【About PNUT】
I have been scrolling through the screen for pnut all morning. I just checked it out and would like to talk about it briefly.
First, from the perspective of market sentiment, since it is already the late stage of this cycle, it is unlikely that any coin here will have a particularly large upward trend, so there is no need to rush to trade this kind of coin.
From the perspective of popularity, it undoubtedly attracted the attention of the entire market instantly, which is a plus point. The transaction volume exploded instantly, which is somewhat unfriendly to neiro, after all, it robbed some of the funds of the hype leader.
Logically, at present, this logic is not completely a fraud. There is a story behind it. It is probably that the law enforcement department caught a squirrel named peanut for rabies examination, and then humanely destroyed it, and then animal lovers were not happy, Musk and Trump's son came out to support it, so many people issued a bunch of related coins. It is not really a fraud, maybe this matter was not popular before, and everyone didn't know.
Then let's talk about the opportunities.
First, I will definitely not participate in this stage. After all, the coin that rises at the end of the cycle, if you put so much and pull it so high, you may be trapped at any time if you don't buy it well.
Second, according to experience, the market position of pnut is quite embarrassing.
1. The mainstream funds that recognize Musk's logic are all in doge. If they want to divide the money here, if they are not hyped enough, both will die together. If they can hype it, they have to look at doge's face most of the time, and it is difficult to get out of their own independent market.
2. The market has already produced neiro, and neiro's logic is more authentic than his, but Musk is more popular recently, so the outbreak of pnut here seems stronger. Neiro is a leader that has gone through the baptism of time and the market's divergence. Its market position is not comparable to this kind of coin that rises by sending a message. In general experience, no matter how strong pnut is, it can only be a stepping stone for neiro. Of course, this is just general experience, after all, Musk has been in the limelight recently.
Conclusion:
So I will continue to hold neiro, and wait for the next cycle if pnut can rise to more than 1.5 before considering whether to switch.
Don’t ask me why I have to wait until 1.5. If I can make money by 2 yuan, I can chase it. If I can’t make money, I will also lose money if I buy at 0.1. I only care about whether it can go up after I buy, no matter how much it has increased before.
