It’s one of those memecoins where you ask yourself should you buy it. I am not giving financial advice here but it’s usually best to buy these coins before they get listed on major exchanges. I won’t be buying it but it could definitely rise in price significantly. It’s just not something I would put any more than 5% of my portfolio into.
This is an interesting thing with the potential and growth that exists, over time the increase in this pengu coin becomes its own attraction, there is nothing wrong with buying, with the limitations that need to be seen about the opportunities that may exist, with the potential for its increase and that makes it an investment attraction by visiting existing trades.
To see it as an opportunity, we already need to think about what would eventually bring the price down and how far we are from that point in perspective. Only then a decision can be made.