I plan to sell half of my $PEPE and enter $PNUT. $PEPE has shown quite good performance as a beta position for Ethereum in the meme coin space, recording an increase of about +50%. From my perspective, I could wait for an additional +100% increase from here, but $PNUT has recently been observed to be lagging behind, so I believe a strategy of taking partial profits from the leading position and entering the lagging position is possible. Peanut was also a meme coin that was extremely hot from last year to early this year, but like other meme coins, it has plummeted by -95% from its peak. After a slight pump in May, it has been maintaining its lows and support levels, so I think the chart is still functioning. ---- Of course, the lower market cap increases the risk. Since I am using the profits from the sold $PEPE, I thought this might be a somewhat more viable strategy, and I considered entering, believing that as long as it doesn't drop below the weekly 20MA, I can at least break even.
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