#PEPE再创新高
Why didn't $PEPE go up after Musk tweeted?
Musk recently mentioned $PEPE on Twitter, but the expected surge did not come. Why is this? We have to talk about a few key points, and we have to remind you to be careful not to be surprised by the sudden price increase.
1️⃣ The market is still recovering
The cryptocurrency market has been a bit turbulent recently. Traders are now quite cautious and prefer to play it safe. They are not very willing to touch speculative products like meme coins. Although the hype is very hot, this wave of "cooling-off period" has indeed slowed down the momentum of $PEPE.
2️⃣ The big guys may be quietly hoarding goods
Those smart investors may be quietly buying $PEPE. These "big guys" often like to keep a low profile and wait until the time is right to make a big move, catching the market off guard.
3️⃣ Trading volume can’t keep up with the hype
Although Musk’s tweets have attracted everyone’s attention, not many people actually buy. If you want $PEPE to rise, you need continuous buyers to break through those key resistance levels.
Why the price increase may be just around the corner?
You can’t figure out the temper of meme coins
Meme coins are unpredictable. They often explode when you least expect it. $PEPE has strong community support and cultural background, and it may explode one day.
Musk’s influence is not covered
We have all seen Musk’s ability to stir the market with a single tweet. If he mentions $PEPE or related memes a few more times, retail investors are likely to follow up and trigger a surge due to “fear of missing out”.
Keep an eye on the key price
Analysts are watching those resistance levels. If $PEPE can break through these levels with a large number of transactions, it may really soar.
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