The NFT craze reignites, Fat Penguin $PENGU faces strong competitors!
Currently, market funds are shifting from meme coins to strong NFT projects,
such as CryptoPunks and BAYC, which outperform the market significantly, putting PENGU under pressure.
Meanwhile, the rising stars $ANIME and $DOOD are attracting countless followers: ANIME is heating up with anime IP, while DOOD is seen as a potential stock due to its low valuation and strong community, with analysts even calling for a 10x potential.
In contrast, PENGU is already overbought, RSI above 80, and valued at 2 billion dollars, posing significant risks.
Summary: The NFT space is becoming increasingly competitive; where the funds go is the real trend. Don't just watch the excitement, remember to focus on the fundamentals!
