What affects the price of Pepe?
There are a number of variables in the cryptocurrency market that can affect the price of Pepe up or down. The main force behind the value of Pepe assets in the market is supply and demand. Whether the demand for more PEPE increases or decreases largely depends on the growing adoption.
Furthermore, important events such as protocol updates or hard forks can play a major role in the price of Pepe.
Another important factor to consider is the activity of whales. Large holders of Pepe can greatly influence the price of the coin as a large sell order can cause the price to drop significantly. Additionally, never underestimate the power of large institutions and political organizations’ adoption of Pepe’s value.