$PNUT is about to rise
Good news 1: On the 18th at 3 PM US time, it will be listed on the Kraken exchange.
Good news 2: The Federal Reserve's new round of interest rate cuts by 25 basis points.
Good news 3: Listing on Coinbase on the 20th.

Bitcoin has reached 100,000. During this period, the meme market hasn't been great, fundamentally due to liquidity withdrawal leading to capital flowing back to secondary altcoins. Even if a golden meme dog appears, it will rise and then fall back just as quickly. But there's no need to worry; we are in a window period. When liquidity returns, the memes in hand will rise, and it could happen very quickly—potentially gaining as much in a day as secondary altcoins do in half a month. So this part is just a waiting game. This is particularly true for memes with narratives and backing, and good data; those that lack everything will likely just be a fleeting wave, and when liquidity returns, they might only see a dead cat bounce without any further pullback.

Analyzing the current situation, Ethereum (ETH) is lagging behind, but it's normal for ETH not to rise at this time. It will definitely rise eventually. In the last bull market, before Bitcoin (BTC) surged to 64,000, ETH also climbed slowly, and it wasn't until about half a month after BTC reached 64,000 that ETH saw a significant upward trend lasting two to three weeks, reaching its peak. This is what's referred to as the real altcoin season. Therefore, if you're buying memes or secondary altcoins now, it's wise to prioritize those in the ETH series. Large-cap dragon coins like Pepe and Neiro. Altcoins with smaller price increases and medium market caps in DeFi projects can be considered. The hottest ones should be approached cautiously; they are likely to be the first to reach their peaks, possibly even ahead of ETH, as they're already quite close to their peaks. Imagine if ETH rises with two weeks of bullish candles, directly hitting 7,000-10,000; wouldn't the memes on the ETH chain go crazy? This is for sure. I believe Pepe will at least briefly surpass Shiba Inu's market cap. Moreover, with Pepe now listed on Robinhood and Coinbase, a conservative estimate puts it at 40-60 billion USD. If things get crazy, I think it could reach half of Dogecoin's market cap.

Christmas is approaching. I wonder if there will be capital outflows among foreigners for the holiday. Let's observe this node closely. Just in time, BTC has also broken through 100,000, so there may be a pullback. It's highly likely to be the last chance to get on board before the final surge. So if you're buying, it's better to wait for a dip to buy. Otherwise, some people might not be able to handle the pressure.