$PENGU I realize that memes in general are totally dead and that those types of risk on assets aren't going to be coming back until the overall market gets better. With that said, I think that many of these have a few x in them at a minimum when that does happen.
Now, you can say the same thing about any beaten down coin- but memes always have stronger energy in the right environment vs. something dead like TIA.
The only concern is mostly time...it could take a while before these things really strongly move. But I do think that coins like PENGU are good options when solana shitcoins come back. I have a bag.
$SYN : The only way old projects can have super strong runs is usually 1 of 2 ways: a total rebrand /pivot to a new relevant narrative (AI is common) OR total cabal/crime pump (where all supply is collected and then pumped).
SYN went from being a x-chain infra project to HyperLiquid options
Sometimes these things can really move hard but the majority of the time they are just weird exit pumps overall.
SYN still probably could be a decent buy the dip but in general, this team has had some weird situations in the past if I recall correctly. But kudos to them for pivoting
Memes still present some of the best R:R trades right now IMO. The only issue is the time factor, where these types of buys can take weeks or even months before the materialize. Coins like $FARTCOIN can easily go a few x from here and it wont take much to move that market.
$BTC still no daily close below this wick region, we are still good for now. Support is support until its not and this still remains a decent area to buy IMO. Still scared abut Saylor though and I'm expecting things to still be v. volatile in this area
$LIT is a clear outperformer lately and it's one of the best 'fundamental' coins on the market (given it actually has revenue). It still trades like shit on the lower time frames and it's still a coin that you should probably just own some spot for...and yes, its probably going to still underperform hype on all time frames but right now, it still is decent
no position on it for me personally but I am considering throwing some $ in spot on this one
$SOL If you are DCAing in this area then it probably makes money with a long enough time horizon, likely 6 months+. But if you're looking for this as an active trade, hard to really say with bitcoin at its current level.
Solana has still been an extremely strong major though and it's shown a ton of relative strength. I'm personally not going to fire until we see it move a bit higher but will keep watching for now.
$VVV I was pretty bearish on this one and I still am from a chart/flow perspective but the overall pmf is undeniable and it definitely has its place in a narrative standpoint for decentralization + AI. I thought (and still think) that $9-$11 would be reasonable but this will continue to spike up as long as these big AI companies keep pushing KYC.
Overall broader market still sucks too so there's that, but will keep watching
$JUP 1 of the stand out coins lately and holding up very strong. Not sure what's going on here and if there is some sort of announcement that's getting front ran but it's been very strong on a relative strength basis. Not in it currently but more just watching
$BTC really hope we can reclaim some of these higher levels. Equities are looking like they're going to be strong today and I hope we can get some of that carryover in crypto land. I think playing level to level is mostly best right now as we're still in dangerous territory
$XRP Honestly doesn't look great on the lower time frames (or any time frame) and I think this probably keeps grinding lower. Wouldn't be surprised to see this go to like $0.75
$BTC things are looking grim on the lower time frames but contextually speaking, we're still just in a gigantic range. Current level still support but 60k looks destined at this point...
$ZEC better pray that $400 can hold or we're seeing $350 imo. EMAs on the 4h all soundly bearish but I don't really think they're that useful given how strong of a move to the downside this had.
$SOL is trying very hard here on the lower time frames and seems like there are a lot of guys pushing it on the timeline. Overall solana is still trash on high time frames but it's still obviously a top 3 chain. Probably not going to fire in it until I see a reclaim of $77 personally
$BTC Honestly not sure where price goes in the short term, guessing it's another slow grinding weekend for the most part. Expecting lower volatility for now, stay safe out there
$EIGEN has shown a lot of relative strength lately. I'm in it but this is an area you should probably be careful of/ probably shouldn't top blast. Price hasn't cleanly broken this region with strength for several months and we've rejected every time from this $0.23 area.
The overall thesis is decent imo: Eigen flipped to AI months ago and with decentralized inference + narrative really popping off the last week.
The cons to this trade are that there's 7-8 million usd worth of sell pressure each month from the team and investors and that's a large amount. New unlock comes in 10 days in early July and it's pretty hard to overcome that.
Couple that with $BTC looking like trash on lower time frames and the entire market could take a dump
But if BTC becomes stable, I think that this is a pretty strong one to consider.
$ZEC I still think it's a pretty good coin and it's around a support region. I think it'll mostly go as bitcoin goes though and is entering a period of chop within the $350-$500 area. Still actually pretty bullish on this as an asset; it recovered very well
$BTC Honestly the levels are not super clean/clear to me down in this range and the next interesting area up is around 61k ish. We could certainly form some sort of bounce before then but I'll just view things on the lower time frames. All in all, best to stay defensive rn imo
$PENGU is continuing to play out exactly how I expected.
What I'm seeing: • Meme coins are starting to look like some of the better value opportunities in the market. • Sentiment remains far from euphoric. • Capital is slowly rotating back into stronger meme narratives.
🔹 Pudgy Penguins has built one of the strongest brands in crypto. 🔹 It has reach beyond native crypto users. 🔹 The project sits at the intersection of memes, community, collectibles, and consumer adoption.
Not all meme coins are created equal.
When meme season returns, capital typically concentrates in projects with strong communities, recognizable brands, and clear narratives.
That's why it's remains one of the meme coins I'm most interested in.
What I'm watching next: • Whether meme sentiment continues improving. • Relative strength versus other meme leaders. • Signs of broader risk appetite returning across crypto.
I've built a position and my plan is simple: Hold and let the thesis play out. As long as I believe memes have another major run ahead, I'm comfortable staying patient.
Which meme coin are you most bullish on this cycle: $DOGE , $PEPE , or another one?