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Author Topic: Pangolin - anyone else invested?  (Read 113 times)
JamesDaniel90 (OP)
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May 05, 2024, 04:25:16 PM
 #1

I bought my first lot of Pangolin the other day during the crash @ $0.35 and hoping we have another crash in the coming weeks to buy more as it has shot up over 50% in a few days.

I like investing in altcoins that have pretty low market cap and most of their supply in circulation and with Pangolin the market cap is only £88m and they have 95% of their supply in circulation which is fantastic which Is why I started investing the other day.

There seems to be quite a bit of hype with it on YouTube & X - just wondering if anyone else is bullish on it?
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May 05, 2024, 04:30:25 PM
 #2

I bought my first lot of Pangolin the other day during the crash @ $0.35 and hoping we have another crash in the coming weeks to buy more as it has shot up over 50% in a few days.

I like investing in altcoins that have pretty low market cap and most of their supply in circulation and with Pangolin the market cap is only £88m and they have 95% of their supply in circulation which is fantastic which Is why I started investing the other day.

There seems to be quite a bit of hype with it on YouTube & X - just wondering if anyone else is bullish on it?

At least provide useful link as reference to what project you are talking since there’s other project name after Pangolin. With the price that you mention, I think you are referring to the Pangolin Exchange https://coinmarketcap.com/currencies/pangolin/.

It’s normal that old exchange tokens have no impact anymore since this market is already saturated. New exchange only received hype because of the airdrop possibility but later on dump after the airdrop was concluded. Only top exchange such as Pancakeswap and other popular exchange received hype because they are the most commonly use which traders still trusted brand.

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May 05, 2024, 05:24:27 PM
 #3

Yes Pangolin PNG - didn’t realise there was another Pangolin.

Current price is $0.55 I’m hoping for at least $5 which would
Give me a 12x return
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May 05, 2024, 06:02:46 PM
 #4

Did you look at its historic chart? The coin/token had an average price of $0.05 from May 2022 up until Feb 2024 which is around 2 years, and that is probably the reason why it has a low market cap because it never had a high price. The market cap of a coin doesn't show how much potential it has because it is just a figure that shows how much is the value of the token multiplied by its supply, and if a coin or a token has a low market cap, it means it isn't in demand. Its value is low, and whether or not it will be in demand in the future is always unknown.

Its price started moving just recently, and it hasn't been able to go anywhere above $0.62 or something, what makes you think that it will go up to $5? The all-time high of it is $4.99 and it's down almost 90% from its all-time high.

I hope you get your desired profits from it, but to be honest, I don't find much potential in it.
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May 05, 2024, 07:10:49 PM
 #5

Did you look at its historic chart? The coin/token had an average price of $0.05 from May 2022 up until Feb 2024 which is around 2 years, and that is probably the reason why it has a low market cap because it never had a high price. The market cap of a coin doesn't show how much potential it has because it is just a figure that shows how much is the value of the token multiplied by its supply, and if a coin or a token has a low market cap, it means it isn't in demand. Its value is low, and whether or not it will be in demand in the future is always unknown.

Its price started moving just recently, and it hasn't been able to go anywhere above $0.62 or something, what makes you think that it will go up to $5? The all-time high of it is $4.99 and it's down almost 90% from its all-time high.

I hope you get your desired profits from it, but to be honest, I don't find much potential in it.

Many people said this to me a few months ago when I invested in Arcblock @ 10 cents last year and it has done a 36x in like 5 months.

We still have many months left of the bull run , likely another year so plenty of time for Pangolin to get even more hype and reach $5 at least.
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May 05, 2024, 09:11:19 PM
 #6

I bought my first lot of Pangolin the other day during the crash @ $0.35 and hoping we have another crash in the coming weeks to buy more as it has shot up over 50% in a few days.

I like investing in altcoins that have pretty low market cap and most of their supply in circulation and with Pangolin the market cap is only £88m and they have 95% of their supply in circulation which is fantastic which Is why I started investing the other day.
First time heard the coins. Taking a look of it and looks like the volume raised a lot in 24 hours which is looks something happen (is there something big happen to this coins? Can't find a news that talking about it).

