Noorr
07/14 04:46
A prominent crypto analyst, Honey, highlighted that PENGU, the rising meme coin, has caught market players unprepared with an explosive almost 3x rise, yielding a textbook price structure that’s far too rare with such precision among smaller-cap crypto assets. From lows following the airdrop to the positive growth, the most recent run of PENGU is the very best demonstration of market structure and momentum dynamics.
The pattern began with the classic post-airdrop selloff, the typical phase in which initial claimers take profits and the price reverses abruptly. But instead of disappearing, the coin embarked on a textbook accumulation phase, with stable volume patterns and decreasing volatility.
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