I guess the ice melted more than expected.

$PENGU is BACK TO THE SOUTH POLE TOO?
In August prices dipped from $0.6 ATH in July to $0.38. The price now (September) is $0.28, that is ~50% from the top.
Without a catalysts NFTs enter periods of hibernation or catatonia.

Ever since the onset I was skeptical of the MANIA, and warned about the subsequent correction, which materialized in less than a month. Ever since Mid-August PENGU is trading below ~$0.4.

I do not consider NFTs to be bad per se. Although it is hard to consider them good investments for speculative trades. You must really be willing to own them as an asset, and hold them long or indefinitely which is impossible if you do not even like the ARTWORK...

{future}(PENGUUSDT)

BTW, the penguin's habitat is located in ANTARCTICA (Earth south pole)...
Penguins in real life travel south during winter because it is Summer (in polar terms, i.e still too cold to be called summer in continental terms but whatever...)

I am sure anyone who bought at the top feels stranded (like in he picture below.).

{future}(ETHUSDT)
{future}(SOLUSDT)
$SOL $AR
#pengu #MarketPullback #MEME