Musk recently mentioned $PEPE on Twitter, so why hasn't $PEPE seen the expected increase after Musk's tweet?

1️⃣ The market is recovering

The cryptocurrency market has been in a period of fluctuation recently, and there is a cautious attitude towards speculative assets like $PEPE, which is a meme coin. Although meme coins have received a lot of attention over the past period, the adjustment in market sentiment has slowed down the rise of $PEPE. In the short term, this calm market atmosphere limits its space for rapid growth.

2️⃣ The big players might be quietly accumulating

Many experienced investors may be quietly buying $PEPE, rather than rushing in like ordinary retail investors. Those with substantial funds typically prefer to acquire quietly and wait until the market sentiment accumulates to a certain extent before taking action, using the blind chasing of retail investors to trigger a strong market reaction.

3️⃣ Trading volume cannot support speculation

There are not many investors truly participating in the purchase. To make $PEPE rise, there must be sustained buyers to break through key resistance levels, which requires not only the hype brought by speculation but also a large amount of actual trading to drive up prices.

Musk's tweets have a significant impact on the market. In the past, a single tweet from Musk has caused large fluctuations in the cryptocurrency market. If he continues to focus on $PEPE or related meme coins, it may attract more retail investors. Retail investors often flood into the market due to “fear of missing out,” and this collective behavior often leads to a rapid spike in coin prices.

Many people are closely watching the key resistance levels of $PEPE. If this coin can break through these technical hurdles and trading volume continues to increase, then the price of $PEPE may see a significant rise, or even soar. Any breakout could become a catalyst for driving the price up.

Although $PEPE has not yet seen a surge due to Musk's tweet, the market sentiment has not faded. With trading volume, market sentiment, and the actions of big players, $PEPE still has the potential to rise. The upward trend of meme coins is often difficult to predict, but it is precisely because of this uncertainty that they are full of investment opportunities.

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