Remember when everyone was super bullish on $peanie when it was above 15M mcap?
Fundamentally, what changed from that point in time until now?
Did the meme suddenly lose its potential that everyone saw in it? Did the little fluffy penguin become less cute?
No, no it didn't. But for a variety of reasons (including the original dev mass offloading tokens โ he's out now btw), the price went down and continued to go down. In a downtrend that fails to reverse, negative sentiment becomes self-reinforcing
A clear bottom marked by a period of sideways accumulation by true believers is the only solution to this. This is how sentiment gets repaired and confidence is restored
Most importantly, it can only happen if TRUE believers are onboard and willing to hold for multiple months
Currently, the price is down 96% from ATH
I have continued buying all the way down, including twice yesterday and again today
I discovered this coin when it was at ~350k mcap and immediately fell in love with the meme. The pump that occurred after I first posted about it validated all the feelings I had about it. This was the real deal, an original meme with genuine multi-billion potential
And my feelings about it haven't changed one bit
What we've experienced so far has been the ultimate shakeout. Right now, we have an opportunity to start from the beginning again. Everyone who missed the opportunity to buy at the start, can now buy -96% cheaper than ATH
If there's one thing I can promise, it's that I will not stop talking about this meme. I will not give up until this coin gets to where it deserves to be
I've been observing @vydamo very closely with his commitment and dedication to shilling lockin. This is what I would like to do for peanie
Peanie is my baby. I want to nurture it. I want to fight for it and I want as many people as possible to join me, so that we can make it happen together
This will be the first cute penguin meme to 1B, or I will die trying to make it happen
You can either join me, or I'll find others who will
I will not stop. Peanie to a beanie
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@peaniebaby