Solana co-founder changed the X account avatar to a "penguin" themed concept image, and the meme coin PENGUIN surged over 17% in a short time

Solana co-founder Toly changed the X account profile picture to a "penguin" themed concept image. According to GMGN monitoring, possibly influenced by this news, the Meme coin PENGUIN on the Solana chain briefly surged over 17%, with a market cap currently reported at $9,330 and a 24-hour trading volume of $80.6 million.

ChainCatcher reminds users that Meme coin trading is highly volatile, largely relying on market sentiment and speculative hype, and has no actual value or use case. Investors should be aware of the risks.