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$SEI
Looks so weak. i'll be more confident on this chart if it reclaims $0.5366
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SEI
0,4347
-16.97%
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It's a pretty good Spot to deploy some Capital in the market in my opinion 40 -50% discount on average is so good.
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If you're holding Altcoins on Spot, I don't think you should panic knowing that Altcoins are down 40-50% on average from the last peak. It's not going to zero. this is the third sell off without any significant bounce. I do think there will be a good bounce soon. Remember we are still in bull market , $BTC Is still close to $100k. If you're on Spot, Take no worries.
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Got a few comments asking me if I'm buying or not. No not buying. I probably won't do anything until next week.
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Based on the current market situation , I would suggest you to study this article on market structure. If you're holding Altcoins. Apply this on your Altcoin charts. Preferably Daily and weekly charts.
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As $PENGU was listed on Binance here is some information you may need to know. **What is Pengu?** PENGU is the official token of the Pudgy Penguins NFT collection The Pudgy Penguins project has long been a symbol of positivity and innovation within the NFT and crypto space. Known for its iconic penguin-themed NFTs and community-driven ethos, Pudgy Penguins has expanded its ecosystem with the introduction of the $PENGU token. The Pudgy Penguins NFT collection was launched on the Ethereum blockchain and has grown into one of the biggest NFT projects but PENGU token was launched on Solana chain. What is the Project Mission & Value Proposition? Project mission To grow the Pudgy Penguins community and build a community of people that resonate with the character and brand and are a beacon of memetic culture, a bastion of good vibes, and people that want to signify their role in the historic underdog story of Pudgy Penguins.Ā ā¢Value Proposition The token has no utility associated with it as it is simply a way for people to join the Pudgy Penguins community. The Pudgy Penguins brand will continue to break barriers with consumers through different retail, content, gaming, and social initiatives. ** Pengu Tokenomics ** The total supply and max supply of PENGU is 88,888,888,888. The circulating supply upon listing on Binance will be 62,415,951,646 (including HODLer airdrop token rewards). Pengu tokens were also airdropped to users who are holding BNB and are subscribed to Simple earn products. If you're interested to get future Airdrops i shared details on this Article. You can check it out šš» Pengu Binance Hodler Airdrop
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