According to @KookCapitalLLC, PENGU has 873k holders, indicating unusually broad distribution for a meme coin; source: @KookCapitalLLC on X, Aug 9, 2025. The author also claims PENGU could become the first meme since DOGE to reach 1 million holders and that a new ATH is imminent; source: @KookCapitalLLC on X, Aug 9, 2025. Traders should independently verify the holder count and top-holder concentration via token holder pages on Etherscan or Solscan before positioning, as these pages report unique holders and distribution by wallet; source: Etherscan Token Tracker and Solscan Token Holders. Holder distribution, active addresses, and top-10 wallet share are commonly used on-chain metrics to assess adoption and supply concentration for trade execution planning; source: Glassnode Academy, On-chain Metrics Basics.