PENGU: likely speculative hype unless fundamentals appear
I'm skeptical that PENGU is a long-term Solana masterpiece — it currently reads like a social-media driven pump unless it has real utility, developer activity, and meaningful liquidity.
If you think it can hit $1, you're relying on an enormous, sustained inflow of capital; that's an asymmetric, high-risk bet. I'm not inclined to short blindly right now — I'd wait for clear distribution signals or a liquidity crunch.
My plan would be to monitor on-chain metrics and the roadmap, keep any exposure small, and use strict risk management if I trade it.
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Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.