Recently, some popular tokens in the crypto assets market have attracted widespread follow from investors. In particular, the $PENGU token seems to have reached its price peak. Market observations indicate that major institutional investors and Large Investors are gradually reducing their Holdings.



Although the possibility of a second price peak cannot be ruled out, the investment value of entering this Token has significantly decreased in terms of risk-reward ratio. This phenomenon reflects a common trend in the secondary market during this bull market: when Altcoins rise about tenfold from their lows, the market generally believes they are close to their peak.

Similar situations have previously occurred with the $MOODENG Token. This pattern suggests that the upcoming market trend may enter a high-level consolidation phase, accompanied by slow but persistent selling pressure.

This phenomenon reminds investors to assess the current market conditions more cautiously, weighing potential risks and rewards. At the same time, it highlights the importance of timely identifying market cycles and investment opportunities in the Crypto Assets market. In this rapidly changing field, staying vigilant and adjusting strategies in a timely manner becomes increasingly important.
PENGU-9.4%
MOODENG-10.59%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Share
Comment
0/400
UnluckyMinervip
· 07-30 13:49
Trap cash and leave.
View OriginalReply0
OnchainUndercovervip
· 07-30 13:46
A solitary figure on the mountain top
View OriginalReply0
GetRichLeekvip
· 07-30 13:46
play people for suckers and then Rug Pull
View OriginalReply0
SellTheBouncevip
· 07-30 13:44
Cut Loss close all positions
View OriginalReply0
ForkYouPayMevip
· 07-30 13:40
Already lying in ambush.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)