$PENGU
Why Pengu Coin is Good for Spot Trading Only
1️⃣ High Volatility: Pengu Coin experiences sharp price movements, making it ideal for short-term spot trading but risky for leverage in futures.
2️⃣ Low Liquidity: Limited liquidity increases slippage, which can be problematic for margin or futures trading.
3️⃣ No Long-Term Utility: Pengu Coin might lack strong fundamentals, making it unsuitable for long-term holds or futures contracts.
4️⃣ Pump-and-Dump Risks: As a speculative token, it is often prone to quick pumps and dumps, best suited for spot trades where risk is lower.
5️⃣ Simpler Risk Management: Spot trading limits losses to the initial investment, while futures trading can result in liquidation.
6️⃣ Community-Driven Hype: The coin relies heavily on social media trends, which are more favorable for quick spot trades.
7️⃣ Unpredictable News Impact: Sudden announcements or updates may cause drastic price changes, better managed in spot trading without added leverage.