Same story for $PENGU as for $ETH: These two are currently far ahead of the rest of the market, which typically means theyāre entering a distribution phase. During this period, capital often rotates into lagging assets, so while ETH and PENGU might see a slight move higher, donāt expect major gains. Instead, expect a consolidation or slight pullback over the next 4ā6 weeks, while other parts of the market outperform.
As for PENGU specifically:
I know thereās a lot of hype right now and many enthusiastic buyers came in at the top, especially during the āeveryone changing their profile picture t