What is PENGU coin? Is it worth investing now? A complete analysis of the most popular SOL meme coin in 2025

(The Memecoin project is highly volatile and risky. This article is intended to introduce the project, but the price of its tokens may fluctuate drastically or even return to zero in a short period of time. Investors should fully understand and bear all potential risks. Before making any investment decision, be sure to conduct detailed independent research and consult professional financial advisors. The information contained in this article does not constitute any investment advice.)

In the wave of Solana meme coins heating up, Pudgy Penguins, which was originally regarded as a joke NFT project, has quietly become a cross-border model of blockchain applications. From a simple JPG avatar series to a Web3 brand empire with a virtual world, physical toys and native token PENGU, Pudgy Penguins is no longer a cold joke in the circle, but a cultural phenomenon that the market pays attention to. And its token PENGU is also becoming a new choice worthy of attention.

PENGU is a Solana on-chain token launched by the Pudgy Penguins team. It is not just a new coin for speculation, but the cornerstone of a complete economic system. As the universal in-game currency of Pudgy World, players can use PENGU to purchase virtual accessories, participate in mission interactions, and even participate in governance voting. This is no longer a simple "holding coins is honor" game, but an ecological model that can truly "play out value".

Currently, the total amount of PENGU tokens is fixed at 8.8 billion, with a clear distribution structure: 50% is for community and cooperation, and the team sets lock-up conditions and releases them in sequence to avoid premature arbitrage by the project party; the rest is used for operation and public relations promotion. More importantly, PENGU supports a design that does not require wallet login. Even novices who have no idea about Web3 can easily enter the Pudgy World experience. The low-threshold design is very attractive to the mainstream market.

PENGU vs SHIB: The Value Battle of Meme Coins

If Shiba Inu is the first generation representative of meme coins, then PENGU is undoubtedly the 2.0 version after brand and application optimization. SHIB has a huge community and market attention, but its practicality and product landing have always been questioned. In contrast, PENGU has established a real user economy through physical product listings, game interactions and IP licensing, rather than a pure hype narrative.

When meme coins go from being a joke to being used, we can see their real value. PENGU is such an example.

Solaxy (SOLX): Solana Layer 2 Rising Star to Solve Congestion

In addition to PENGU, other new coins that have attracted much attention on the Solana chain include Solaxy (SOLX) , a Layer 2 expansion solution that aims to solve the delay and congestion problems caused by high transaction volumes on the Solana main chain. Solaxy uses zero-knowledge rollup technology (ZK Rollups) to process a large number of transactions off-chain before submitting them to the Solana main chain for settlement, greatly improving efficiency and reducing costs.

Solaxy has raised $44 million in pre-sale, showing the market's high recognition of its potential. Solaxy has entered the final stage, with only 11 days left before the end of pre-sale. Although there is no substantial on-chain activity data and it is not listed on mainstream exchanges, if it launches a complete Layer 2 mainnet as scheduled and implements cross-chain applications, it will have the opportunity to become a new infrastructure for DeFi and gaming applications.

It is worth noting that SOLX is still priced below two cents and is still in its early stages; for investors with a high risk appetite, this could be a high-return opportunity if they can tolerate future uncertainty and volatility.

Access Solaxy Tokens

Conclusion: Betting on PENGU and Solana’s new coins, is it a meme or an opportunity?

New coins on the Solana chain are spreading at an unprecedented rate, among which PENGU, Solaxy and Snorter represent attempts at three different routes: brand transformation, infrastructure and application tools. These new coins are no longer just hype tools, but also attempt to build a complete application ecosystem and economic cycle.

Of course, any new coin has risks. But if you are not just looking for a short-term surge, but a project that can develop sustainably, has application scenarios and community support, then PENGU may be the most noteworthy card among Solana meme coins. This is not just an investment in a token, but also a bet on a brand, a culture, and a Web3 story that can really go viral.

I still remember the last time Bitcoin hit a new all-time high, at the end of 2021, and the entire crypto Twitter went crazy. Memes were flying everywhere, everyone changed their avatars to laser eyes, and everyone from Silicon Valley interns to small restaurant owners in Istanbul became traders overnight. The air was full of excitement at that time, even a little self-hypnotic. When Bitcoin broke through $69,000, it was more because of the atmosphere than fundamentals or popularity - the golden age of YOLO investing, NFT craze, and speculative frenzy.

Fast forward to May 2025, and we are once again at all-time highs, with Bitcoin just breaking $110,000. But the vibe is clearly different this time. No meme coins grabbing headlines, no overnight TikTok investment groups. Instead, there is a more stable underlying rhythm. Less noise, more weight.

Source of funds: from retail investor enthusiasm to institutional dominance

This round of Bitcoin's rise is driven by institutional funds and is completely macroeconomic-oriented. The rebound in May was not due to speculation, but structural factors: the US and China reached a 90-day tariff truce, trade tensions eased, and a large amount of funds flowed into ETFs. These events have strengthened Bitcoin's positioning from a cultural phenomenon to a financial asset. Frankly speaking, when even JPMorgan Chase, which once called Bitcoin a scam, also allows customers to buy BTC, we have indeed entered a new stage.

