$PENGU now 0.010124; in 24h it’s up 15.72%, and the trading volume has reached 225.4M. For a meme, that amount is pretty solid. Compared to similar ones, $WIF and $BONK haven’t been this aggressive recently—this move from $PENGU looks more like an independent trend.
What’s interesting is its position. The 24h high/low is 0.008616 to 0.010499, with an amplitude over 20%; the current price is hovering near the upper edge. You know, $WIF and $BONK are still stuck in their respective consolidation ranges right now and haven’t broken out into this kind of single-day volume-spike pattern. Relative to the rest, $PENGU ’s short-term capital activity is among the more active ones in this batch of memes.
Of course, it’s still a bit below the all-time high, which suggests there are indeed sellers up there. Whether it can hold the 0.0105 level is the key—if it can’t, it could turn into another fake breakout. Chasing in at this spot carries significant risk; instead, it’s better to pull up a chair and watch—see whether it continues charging upward or pulls back and washes the market.
For now, that’s it—I’ll keep monitoring the chart…
What’s interesting is its position. The 24h high/low is 0.008616 to 0.010499, with an amplitude over 20%; the current price is hovering near the upper edge. You know, $WIF and $BONK are still stuck in their respective consolidation ranges right now and haven’t broken out into this kind of single-day volume-spike pattern. Relative to the rest, $PENGU ’s short-term capital activity is among the more active ones in this batch of memes.
Of course, it’s still a bit below the all-time high, which suggests there are indeed sellers up there. Whether it can hold the 0.0105 level is the key—if it can’t, it could turn into another fake breakout. Chasing in at this spot carries significant risk; instead, it’s better to pull up a chair and watch—see whether it continues charging upward or pulls back and washes the market.
For now, that’s it—I’ll keep monitoring the chart…