According to the news released by the official account of PEPE coin named Pepecoin (PEP) on the X platform (formerly Twitter), PEPE coin is expected to be "halved" in about the next 28 days.
"Halving" refers to the halving of the block reward of a certain cryptocurrency, which usually leads to a slowdown in the issuance of new coins, which may affect its supply and demand relationship. "Halving" is generally considered an important event in the cryptocurrency market and may have a certain impact on prices, but the specific influencing factors are complex and need to be considered comprehensively, including market environment and other factors.
If the PEPE coin is really "halved", it will have an important impact on all holders and will also be the focus of many holders. This may have a certain positive impact on the PEPE coin and other meme coins, and may even lead other meme coins to follow suit. The future trend of the PEPE coin is worth paying attention to. The authenticity of this news needs further verification, and readers are advised to search for relevant information on the X platform for confirmation.
For investors, they can choose to continue to observe market dynamics in the short term. If you have already held PEPE coins, you can decide whether to continue holding them based on your own situation. Do not blindly chase the rise and fall. Some investors believe that this may be an opportunity to increase holdings of PEPE coins and reduce the average holding cost, but they should also fully recognize the investment risks.
Technical analysis shows:
* The daily RSI indicator reading is 36, which is in the oversold zone and is showing gradually higher lows, indicating a possible breakout.
* The key support level is around $0.00001739.
* Resistance is around $0.00001982.