Just took a quick look at the data—there’s something here.
$PENGU I’d swipe right past. The floor price for Pudgy Penguins has been pretty resilient lately, but NFT market liquidity is what it is. When something hits the trending searches, it’s usually a sign that retail traders are chasing the pump. Meme-driven hype comes and goes fast, and if you chase it, you’ll probably end up holding the bag.
$NEAR is worth keeping an eye on, though. Daily active addresses on-chain have grown for two weeks straight, and ecosystem projects are rolling out faster than on many L1s. I opened a small position around 0.42, with a stop-loss at 0.36. The idea is to wait for it to break through the psychological 0.5 level.
ZEC hitting number ten on the trending list deserves a closer look. Regulatory risk has always hung over privacy coins. The higher ranking could be due to short-term speculation, but is there any real catalyst? Doesn’t seem like it. I stay away from pure speculation.
For now, I’m only keeping an eye on $NEAR . If this pullback can hold at 0.38, I’ll consider adding to my position.
Are you holding or sitting on the sidelines right now? How big are your positions?
#Write2Earn #Crypto
⚠️ These are my personal views and not investment advice.
$PENGU I’d swipe right past. The floor price for Pudgy Penguins has been pretty resilient lately, but NFT market liquidity is what it is. When something hits the trending searches, it’s usually a sign that retail traders are chasing the pump. Meme-driven hype comes and goes fast, and if you chase it, you’ll probably end up holding the bag.
$NEAR is worth keeping an eye on, though. Daily active addresses on-chain have grown for two weeks straight, and ecosystem projects are rolling out faster than on many L1s. I opened a small position around 0.42, with a stop-loss at 0.36. The idea is to wait for it to break through the psychological 0.5 level.
ZEC hitting number ten on the trending list deserves a closer look. Regulatory risk has always hung over privacy coins. The higher ranking could be due to short-term speculation, but is there any real catalyst? Doesn’t seem like it. I stay away from pure speculation.
For now, I’m only keeping an eye on $NEAR . If this pullback can hold at 0.38, I’ll consider adding to my position.
Are you holding or sitting on the sidelines right now? How big are your positions?
#Write2Earn #Crypto
⚠️ These are my personal views and not investment advice.