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$PNUT Narrative hype subsiding | Be cautious when chasing high-risk tokens📉
Let's talk about the current market situation of MEME tokens$PNUT ️
This token relies on market narrative hype to surge; it has no substantial real-world value and is a typical pure speculative MEME coin. From the capital flow perspective, funds on the exchange continue to flow out, market bullish momentum is steadily weakening, and the hype is gradually fading.
The risk at the chip level is especially prominent, with the project team holding up to 92% of the circulating supply, leading to highly concentrated chips and strong control over the market. There is always a risk of selling pressure causing a dump.
Based on the market trend, the novelty of this round of hype has been exhausted, and upward momentum is weak. I have provided an early reference for positioning: around 0.065, you can try shorting with the trend, patiently wait for the market to pull back and realize gains.
I will update the detailed stop-loss points in real-time in the chat room. If you want to stay in sync with the layout and seize swing opportunities, private message me to get in☕#美批准中企采购英伟达H200芯片