PEPE coin price experienced ups and downs in 24 hours. Will PEPE's price continue to rise in the future?
PEPE coin stands out for its unique deflation mechanism. Each transaction will destroy a portion of the tokens, increase the scarcity of the remaining tokens, and thus may increase the value.
This mechanism not only creates scarcity, but also motivates user participation and long-term investment through the redistribution system.
However, the price of PEPE coin is not stable, and it has experienced large fluctuations in 24 hours, including a surge of more than 40% and a sharp drop.
In the past month, PEPE has soared 107%, outperforming the overall market and the average meme coin. Although PEPE's strong performance is impressive, investment should be cautious. The currency market is volatile, and investors need to fully understand factors such as project background, team strength, and market prospects in order to make wise investment decisions.
The future trend of PEPE coin is full of uncertainty, and investors should remain cautious.
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