PEPE seems to be stuck in a deadlock!
Let me tell you whether you can still hold pepe. Since the end of July, whales have been frantically selling it, and the price has been cut in half. This is the reason why the price has fallen now.
Let's talk about the origin of PEPE so that everyone can better understand this coin. Pepe is a token of frog emotions. It was originally just a token spoofed from the works of artists. The community is very active and the transaction volume ranks fifth. The daily transaction volume is around 600-800 million. The large transaction volume shows that many people still recognize this coin and the popularity has not diminished. After all, its price has risen tens of thousands of times in a very short period of time, and its market value once exceeded 4.6 billion US dollars, becoming one of the top 50 virtual currencies in market value.
The recent market is not very good. The tokens of Ethereum ecosystem are also suppressed one after another, and the price is falling. As the leading meme coin of Ethereum ecosystem, pepe is also sluggish with the price of Ethereum. It is recommended that friends who want to buy it in the near future can wait for Binance's pepe coin task to end this period of selling pressure before buying. There are still more than 10 days. You can buy it at around 0.0000068. The downward trend will wait for the complete outbreak of Ethereum and the improvement of the market before there is a chance to rebound!
Remember, if you regard your investment as a long-term investment, the decline of the market should be seen as an opportunity. It provides an opportunity to buy more tokens at a lower price. Before making any purchases, it is crucial to develop a strategy and never invest all your funds in it.
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