Solana Foundation Changes X Account Avatar to "Penguin" Theme Concept Image, Meme Coin PENGUIN Surges Over 17% Briefly

BlockBeats News, January 27th, Solana co-founder Toly changed his Twitter account's profile picture to a "Penguin" themed conceptual image. According to GMGN monitoring, possibly influenced by this news, the Solana-based Meme coin PENGUIN surged more than 17% in a short period, with a market value currently at $93.3 million and a 24-hour trading volume of $80.6 million.

BlockBeats reminds users that Meme coin trading is highly volatile, mostly driven by market sentiment and conceptual hype, without actual value or use case. Investors should be aware of the risks.