According to GMGN data, the market cap of the Solana-based Meme coin PENGUIN has recently surpassed $84 million, briefly touching $90 million.
Address Earns Over $1.25M in Profit
Data shows that an address labeled 7fFCzx invested $54,000 two days ago to buy 15.94 million PENGUIN tokens. The current value of these holdings is approximately $1.3 million, generating a profit of over $1.25 million.
Interestingly, the address has not sold any of its holdings, making it the top individual holder on the blockchain.
Address Analysis Reveals Active Trader
Further analysis of the address’s transaction history shows over 1,000 token trades, though the success rate remains low at just 14.55%, suggesting a high-risk trading strategy.
- PENGUIN briefly reaches a $90M market cap
- 7fFCzx continues to hold all PENGUIN tokens
- Low win rate contrasts with this major gain