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I have been closely watching the trend of PENGU recently. My idea is that this coin needs to go through a period of fluctuation to stabilize the bottom before it has the chance to initiate an upward trend — the wave of movement in December last year is actually a good reference.
Honestly, I am quite optimistic about it. I also hold some positions in it, planning to treat it as a long-term investment, and I am not in a hurry to sell.
The meme coins in the SOL ecosystem have indeed been a bit quiet this year, but this might actually be a phase of energy accumulation. Once the meme culture on the Solana chain becomes active again — which is cyclical — PENGU should perform well. That will be the real test.