PEPE coin is a meme coin that is where it is now because of the hypes surrounding it, but what is the future of this coin? Read till the end to find out.
Pepe Coin ($PEPE) is a popular memecoin built on the Ethereum blockchain. As a memecoin, the token was created as a joke based on the popular internet meme "Pepe". The had no real value.
Since its public launch in April 2023, Pepe Coin has quickly become one of the top 50 traded cryptocurrencies.
PEPE has a maximum supply of 420,690,000,000 tokens. 93.1% of them are in the liquidity pool and the remaining 6.9% are allocated to a multi-signature wallet for future use.
Pepe memecoin's market capitalization reached $1 billion in 3 weeks, unlike Doge that took 4yrs to hit the same price. Although the price of $PEPE has been extremely volatile since then, the number of individual holders continues to increase steadily.
With all these wonderful things said about the coin, does that mean the coin will rise to $1,000 in 1year?, Read on to find out!
A coin that boomed because of media hypes will definitely go back when the hype is gone
The coin is built on Ethereum blockchain but that does not mean it automatically gained strengths to hit up.
The truth here is that Pepe may not get to $1, not till at least 2024.
This is one thing you cannot change, no one can change.
I can only tell you the truth but you make your own research and decision. If you buy the coin, make sure you monitor the coin progress.
Remember; "Once the hype goes down, then the coin follows suit".
For me, I will hold the PEPE coins I have and I will add more . Remember, the coins future is bright but BE CAREFUL 💯✅
#crypto #Binance
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