Why Is On-Chain Fixed-Rate Lending Hard to Come By? "Basis Swap" Trading Is the Way Out

The future of the on-chain interest rate market may allow borrowers to directly face a market-driven interest rate instead of being locked into a single rate.

What’s Driving Crypto Markets in Early 2026: Market Swings, AI Trading, and ETF Flows?

Imagine checking Bitcoin and Ethereum prices in a day — one minute up 5%, the next down 4%. Sharp moves, quick reversals, and sensitivity to macro signals marked the first week of 2026. After an early-year rally, both assets pulled back as markets recalibrated expectations around U.S. monetary policy and institutional flows. For traders — including those relying on AI or automated systems — this period offered a vivid reminder: abundant signals do not guarantee clarity. Staying disciplined in execution is often the real challenge.

America's First State-Backed Stablecoin FRNT: Can It Save Wyoming Amid Energy Slump?

Can this influx of digital income into "Cowboy State" really mend the rifts in this land?

Zcash Core Team Exodus Story, Crypto's Own OpenAI Drama

Nonprofits are subject to strict legal regulation, making it difficult for them to scale rapidly through equity or external investment as startups do

Kinetiq Exclusive Interview: From Hyperliquid's Largest LST Protocol to the "Exchange Factory"

「Shopify + Kickstarter」 on Hyperliquid

Glassnode New Year Report: $95K Call Option Premium, Bulls Shift to Aggressive Offense

The market is gradually shifting from a predominantly defensive selling mode to a phase of selectively increasing risk exposure and rebuilding participation.

Popular coins

Latest Crypto News

Read more