Hmm, and that is why it's trending on X right now? I was a bit surprised to see it and so I did try to research but I was brought in this thread. And to be honest, I'm not into meme coins. But perhaps who have investing on $PENGU could be very happy to see get listed on even considered to be the next meme coin.
And for those too late, not sure if it is still a good investment. I mean it could have been used for pump and dump and so if you invested at the top, obviously, you will not get that huge profits as compare who have invested early. But still, based on your risk appetite if you are willing to join the party this late.
The Pengus are known for me mostly through their NFTs, not the meme that is now spreading like a wild fire: and I agree with you, risks are pretty high there due to the show already playing out the way it is.
The cap is big, but the appetite of different people is higher.