Musk's Twitter profile change ignites a surge in the price of $PEPE coins, potentially shaking DOGE's status!
Just recently, PEPE suddenly surged by 10%!
I want to remind everyone that although the current situation looks great, it's still important to be cautious, as a pullback could happen at any time.
So what exactly caused this surge?
It's actually because Musk changed his profile picture on Twitter, and everyone feels that the era of MEME coins is coming, and DOGE's good days might be over, with PEPE ready to take over.
This expectation has directly driven up the price of PEPE.
However, that said, PEPE is facing some hurdles with its rapid rise, much like climbing a mountain; it seems close to the peak, but it will be challenging to go any higher.
Some people are particularly optimistic about PEPE's future, believing its market cap might catch up to DOGE.
But I think this idea is a bit naive, as DOGE has maintained a solid position for so many years.
Although PEPE is full of momentum, it still needs to show its performance in the future to catch up with DOGE.
Speaking of PEPE's short-term price, there are currently two important price points: one is $0.0000247, and the other is $0.0000224.
If Bitcoin can return to above $95,000, PEPE may surge again.
As for Musk's little actions regarding PEPE, I think they can only provide a short-term boost to the price.
In the long run, this upward trend may gradually calm down, and PEPE needs time to settle.
Opportunities are just around the corner; in the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities of altcoins, with an expected potential of over 10 times, so like and leave a message, and I will take you through the entire bull market!