$PEPE has achieved a 163-fold increase since the beginning of the year, and its pump mechanism has attracted much attention. Here, we will analyze its journey and make predictions for future trends.
The pumping process is as follows:
First Round Pump (11.12 - 11.14): On 11.13, $PEPE was launched on Robinhood, received promotion from DEGEN NEWS, and was supported by Coinbase’s official Twitter, successfully making its way onto the coin market. By 11.14, the first round of pumping ended after being listed on Upbit.
Consolidation Phase (11.15 - 12.3): On 11.18, Musk retweeted a $PEPE meme, garnering high viewership. On 11.28, Binance PayDay reached a funding partnership with Pepe, ending the consolidation phase.
Rapid Surge (12.3 - 12.12): The price dramatically rose from 0.00000123 to 0.00002528.
Currently, $PEPE has become a popular token, with the possibility of spot prices briefly hitting the 3 and 4 range. However, given the complexity and volatility of the crypto market, investors must carefully consider multiple factors, make prudent decisions, and closely monitor price trend changes.
