Predicting whether $PENGU (PENGUUSDT Perpetual) will hit $100 is speculative and depends on various market factors like demand, adoption, market sentiment, and overall crypto trends. Reaching milestones like $10 or $100 often requires strong fundamentals, significant utility, and broad investor interest.
Key Points to Consider:
1. Market Trends: Analyze the broader cryptocurrency market to see if there’s growing interest in similar assets.
2. Community and Utility: Tokens often rise in value if they have strong community backing and real-world utility.
3. Technical Analysis: Look at support/resistance levels, trading volume, and historical price movements.
4. External Influences: Exchange listings (e.g., Binance), partnerships, or endorsements can drive significant price movements.
5. Do Your Own Research (DYOR): Ensure you understand the risks and the fundamentals of $PENGU before investing.
Remember, cryptocurrencies are highly volatile, and investing without proper research can be risky.