🚨 Alert: PEPE Coin Could Crash By Around 30% Drop
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The meme coin craze is back, but signs indicate that PEPE might be overpriced. Increased borrowing to purchase PEPE and high interest rates could lead to a mass sell-off.
PEPE has significant open interest, accounting for 11% of its total value, surpassing even XRP. Despite a recent decline in trading volume, interest in PEPE remains strong.
Traders bullish on PEPE are paying hefty premiums to those betting on a price decline, potentially leading to forced selling at lower prices.
However, if investment in PEPE continues to grow, its price might rise further. 📈💰
Be cautious! Cryptocurrencies are highly volatile. Consider your decisions carefully. 📉💰
[Note: This is informational and not financial advice.]
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