Is $PENG The Coolest New Memecoin on Solana?

[VicManton]

If you thought Solana was all about serious projects, think again. $PENG seems to bring the fun. Think of it as a super cute penguin with a dash of Pepe the Frog energy – a little quirky, a lot of meme potential.  This isn't just about those quick profits (though those are nice too).

$PENG seems to be about building community and injecting some fresh energy into the Solana blockchain. It's a chance to let loose, have a laugh, and maybe even catch that next big memecoin wave while it's still early.

For anyone who is new to memecoins or the Solana space, then $PENG is a great place to start. It's easy to get involved, the vibe is still warming up and who knows, you might just end up with a bag full of $PENG and some hilarious stories to tell.
So, do you think about joining this cool penguin party on Solana?

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[Adbitco]

Seems you are holding enough of it for talking about them most times influencers or investors always put efforts on the coin they invested heavily to give a hype about them so that it would attracts more investors to the project to enable them have more investors. The more they invested the more the coin keeps appreciating. Well I have never read about this coin but I know any coin within the bull run always seems to be pretty much good because of influence of bull market, therefore while investing into this project or in any altcoin you should only invest the amount you can afford to lose.

[KingsDen]

Seems you are holding enough of it for talking about them most times influencers or investors always put efforts on the coin they invested heavily to give a hype about them so that it would attracts more investors to the project to enable them have more investors. The more they invested the more the coin keeps appreciating. Well I have never read about this coin but I know any coin within the bull run always seems to be pretty much good because of influence of bull market, therefore while investing into this project or in any altcoin you should only invest the amount you can afford to lose.

That's right.
Meme coins are just dependent on hype and nothing more. So, the project owners invest more in promotion and hyping to get people into the project. I am just surprised why these new meme coins are mostly from the Solana network. The likes of PEPE and Bonk are inclusive. Any special reasons for that?

[Mpamaegbu]

Seems you are holding enough of it for talking about them...

Maybe OP does 😏. Remember the axiom – where a man's treasure is that's where his heart will be.

That aside, I've come to discover that almost all memes on the Solana chain from Analos, Pepe, Loaf Cat, Bonk to Wen have had nice run on their prices upon listing. Nonetheless, the meme thing cuts across several chains in this crypto space. I think it's an innovation different chains are using to draw attention to their main chains. it's not just Solana alone. These projets are doing a fantastic job at it. As for Peng, within its few days (3 days) of listing we can say it has done tremendously well leaping from $0.08+ to $0.51+ before relapsing. Its supply isn't that much and I believe it can do more than $1 during this rally.

[electronicash]

regardless of how useless these memecoins are, the people who are new to the crypto sphere see them to be an opportunity to invest with the hopes of making money. it may not be true anymore because the memecoins are flooding the market. 

when there is a memecoin that becomes popular in a certain blockchain like SOLANA, it sticks to the minds of the investors. when it comes to memecoin in Solana, it's Bonk that people knew. Peng won't be able to erase Bonk.  just as SHIB on ETH.

[Adbitco]

Seems you are holding enough of it for talking about them most times influencers or investors always put efforts on the coin they invested heavily to give a hype about them so that it would attracts more investors to the project to enable them have more investors. The more they invested the more the coin keeps appreciating. Well I have never read about this coin but I know any coin within the bull run always seems to be pretty much good because of influence of bull market, therefore while investing into this project or in any altcoin you should only invest the amount you can afford to lose.

That's right.
Meme coins are just dependent on hype and nothing more. So, the project owners invest more in promotion and hyping to get people into the project. I am just surprised why these new meme coins are mostly from the Solana network. The likes of PEPE and Bonk are inclusive. Any special reasons for that?

Nothing much they are only trying to utilize the bull run, come to think of this why are most projects listing between halving and bull run? Have you asked yourself about this and during bear all project owners seems to stay back because they could incur serious lost along the line that is why they stay back and watch the market carefully before launching.

[Sophokles]

The meme coin attribute has changed a little bit after all these years, and we are seeing some of the utility focused meme coin on the market. It has become a trend for all the ecosystems to have their own meme project. Doge, Shiba Inu, Pepe are dominating the meme sector in the ETH mainnet when solana is also developing her own. Solana has become a hub for meme project due to its low transaction cost, and most of the meme projects are trash and developed to scam people so its obvious why solana is their first choice and PENG is no exception. But as i mentioned already, there are some utility focused and fair meme coin launches in the market and Puff in the mantle one of them.

[Iamcrypticguy]

Seems you are holding enough of it for talking about them most times influencers or investors always put efforts on the coin they invested heavily to give a hype about them so that it would attracts more investors to the project to enable them have more investors. The more they invested the more the coin keeps appreciating. Well I have never read about this coin but I know any coin within the bull run always seems to be pretty much good because of influence of bull market, therefore while investing into this project or in any altcoin you should only invest the amount you can afford to lose.

That's right.
Meme coins are just dependent on hype and nothing more. So, the project owners invest more in promotion and hyping to get people into the project. I am just surprised why these new meme coins are mostly from the Solana network. The likes of PEPE and Bonk are inclusive. Any special reasons for that?

