Emergency Reminder! A Must-Read for PEPE Buyers!
Can $PEPE reach a new high this month? After hitting the peak last month, it seems a bit tired recently, and many meme coins are either stagnant or have plummeted. But strangely, those established altcoins are starting to gain momentum. Is the market about to change?
Currently, PEPE has a market cap of 6.2 billion USD, with a daily trading volume of 3.9 billion, which is a decrease of 35% compared to mid-last month. This movement suggests that the market direction may be shifting; the price has stabilized, and the selling pressure has eased a bit.
Speaking of popular coins, community strength and fast dissemination are the hard truths. For PEPE to gain traction on Twitter, Reddit, and TikTok, the community needs to grow, which will attract the attention of exchanges and new investors. It would be even better to have a big name endorse it, just like DOGE!
Whales and institutions are not optimistic, making it hard for the coin price to rise. If PEPE can attract large investment funds, the demand will naturally drive the price up.
When a bull market arrives, cryptocurrencies benefit together. If mainstream coins like Bitcoin and Ethereum become popular, PEPE, as a meme coin, can also share in the profits.
If PEPE can be more than just a meme and also have some practical value, it would be even more stable. For example, connecting with decentralized finance projects or NFT platforms can increase its value. Just like Shiba Inu created ShibaSwap, PEPE could also develop an ecosystem to enhance its value.
Looking at it now, it might not be the best time to buy PEPE yet. Compared to those older altcoins that have surged recently, it still needs to build up some momentum at a lower level. Once it breaks through and stabilizes, that will be the right time for us to act!
In the upcoming strategy, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those with high potential projects, where a tenfold increase is definitely possible. If you want to make big money in the bull market, like and comment, and I will help you plan for the entire bull market!