Many people are asking what PEPE looks like, how much will it fall? Or is the decline certain?
1. PEPE is currently overbought, which means that the market must fluctuate, because when big whales make a profit, they will sell this token to choose to make a profit. Then continue to accumulate funds after a pullback
2. Once buyers have to sell to make a profit, the concept of supply and demand will come into play, which many of us know. When the supply is low, the demand is high, and when the supply is high, the demand is low.
3. Now everyone knows the current supply of PEPE coins. Although the token runs on the Ethereum blockchain, the supply is already high, so it is understandable that the price of Ethereum and its secondary alternative coins is high.
4. No token can maintain its high or highest point, nor does it have to move up or down.
5. It is just a trap to fall into a turbulent market again. People who have been following me for a long time know that I always get straight to the point.
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