There seems to be quite a bit of hype with it on YouTube & X - just wondering if anyone else is bullish on it?
Have a bad experience in the past when i just blindly follow the hype trend in X lmao. But that teach me something, atleast.

Gonna check it out later since it available at coinbase.

-
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May 05, 2024, 09:37:38 PM
 #7

Is it the same Pangolin DEX that was exploited? Maybe not. I know about the DEX from the inception and launch on Avalanche buy I haven't tried it out yet. If Avalanche foundation is ready to support memecoins in its ecosystem, then there's a high chance their one of the most valuable projects currently striving in its ecosystem. I don't know much  about the fundamentals of PNG but as long as there's a strong market and altcoins are making move, it might reach $5 even though I think it's far-fatched.

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May 05, 2024, 09:51:27 PM
 #8

Is it the same Pangolin DEX that was exploited? Maybe not. I know about the DEX from the inception and launch on Avalanche buy I haven't tried it out yet. If Avalanche foundation is ready to support memecoins in its ecosystem, then there's a high chance their one of the most valuable projects currently striving in its ecosystem. I don't know much  about the fundamentals of PNG but as long as there's a strong market and altcoins are making move, it might reach $5 even though I think it's far-fatched.

Pengolin at a price of $5 would be a 10x from current price and only give it a $1b market cap and we still have up to a year of the bull run to go for it to reach that price.

I see many saying it can even reach $10 or $20 with how good the tokenomics are. I think $20 is a stretch but $10 might be possible so I’m pretty confident $5 will be reached.
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May 05, 2024, 10:22:32 PM
 #9

Is it the same Pangolin DEX that was exploited? Maybe not. I know about the DEX from the inception and launch on Avalanche buy I haven't tried it out yet. If Avalanche foundation is ready to support memecoins in its ecosystem, then there's a high chance their one of the most valuable projects currently striving in its ecosystem. I don't know much  about the fundamentals of PNG but as long as there's a strong market and altcoins are making move, it might reach $5 even though I think it's far-fatched.

Pengolin at a price of $5 would be a 10x from current price and only give it a $1b market cap and we still have up to a year of the bull run to go for it to reach that price.

I see many saying it can even reach $10 or $20 with how good the tokenomics are. I think $20 is a stretch but $10 might be possible so I’m pretty confident $5 will be reached.

From what I see, you have already made your decision to invest in this token, regardless of anyone telling you about any problem that the token may have, this is visible because you are already seeing 10x profit on this token. I don't know why you are very convinced that you will make a 10x profit on this token, but I wish you much success. I personally wouldn't put my money in this token. But in your case, as you already said, you had a project where people kept telling you the same thing and yet you went ahead and bought it and made a profit of 35%, so you have to follow the same path. Now my question is the following:

How long do you intend to wait to see if the price of this token rises 10x? and why do you want to know if there are more people who have bought this token? What would really change knowing how many people bought this token when you have already made your decision to invest in the token because you believe it will rise 10x? How did you know about this token? Did you hear anyone else saying that this token would rise 10x or did you yourself think it would rise 10x? What criteria did you use to determine that this token will rise 10x?

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May 05, 2024, 10:45:23 PM
 #10

Is it the same Pangolin DEX that was exploited? Maybe not. I know about the DEX from the inception and launch on Avalanche buy I haven't tried it out yet. If Avalanche foundation is ready to support memecoins in its ecosystem, then there's a high chance their one of the most valuable projects currently striving in its ecosystem. I don't know much  about the fundamentals of PNG but as long as there's a strong market and altcoins are making move, it might reach $5 even though I think it's far-fatched.

Pengolin at a price of $5 would be a 10x from current price and only give it a $1b market cap and we still have up to a year of the bull run to go for it to reach that price.

