Many people are buying Penguin coins mainly because of meme hype and community interest. Penguin-themed cryptos like PENGU (from the Pudgy Penguins NFT project) and other penguin meme coins are trending on social media and crypto forums, which attracts buyers looking for quick gains or fun projects.

This trend is partly driven by viral posts and influencer attention that push more traders to notice and buy these tokens. 

PENGU is tied to the popular Pudgy Penguins NFT brand, which has a large online community and expanding projects like games and merchandise. This makes some investors believe the token could grow beyond just a joke coin. 

The recent meme trends and viral penguin images online also help increase interest, so yes, the viral meme culture around penguins partly explains why people are buying now. 

However, meme coins are very risky and prices can change fast, so many buyers are speculating rather than investing in longterm value.

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PENGUINSolana
PENGUIN
0.086899
-9.08%