White House post ignites PENGUIN frenzy, Nietzsche Penguin Coin faces a critical decision after soaring 179% in a single day

January 26 News, Niche Penguin Coin PENGUIN has become one of the most sought-after Meme assets in the crypto market within just a few days. Since its launch, the token surged from $0.0021 to a historical peak of $0.174, then retreated to around $0.123, still recording a daily increase of approximately 179%. Meanwhile, trading volume expanded to about $579 million, market capitalization broke through $100 million for the first time, and liquidity and attention surged simultaneously.

The key catalyst for this round of market activity comes from the official White House account. White House X posted an image of Trump holding hands with a penguin, accompanied by the caption “Embrace the Penguin.” The post quickly spread across social platforms, boosting PENGUIN’s trading enthusiasm. Trading volume soared to several hundred million dollars in a short period, and the price was pushed to new highs, demonstrating the powerful influence of topic-driven hype in meme coins.

On-chain funds also contributed to the momentum. Onchain Lens disclosed that a whale bought over 20 million PENGUIN tokens with approximately 20,575 SOL, worth about $2.6 million, and transferred them into a new wallet. Arkham data further showed multiple large addresses continuously increasing their holdings, with some unrealized gains reaching hundreds of thousands of dollars. This concentrated buying activity further strengthened market sentiment.

However, as the price rapidly rose, profit-taking began to appear. Lookonchain tracked some early investors selling at high levels, with the highest single-profit close to $1.7 million. The increased selling pressure caused the price to fall from the $0.17 range back to around $0.12, indicating that short-term trading is intensifying.

From the momentum indicators, recent days saw buyers in control for several consecutive days, but seller strength has re-emerged, and signs of distribution are beginning to show. If large investors re-enter the market, PENGUIN may challenge $0.17 or even $0.20 again; if selling continues, $0.10 will become a critical support level. Once broken, the price could approach the $0.09 zone. The market is currently at a key point of emotional and capital rebalancing.