I see many saying it can even reach $10 or $20 with how good the tokenomics are. I think $20 is a stretch but $10 might be possible so I’m pretty confident $5 will be reached.

Like I said, I'm not sure about the fundamentals of Pangolin as I haven't been part of their ecosystem whether as a user or token holder. So I can't say for sure. Since You seem pretty optimistic, I'd like to ask: What is your conviction for PNG? Or is it just based off solely on the tokenmetrics being good? Because there are tons of tokens will good tokenmetrics but still performing poorly in the market.

Most alts lag behind even in a full blown bull run. Just saying.

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May 06, 2024, 11:46:09 AM
 #11

Yes Pangolin PNG - didn’t realise there was another Pangolin.

Current price is $0.55 I’m hoping for at least $5 which would
Give me a 12x return

It’s only possible if this Exchange will receive a huge revamp or update that will drive customers interest to use the service. This is same scenario on Pancakeswap, it pump hard after they offer different feature that rewards token holders.

There’s a chance to hit that price but you will need to be patient and always check for the development. DEX is not that hot anymore since DeFi already lost their steam but they might revive soon on next bull run since restaking is kinda creating a trend on Ethereum and other blockchain. Maybe this DEX might upgrade in the future.

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May 06, 2024, 01:16:05 PM
 #12

Yes Pangolin PNG - didn’t realise there was another Pangolin.

Current price is $0.55 I’m hoping for at least $5 which would
Give me a 12x return


Just hold it my friend. Im not hoping it to reaches ATH asap but i can see that if the price is quite stable at this moment. It shows that if PNG is ready to heading toward $1 first.



I strongly believe that we will see another wave here. The first wave has occurred in the past, allowing pangolin to increase more than 5x from eight cents. This token is performing admirably these days, having increased by more than 50 times its initial price of around 1 cent and it was a massive gain for the token for sure. That's amazing to see that.

I believe that PNG can reach 70 cents before reaching $1 first caued by there will be a lot resistence to come. PSG shall be listed on more big exchange sites in order to gain more voluma. 



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May 06, 2024, 04:06:36 PM
 #13

You have only seen it in "YouTube & X" and not in exchange or reality. If you are investing in any new coin, you have to know the consequences involved and if you are still interested to invest then you have to keep the coins for like years to come so that if the project increases in value then it is your luck and if it is not then you have bear the risk. Altcoins are like gambling.
Though investing in altcoins is somehow better than the altcoins because you investment capital might not lost but in gambling everything will go.

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May 06, 2024, 04:40:53 PM
 #14

There seems to be quite a bit of hype with it on YouTube & X - just wondering if anyone else is bullish on it?
You should realize that when there is a lot of hype like this, the results will remain the same where when there are a lot of influencers who start to promote a new project then once they feel enough to benefit then they will go from there . I don't know about this coin although the current price lets you know that its their ath because since they were created they are only worth $0.03 so I hope you don't expect much especially for a $5 price like you expect because I think it's very difficult to happen especially with the current increase with a big pump from $0.03 to $0.6 it's already a good thing so expecting to go higher is difficult because it's not that I'm jealous but it's a fact that projects that are with a big pump and dump are easily abandoned and there are many examples of that .

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May 06, 2024, 05:39:58 PM
 #15

We are nowhere near the bull run top and as it is such a low market cap and great tokenomics it won’t take much for Pangolin to double in price and then double again.

If Pangolin does well this bull run then it will easily reach $5 and likely $10.

It could go to zero but this is the game I play it has worked up till now so will continue to gamble on altcoins that have great tokenomics and I believe will do well.
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May 06, 2024, 08:28:38 PM
 #16

Diversification is good in this system but not to look for a project that has a lower market cap because you don't even k ow the outcome of that project. And it is better you invest in project that has big market cap with cheap transaction fee so that you can acquire more that also be on the queue for the bull of the project. But as others have said, you are already in the project investing so if you are independent to invest im Eloncoin, you can invest though the market cap is high but it is still a good project to invest in because it is cheap.









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