Is there still a chance to get on the zero-mania $PEPE ?
Today, let's talk about this year's hot favorite in the MEME space, PEPE.
This guy is simply the leader among MEME coins, just like $DOGE and $SHIB , who are loved by the coin-hoarding big shots. In just 39 days from early November to early December, its price has increased by 2.5 times, and its current market value has reached $10.56 billion, ranking 20th.
In short, PEPE is a deflationary coin that pays tribute to the Pepe The Frog meme online, similar to Shiba Inu and Dogecoin, but it aspires to be the boss among meme coins. No transaction fees, friendly to long-term holders, and a token rarity destruction mechanism—it's all set up.
However, PEPE's price plummeted by 20% this August, but look at PEPE now, still on fire. Whether it’s the holders or the whales, they remain loyal, indicating that PEPE still has some strength.
PEPE has 720,000 followers on X, and its official website traffic is also increasing nicely. In the MEME coin sector, PEPE has established a foothold. The team has done well in marketing, promoting with KOLs early on, and getting listed on exchanges smoothly. Moreover, stories of those who bought PEPE early and made big profits are spreading wildly on social media. Everyone is afraid of missing the next hundredfold coin, and that's how PEPE became so popular.
But PEPE lacks substantial technical support, the team has a questionable history, and legal scrutiny poses a significant risk. However, PEPE's strong dissemination attributes and good community and cultural narratives have secured its place among MEME coins. The fact that whales are still trading it indicates that there is still a foundation for long-term growth.
Now, with a market value of $10 billion, PEPE is not far from SHIB, the second dragon coin, but it’s tough to see a significant short-term surge in such a strong market. Unless new hot money comes in or the project team comes up with some real applications, PEPE might just experience high-level fluctuations. So for those wanting to buy, don’t rush—wait for a pullback before entering, safety first.
Just wait for the pullback, and when the time comes, I will lead everyone to aim for the lucrative opportunities in altcoins to bottom-feed and double our investment—this is definitely not a problem. Follow me, and leave a message to seize the big opportunities in this bull market together.