The NFT craze is reigniting, and the Fat Penguin $PENGU is facing strong competitors!
Currently, market funds are shifting from meme coins to powerhouse NFT projects,
with “old money collectibles” like CryptoPunks and BAYC outperforming the market, PENGU is starting to feel the pressure.
At the same time, newcomers $ANIME and $DOOD are attracting countless fans: ANIME is heating up through 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, with an RSI breaking 80, and a valuation of 2 billion dollars, posing significant risks.
Summary: The NFT race is becoming increasingly competitive, and where the funds go will truly indicate the trend. Don't just focus on the excitement, remember to keep an eye on the fundamentals!
