$PENGU Back to Antarctica? In August, the price fell from its all-time high of $0.60 in July to $0.38. The current price (September) is $0.28, down approximately 50% from that peak. Without a catalyst, NFTs will enter a period of dormancy or nervousness. From the outset, I was skeptical of this "mania" and warned of a subsequent pullback, which occurred in less than a month. Since mid-August, PENGU has been trading below $0.40. I don't consider NFTs inherently bad. Although it's difficult to consider them a good investment for speculative trading. You have to be truly willing to view them as assets and hold them long-term or indefinitely, but that's impossible if you don't even like the art itself... {future}(PENGUUSDT) By the way, penguin colonies are in Antarctica (Earth's South Pole)... Real penguins migrate south during the winter because it's summer (from a polar perspective, which is to say, from a continental perspective, it's still too cold to call it summer, but whatever...) I believe anyone who bought at the highs will be left stranded (as shown in the chart below). {future}(ETHUSDT) {future}(SOLUSDT) $SOL $AR #pengu #MarketPullback #MEME
Risk and Disclaimer:The content shared by the author represents only their personal views and does not reflect the position of CoinWorldNet (币界网). CoinWorldNet does not guarantee the truthfulness, accuracy, or originality of the content. This article does not constitute an offer, solicitation, invitation, recommendation, or advice to buy or sell any investment products or make any investment decisions
No Comments
edit
comment
collection49
like48
share