$PENGU
Hey guys! 👋
Analyzing PENGU/USDT for you... The penguin coin is going through an interesting moment!
The token hit an ATH of $0.057 a few days ago (12/17) but is now correcting strongly, having already dropped to $0.033 (-8.32%). Normal for the crypto market, right? 🎢
What's drawing attention:
- Daily volume of $412 million (there's a lot of movement)
- Market cap of $2.1 billion (it's not just any memecoin)
- There are still 30% of the tokens to enter the market (be careful!)
My view? The short term is bearish due to the recent drop and selling pressure. BUT... if the crypto market continues to heat up and the penguin NFT hype comes back strong, there could be a cool pump.
IMPORTANT TIP: Guys, a memecoin is a memecoin! Don't put rent money into this! If you're going to invest, use money that won't hurt your pocket if you lose it. And always set a stop loss.