In a bear market, after every market plunge and rebound, the altcoins that rebound the most are always MEME coins. So if you’re doing spot trading and you’re trying to bet on a rebound in a bear market, after each major selloff just directly choose coins in the MEME track, like $PEPE $DOGE $PENGU , etc. The reason is simple: MEME coins have no fundamentals. They’re driven purely by sentiment. If you go buy DeFi coins like AAVE and UNI, then in a bear market the fundamentals are definitely not going to be great, so the rebound magnitude is usually average. With MEMEs you don’t need to do research—anyway it’s all air. Just trade and ride the momentum.
Right now, the vast majority of MEME coins have already rebounded. The only one that hasn’t rebounded quite as much is the fat penguin, PENGU. You can take a reasonable entry for now. Every time MEME coins have a broad-based rebound, PENGU won’t disappoint.
Right now, the vast majority of MEME coins have already rebounded. The only one that hasn’t rebounded quite as much is the fat penguin, PENGU. You can take a reasonable entry for now. Every time MEME coins have a broad-based rebound, PENGU won’t disappoint.
