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.
I feel decision on buying a token or not is personal. Also, you need to understand that some of these tokens are global debut (meaning you cant find them in the market before listing on exchanges officially). I expect PENGU price to rise significantly because the trading volume still remains higher than the market cap which signifies a lot of investors are coming-in amidst other market sentiment. This is not a financial advice!. Also, investing a certain percentage of your portfolio is wise.