PENGUIN Memecoin Reaches $160M Market Cap Following White House Post
The $PENGUIN cryptocurrency surged to an all-time high valuation after a social media post from the official White House X account triggered renewed interest in memecoins.
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Terms & Concepts
Memecoin: A cryptocurrency created primarily for humor or community appeal rather than serious utility, often driven by social media trends.
Market Cap: The total value of a cryptocurrency, calculated by multiplying its current price by its circulating supply.
All-time High (ATH): The highest price or valuation a cryptocurrency has ever reached since its launch.