No one’s buying the AI story anymore. The funny stuff, though, is back first.
The sector snapshot published on October 29 covers the 24 hours of October 28.
The Meme sector rose 2.97%.
Over the same period, the AI sector fell 8.51%.
The broader market didn’t really pick a direction: 6 of the 8 sectors rose.
The NFT sector also rose 2.56%.
Pudgy Penguins, within it, rose 3.73%.
On the morning of October 29, PENGU was trading around $0.0076.
The two biggest losers in AI fell 30.15% and 67.22% in a single day.
Money betting on tech hasn’t returned; money driven by sentiment came back first.
One day’s data can’t tell us the trend.
But it does show where the money is going today.
With AI falling this hard and Meme bouncing back first, what is the money betting on this time: the story, or the sentiment?
Just my personal opinion; not investment advice.
#板块轮动 $PENGU
The sector snapshot published on October 29 covers the 24 hours of October 28.
The Meme sector rose 2.97%.
Over the same period, the AI sector fell 8.51%.
The broader market didn’t really pick a direction: 6 of the 8 sectors rose.
The NFT sector also rose 2.56%.
Pudgy Penguins, within it, rose 3.73%.
On the morning of October 29, PENGU was trading around $0.0076.
The two biggest losers in AI fell 30.15% and 67.22% in a single day.
Money betting on tech hasn’t returned; money driven by sentiment came back first.
One day’s data can’t tell us the trend.
But it does show where the money is going today.
With AI falling this hard and Meme bouncing back first, what is the money betting on this time: the story, or the sentiment?
Just my personal opinion; not investment advice.
#板块轮动 $PENGU
