Data: The market value of the ETH chain meme coin PENGU has surpassed 7 million USD, with a daily increase of over 1600 times

According to GMGN data, the market capitalization of the ETH chain meme coin PENGU quickly surpassed $7 million, currently reported at $4.66 million, with an intraday increase of over 1600 times.

The project team stated that they are one of the early creators of the Pudgy Penguin NFT series and have launched PenguLegacy on ETH, having airdropped 50% of the token supply to current Pudgy Penguin holders.

ChainCatcher reminds users that meme coin prices are highly volatile, and investors should be aware of the risks.