PENGU Flips BONK as Top Solana Meme Coin

The post PENGU Flips BONK as Top Solana Meme Coin appeared on BitcoinEthereumNews.com. Key Notes PENGU sees 20% daily gains while the broader crypto market remains flat. Pengu’s market cap is currently at $2.72 billion, nearly flipping BONK’s $2.84 billion. PENGU has seen a 4x price surge in the past month, gaining over $2.2 billion in market cap. While the broader crypto market is mostly flat on July 23, PENGU PENGU $0.0439 24h volatility: 18.3% Market cap: $2.77 B Vol. 24h: $2.62 B continues its explosive rally. Currently trading at around $0.043, it gained over 20% in the past day and over 400% in the last month. This price surge pushed PENGU’s market cap to a daily high of $2.88 billion, briefly flipping its rival BONK BONK $0.000035 24h volatility: 0.6% Market cap: $2.68 B Vol. 24h: $1.74 B to become the largest Solana-based meme coin. However, at the time of writing, PENGU boasts a market cap of $2.72 billion while BONK comfortably sits at $2.84 billion. This growth follows analysts on X predicting a “PEPE-style” rally for PENGU, which has already added over $2.2 billion to its market cap in the past 30 days. The token’s 24-hour trading volume currently sits at $2.73 billion, much higher than the $335 million trading volume of the second-largest meme coin, Shiba Inu SHIB $0.000015 24h volatility: 2.3% Market cap: $8.72 B Vol. 24h: $303.98 M . This spike suggests heightened market interest and drives FOMOed traders into the market. Interestingly, PENGU has just crossed 868,000 holders, indicating growing retail participation. PENGU Price Eyes $0.05 Amid Overbought Signals On the 4-hour PENGU price chart, the RSI currently stands in the overbought region. This suggests that the token could see a short-term pullback or consolidation if buying momentum weakens. Traders should watch for key resistance levels at $0.045 and $0.050. PENGU price chart with RSI and Bollinger…