Overnight, 6.9 trillion $PEPE coins disappeared as if blown away by the wind
In fact, the purpose of this destruction is to reduce the number of PEPE coins and increase scarcity.
In theory, things are more valuable when they are scarce. If demand increases or remains unchanged, the price of $PEPE coins may rise. The destruction of 6.9 trillion coins is definitely not a small matter, which adds a lot of bullish expectations for the future of PEPE.
As soon as the news of the destruction came out, the price of PEPE has risen. Although the increase is not large, this may just be the beginning. However, the crypto market is volatile, and many factors such as the global economy, the trend of other currencies, and market sentiment will affect prices.
Therefore, it is necessary to stay vigilant and adjust strategies at any time to cope with market changes.
