Pudgy Penguins (PENGU)

$PENGU I realize that memes in general are totally dead and that those types of risk on assets aren't going to be coming back until the overall market gets better. With that said, I think that many of these have a few x in them at a minimum when that does happen.

Now, you can say the same thing about any beaten down coin- but memes always have stronger energy in the right environment vs. something dead like TIA.

The only concern is mostly time...it could take a while before these things really strongly move. But I do think that coins like PENGU are good options when solana shitcoins come back. I have a bag.

This coin might surprise us again..

$PENGU rallied +90% in April-May before retracing the entire move later in May-June

However, the project behind it imo is still solid. Currently it has fallen to the same lows as it was before.. given the bearish market conditions I would need to see a technical reclaim but if we do > I see this as one of the most interesting buying opportunities.

👀