White House social media activity triggers 564% spike in PENGUIN memecoin value
Before the White House released its social media content, the Nietzschean Penguin (PENGUIN) memecoin was valued at approximately $387,000 in market capitalization.
A memecoin known as the Nietzschean Penguin (PENGUIN) token, which operates on the Solana layer-1 blockchain network, experienced an explosive rally of approximately 564% in the wake of a social media posting originating from the White House of the United States.
The White House shared a post on X on Friday featuring an image of US President Donald Trump walking hand-in-hand with a penguin through snowy terrain, a post that quickly gained widespread viral attention across social media platforms.
According to data from SolanaFloor, PENGUIN was trading at a market capitalization of approximately $387,000 prior to the White House's post, and subsequently recorded an impressive $244 million in trading volume during the 24-hour period following the publication of the post.
At the time of this publication, the token's market capitalization stands at approximately $136 million, with the token currently trading at around $0.13, based on information provided by DEXScreener data.
"The early success of PENGUIN is proof that onchain trading was never dead, just a sleeping giant waiting for the right moment."
Alon Cohen, co-founder of memecoin launchpad Pump.fun
Memecoin sector demonstrates renewed vitality in 2026 following lackluster performance
A staggering 11.6 million cryptocurrency tokens experienced failure throughout 2025, with the overwhelming majority of these failures attributed to the massive influx of memecoins deployed through platforms such as Pump.fun and comparable launchpad services.
According to data compiled by CoinMarketCap, the aggregate market capitalization of the memecoin sector experienced a temporary surge of 23% during January 2026, climbing from approximately $38 billion recorded in December 2025 to exceed $47 billion in valuation.
This temporary upswing in the memecoin market was paralleled by a notable increase in social media discussions and mentions related to memecoins, as documented by Santiment, a cryptocurrency market analysis company.
"Memecoins typically lead when risk appetite returns. The rebound in the Fear and Greed Index from extreme fear toward neutral reinforces this shift."
Vincent Liu, chief investment officer at trading firm Kronos Research
Nevertheless, as of the time of publication, the memecoin market has retreated to approximately $39 billion in total market capitalization, as cryptocurrency markets continue to exhibit sideways movement, characterized by fluctuations between temporary short-term rallies and subsequent pullbacks.