PEPE is a meme coin, which is based primarily on humor or popular culture, similar to coins like Dogecoin and Shiba Inu. While some of these coins have seen sudden price spikes, investing in them carries a high risk as they typically lack fundamental factors that support their value, such as institutional adoption or clear use cases.
Unlike Bitcoin, which is a “store of value” with advanced technology and global popularity, PEPE relies on community enthusiasm and speculation. PEPE could surprise the market with sudden spikes if it sees a strong wave of interest, but these spikes may be short-lived.
Overall, PEPE and other similar currencies can be surprising, but caution should be exercised and one should be aware of the high risks associated with investing in them.
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