#SHIB We can now talk about the chasing mechanism of the bull run altcoins.

A well-known saying is that a certain altcoin will surpass Bitcoin. Although it sounds far-fetched, during a bull run, there are indeed situations where small market cap tokens can surpass large market cap ones. Furthermore, after surpassing, there may be a short-term peak within the day, for example:
shib surpasses doge in market value.
pepe surpasses shib in market capitalization.
trump surpasses pepe's market value.
I think that in this round, the way moodeng is moving clearly shows that the market funds recognize him as the leading bullish player, engaging in frenzied buying.
So I think the target price for the first stage should be benchmarked against PNUT's market value, above 400 million. The price of 0.4 is the first position where I believe Hippo must take some profits.
Then near the new price high, with a market cap of 700 million, the price at 0.7 was also the position of moodeng spot on Coinbase, which is also the position to take profits.
In the end, there will be a bottom position left, reaching for the peak of imagination, possibly breaking 1?
Trading meme coins often lacks suitable market conditions and imagination. Since the market has brought out this meme, it means that the timing, environment, and people are all in place; the rest is up to time.