Low fees on Solana, I think that's the major reason. When there's low fees, it can be accessed more unlike eth that only whales or top users can purchase on DEX cos of fees.. I think I'll look at PENG and revert my opinion. Anything from Solana with good community and exposure tends to do well this season ahah..

[Reatim]

regardless of how useless these memecoins are, the people who are new to the crypto sphere see them to be an opportunity to invest with the hopes of making money. it may not be true anymore because the memecoins are flooding the market. 

Since a lot of memecoins are hyped from the beginning…most investors,
when they catch these memecoins early, get to have massive profits considering that they play their cards right meaning buying when it was still cheap and selling when everyone is trying to get into it

when there is a memecoin that becomes popular in a certain blockchain like SOLANA, it sticks to the minds of the investors. when it comes to memecoin in Solana, it's Bonk that people knew. Peng won't be able to erase Bonk.  just as SHIB on ETH.

You’re right but I also think it is not that far off since solana is now almost a household name and everyone seems to have heard of it. They can now start associating peng into the name.

[DeathAngel]

Nobody ever really knows which memecoin will succeed & pump from nowhere. Sometimes it’s coins with a ridiculously high supply that really shouldn’t do well but with memecoins they rely on hype, social media influencers shilling them & sometimes just luck. Whether $PENG is the next memecoin though, is difficult to say. If it has a thriving, passionate community, lots of crypto influencers shilling it & a bit of good luck then possibly yes.

[benalexis12]

If you thought Solana was all about serious projects, think again. $PENG seems to bring the fun. Think of it as a super cute penguin with a dash of Pepe the Frog energy – a little quirky, a lot of meme potential.  This isn't just about those quick profits (though those are nice too).

$PENG seems to be about building community and injecting some fresh energy into the Solana blockchain. It's a chance to let loose, have a laugh, and maybe even catch that next big memecoin wave while it's still early.

For anyone who is new to memecoins or the Solana space, then $PENG is a great place to start. It's easy to get involved, the vibe is still warming up and who knows, you might just end up with a bag full of $PENG and some hilarious stories to tell.
So, do you think about joining this cool penguin party on Solana?

Well, that's your choice. For me, I don't like the meme coin you're talking about. I prefer the meme coins that have a low price, but at least the volume in the market is good.
But that's the expensive price, and then the volume doesn't seem to fit the price.

I would prefer Floki, Shib, Pepe, Caw, and Bonk to what you mentioned, but I respect your choice because you believe that you can get a good profit there.

[PurpleDog]

PEPE is about to test the psychological resistance of 1 USDT.

If it breaks it, I might put even more money to it.

 

[strunberg]

For anyone who is new to memecoins or the Solana space, then $PENG is a great place to start. It's easy to get involved, the vibe is still warming up and who knows, you might just end up with a bag full of $PENG and some hilarious stories to tell.
So, do you think about joining this cool penguin party on Solana?

Investing in meme coins is very risky. Because most of the prices are pumped up by hype and will immediately undergo a sharp correction. I just saw a user discussing PENG here: https://bitcointalk.org/index.php?topic=5488775.msg63801660#msg63801660. It looks like it is indeed one of the potential meme coins. But in the last 24 hours the price has been pumped up and is almost to $1. I think it's a bit expensive for a meme coin. What makes people like meme coins is that they are very cheap so it's like buying in large quantities. I already said I would try investing a few dollars there. I also have BONK and PEPE and I have made 100% profit because of the hype last week. But I am not encouraging anyone else to invest and this is not financial advice.

[TsukiyomiMoon]

Memecoins are in high demand this bullion because Doge and Shiba have shown that a substantial amount of ROI can be made. Tsukiyomi an Ethereum memecoin inspired by the Japanese moon god is set to take off on Monday March 14th (Follow twitter account for an exact time). Tsukiyomi believes in community collaborative initiative were member ban together to create something breath taking.

Tsukiyomi emerges as a unique and spiritually inspired project. A cat memecoin named after the Japanese moon god, Tsukiyomi embodies a fusion of ancient wisdom, meme culture, and modern blockchain technology.

Check them out on Twitter- https://twitter.com/Tsukiyomi_io

[PurpleDog]

PENG reached  1.8 USDT  two hours ago. Now it's still bullish at 1.6

It's crazy!  

[Bushdark]

The way you are talking about this project, are you sure you are not too excited about the project which is somehow new to us?
I am I fan of good meme projects but I am always very careful about new projects even though they are not a bad one to hold.
If this project has good team and is built on the Solana network, it could be a good one to hold buy we'll have to do some research to know how profitable it could be investing in such a meme project built on Solana.

[Sunderland]

Whales pumping it hard yesterday for a few hours and the price rising 1184.2% in 7 days lol, what do you think will happen next?
Less than 3 hours the price already down to $1.4 from $1.6, sorry to say but I dont see any "future" with the current price now.
Even a dollar maybe is too much for 1 meme token like this, bad thing will happen when the holders start to panic because of whales start to dump it later.

[PurpleDog]

I suppose you are right in the sense that whales can manipulate it. But, the fluctuation is normal up to now and the trend is still bullish, still to mark resistance and support.

I am watching it constantly so that I can get out on time, in case something seems to go wrong.

But... after showing the potential, I think it's even in the whales' favor to keep the uptrend going.