On September 26, market data revealed that the market capitalization of Solana chain meme token Pesto The Baby King Penguin (PESTO) surpassed 26 million USD. This significant milestone was marked by a remarkable daily increase of 275%, setting a new all-time high. According to community sources, PESTO represents an adorable giant emperor penguin, a species native to Australia, and enjoys popularity in the Web2 space, likened to the iconic hippopotamus Moodeng. However, it’s important to note that COINOTAG advises caution, warning investors of the inherent volatility associated with meme coins. Strategic investment decisions should be made prudently.
Source: https://en.coinotag.com/breakingnews/solana-meme-coin-pesto-hits-record-high-with-market-value-surpassing-26m-after-275-surge/