According to crypto analysts.

2025-01-24 07:36:07

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Crypto analyst says two small-cap memcoins will rise amid low market sentiment - The Daily Hodl According to a popular crypto analyst, two small-cap memcoins will rise amid low market sentiment.

A pseudonymous analyst known as Pentoshi told 846,600 subscribers on social media platform X that the useful tokens of the Pudgy Penguins unique token (‘NFT’) project, PENGU and… , Fwog memecoin (‘FWOG’), said they are optimistic about Fwog memecoin (‘FWOG’). At the time of writing, PENGU is trading at USD 0.0244. The cryptoasset, ranked 88th by market capitalization, has risen in price by almost 4% in the last 24 hours. At the time of writing, FWOG is trading at USD 0.187. This crypto asset, which ranks 380th in market capitalization, has fallen nearly 5% in the last 24 hours. Pentoshi also notes that sentiment in the #cryptocurrency market is now extremely low. Here’s a chart of the market and #alt . What happened. Excessive trading, probably big, chopping on low timeframes, not following trends or big ranges{ exchanging good coins/assets for bad coins/assets, trying to do it overnight, too much risk in a low interest rate game, and obviously the returns this cycle will be significantly reduced in #altcoins . Read us at: Compass Investments

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