Meme Coin PENGUIN Skyrockets 165% After White House’s Trump-Penguin Post

Meme Coin PENGUIN Skyrockets 165% After White House’s Trump-Penguin Post

The Nietzschean Penguin price has sustained its surge this week, having rallied over 2,280% in the last 2 days alone.

The PENGUIN price is up 165% over the last 24 hours, trading at $0.115, down from its all-time high of around $0.173. The trading volume has also skyrocketed by 183% to $479 million, a sign that it is continuing to pick up.

The dramatic surge comes after the White House posted an AI-generated image featuring US President Donald Trump walking alongside a penguin toward icy mountains.

White House Fuels Speculation With Cryptic ‘Penguin Meme’

US President Donald Trump, who has repeatedly expressed his desire to acquire Greenland from Denmark, has now joined an online trend featuring the widely shared “Nihilist Penguin” meme.

The meme, which has circulated for nearly two decades, originates from Werner Herzog’s 2007 documentary Encounters at the End of the World. The footage shows a lone Adélie penguin leaving its colony and wandering toward the Antarctic. Over time, this clip evolved into what many now call the “Nihilist Penguin,” “Lonely Penguin,” or “Wandering Penguin” meme.

In the visual, the penguin holds the US flag, while the mountains display the flag of Greenland, with the caption: “Embrace The Penguin.” 

The post prompted investors to interpret it as the White House supporting a meme token, which led to the dramatic surge, given that the PENGUIN token was created only around 9 days ago and had fallen to $0.0049 two days earlier.

This comes as the meme coin space edged down to $44.5 billion, and as major tokens dropped over 1% in the last 24 hours.

Will the price of PENGUIN continue soaring?

Nietzschean Penguin Price Shows Signs of Short-Term Exhaustion

Nietzschean Penguin has pulled back after an aggressive upside move, with the price declining more than 5% in the latest session on the 30-minute chart. The retracement comes after the token rallied strongly from its local base, suggesting early signs of momentum fatigue rather than a confirmed trend reversal.

PENGUIN remains above its 50-day Simple Moving Average (SMA) on the 30-minute chart, currently near 0.100, and the SMA continues to slope upward. This indicates that the broader short-term trend is still bullish.

However, the price of PENGUIN has stalled near the 0 Fibonacci retracement level around 0.17 and has failed to push higher, highlighting supply pressure at this zone.

The market is now consolidating just above the 0.236 Fibonacci level, an area that often acts as a decision zone following impulsive moves. As long as the price holds above the rising 50-day SMA, the structure remains bullish.

PENGUIN/USDT Chart Analysis: TradingView

Momentum indicators reflect the equilibrium sentiment. The Relative Strength Index (RSI) has cooled from overbought conditions and is now hovering near the mid-40s to low-50s range, suggesting weakening buying strength but not yet signaling oversold conditions. These levels show that PENGUIN is undergoing some slight profit-taking.

If the Nietzschean Penguin price fails to hold the $0.10–$0.095 support region, a deeper retracement toward the $0.07–$0.06 zone could follow.

About Author

Evans Karanja

About Author

Evans Karanja

Evans Karanja

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