Many meme coins seem to have skyrocketed.
The ones that have peaked recently, like PEPE and Harambe, seem kind of risky to get it, at these heights. Of course, they may continue climbing up, now that they have gained the focus.
Any new ones that you think might go high, when it's still early on?
I see PENG
at MEXC, for example, having break its previous resistance, right now, and going up. Do you think this can be a thing?
Any other suggestions?
Thanks
In my personal perception, I don't want to do dca on a meme coin that is more than 1 dollar per coin. I doubt that he will reach more than that value. Just before it was listed in Mexico, its obviously pumped immediately. Imagine that just 7 days ago, its price value was around 0.08993$ per coin
https://www.coingecko.com/en/coins/peng, and then after 1 week, it pumped like that.
That means there will be a big retracement that he will go back down to 0.1$ to 0.2$. If he ever drops to that price, maybe I can still buy it, but at that price as a meme coin, I won't buy it.