PENGU Meme Coin Lands On SoFi, Whipping Up 8%

Pudgy Penguins’ PENGU meme coin has secured a listing on SoFi at a challenging time for meme-focused crypto assets. The broader memecoin sector has shed an estimated $108.7 billion in value over the past 14 days, raising questions about whether the new retail channel can generate lasting demand. New Access Arrives Amid Heavy Selling PENGU’s arrival on SoFi expands its reach to a more traditional retail audience just as selling pressure across the meme sector has intensified. Some traders see a potential path back toward the $0.008 area if buyers return and recent downward momentum continues to fade.

Source: DailyCoin