Dan

The token $PENGUIN exploded on Solana And now the whole community is fighting over who really owns it. Here’s what’s happening: - The origin of the meme PENGUIN was born from a viral TikTok clip. People quickly linked it to Nietzsche’s idea of the Übermensch. The meme spread fast across Twitter and Solana circles. - The initial launch On January 16, 2026, a developer associated with BastilleBTC deployed the token. The market cap was around $20k and then went flat. Most people assumed the project was abandoned. The deployer disappeared and PENGUIN was basically considered dead. - The community revival attempt A Solana user known as Dosuka noticed the meme’s potential. He decided to revive it on his own. For nearly 48 hours he raided, posted, replied everywhere, and pushed the meme while still working full time in a factory. He contacted PumpFun and received initial confirmation by email that a Community Takeover could be approved. The token barely moved. After enough exposure, the meme clicked. People started buying. Volume picked up. The chart woke up. PENGUIN began to run. This is the exact moment when everything changed. - The takeover controversy As soon as real traction appeared, PumpFun stopped replying to Dosuka. Shortly after, they rejected the CTO request, saying another team had already taken over the project. Almost immediately, a new “official” team appeared. They started posting. Claimed ownership. Took control of the narrative. Dosuka accused them of waiting for him to do the hard work, then stepping in once the token was alive again. He publicly stated he was done with CTOs, Solana investments, and the space entirely after repeated rugs and personal losses. - Onchain evidence? Users found that the wallet controlling the new “CTO” was directly linked to the original deployer. Same wallet cluster. Same funding trail. The conclusion many reached was simple: The original team let the token die, allowed the community to revive it, and then reclaimed control once the price started moving. At the same time, a White House tweet featuring an AI penguin went viral That brought even more attention and volume. But governance is broken. The community doesn’t trust the devs. The CTO process looks compromised. Will this be the first big memecoin of 2026?