đŽPEPE coin uses a currency degradation mechanism, each transaction burns a small portion of tokens to create scarcity, and can increase the value of the remaining tokens over time. It uses a redistribution system, where a portion of each transaction is shared by current token holders to promote user engagement and long-term investment.
đŽPEPE prices have experienced large fluctuations, including sharp increases of over 40% and sudden declines. The most pronounced drop occurred in January 2024, when the token's value nearly halved.
Over the past month, PEPE is up 107%, outperforming the overall market and meme coin averages. This performance pushes PEPE above its 50, 100 and 200-day EMAs, highlighting its strong bullish bias.
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