As early as 2018, traditional finance was still quite conservative about cryptocurrencies. Goldman Sachs suspended its plans for a crypto trading department, and VanEck's proposed Bitcoin ETF was blocked by the SEC. These setbacks caused market prices to plummet. At the time, institutional funds were still on the sidelines, wandering between curiosity and caution, unsure whether Bitcoin was an asset or a speculative bubble. To make matters worse, the industry was also tainted by many bad actors, deepening the impression that "crypto is untrustworthy."

MicroStrategy’s Turning Point and the New Situation of ETFs

Until 2020, when MicroStrategy announced that it would raise $400 million to buy Bitcoin, it was still ridiculed. After all, it seemed reckless for a listed company to bet heavily on BTC at that point in time. But in hindsight, this decision became a turning point for the change in institutional views - MicroStrategy was not just buying coins, but a challenge to the traditional financial order.

Since then, Bitcoin has begun to exceed market expectations. No longer an outsider, it has gradually become part of the core of modern finance. The approval of the spot Bitcoin ETF in early 2024 is not just a piece of news, but an event that reshapes the market landscape. Pension funds, sovereign funds, and institutional sectors finally have a legal, compliant, and highly liquid entry channel. What used to be the domain of Reddit retail investors and crypto whale has now become a new battlefield for certified financial analysts and risk control personnel.

New regulatory chapters, user changes, and platform upgrades

The evolution of regulation has also accelerated the process of market recognition. From vague warnings and reactive suppression in the past, to structural norms. The EU's MiCA framework and the US's GENIUS Act symbolize that governments are beginning to realize that traditional regulation cannot be simply applied to the future financial system, and that a new system that is consistent with the nature of digital assets needs to be designed.

We have witnessed this firsthand at Bitget. In 2021, we had about 5 million users, mainly retail investors entering high-volatility markets. Today, we have more than 120 million users. It's not just a growth in numbers, but also a qualitative change in participants. Our users now include institutions, professional investors, and long-term holders. Their needs have changed, their problems have changed, and their ways of interaction have changed.

Bitget is no longer just a trading platform, but a gateway to a new digital economy, providing better infrastructure, deeper data insights, and tools tailored for investors at different levels. Whether it is an institutional investor allocating assets or a first-time coin buyer, we are building a clear entry channel.

The mature thinking of the new generation of retail investors

Of course, retail investors have not left the stage, far from it. But user behavior has clearly changed. Retail investors in 2025 are more knowledgeable, better at risk management, and more inclined to view Bitcoin as part of a long-term wealth strategy rather than a tool for quick doubling.

On Bitget, we see users starting to diversify their investment, from spot and structured products to passive investment strategies, rather than blindly pursuing high-leverage contracts. This is not just a growth in scale, but also an evolution in thinking.

This is not a rerun of 2021, but a bigger shift

Despite its increased maturity, the core tension of Bitcoin has not disappeared: Is it "digital gold" or another technological risk asset with a doomsday sentiment? In times of geopolitical panic, BTC's performance is still closely linked to the stock market. But when the market returns to optimism, it often rebounds ahead of other assets. Bitcoin may not be a perfect hedge tool, but it has undeniably become an important pillar of modern alternative assets.

Bitcoin's breakthrough of $110,000 is not just a numerical milestone, it is more like a mirror that reflects the asset itself, the market structure, and the overall growth of participants. No one can predict where the next high will be, but one thing is certain: this time, it is really different.

About Bitget

Founded in 2018, Bitget is the world's leading cryptocurrency trading platform and Web 3 company. Currently, Bitget provides services to more than 100 countries and regions around the world, helping more than 45 million users to achieve "smart" trading through a variety of trading solutions such as leading copy trading services. Bitget Wallet , formerly known as BitKeep, is a world-class multi-chain crypto wallet that provides a range of Web3 solutions and interactive functions, integrating wallets, Swap, NFT markets, DApp browsers, etc. Bitget encourages individuals to embrace cryptocurrencies by working with trusted partners, including being the official cryptocurrency partner of the world's top professional football league La Liga in East Asia, Southeast Asia and Latin America, as well as Olympic athlete partners such as wrestling world champion Buse Tosun Çavuşoğlu, boxing gold medalist Samet Gümüş and volleyball national team member İlkin Aydın.

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About Bitget Wallet

Bitget Wallet is the world's leading decentralized Web3 wallet, serving more than 80 million users. It supports more than 130 mainstream public chains and millions of crypto assets, providing one-stop asset management, trading, market data, DApp browsing, financial management and payment functions. The wallet aggregates hundreds of decentralized trading platforms and cross-chain bridges, supporting multi-chain interaction. Bitget Wallet has established a $300 million user protection fund to enhance asset security.

Bitget Wallet official website | X