🎰 On January 24, the meme token Nietzschean Penguin (PENGUIN) on the Solana network surged in price dramatically - from $0.01 to $0.16, showing an increase of about 1500%.

The catalyst for the growth was a post from the White House with a photo of Donald Trump next to a penguin.

For unknown reasons, users of the crypto community associated this image with the PENGUIN token.

Presumably, the reason was the visual similarity with the AI-generated pictures used in the project's promotion.

The meme coin itself was launched on January 16.

Before the publication, the asset's capitalization was around $300,000, but at its peak, it reached $170 million. Later, the figure adjusted to $112 million, and the coin's price dropped to $0.11.

According to Arkham, one trader managed to earn about $1.5 million in just 72 hours by investing $53,900 in buying the token.

$PENGUIN ‌ #PENGUIN