Urgent Reminder! PEPE Buyers Must See!
Can $PEPE reach a new high this month? After hitting the peak last month, it has been a bit sluggish recently, and many meme coins have either stagnated or plummeted. But strangely, those established altcoins have started to gain momentum; is the market about to change?
Currently, PEPE has a market cap of 6.2 billion USD, with a daily trading volume of 3.9 billion, which is a 35% decrease compared to mid last month. This movement suggests that the market sentiment may be shifting; prices have stabilized, and the selling pressure has eased a bit.
Speaking of popular coins, community strength and rapid dissemination are key. For PEPE to gain traction on Twitter, Reddit, and TikTok, the community needs to grow significantly to attract the attention of exchanges and new investors. Having a big name endorse it, like DOGE, would be even better!
Whales and institutions are not optimistic, making it hard for the coin price to rise. If PEPE can attract major investment funds, once demand increases, prices will naturally go up.
When a bull market arrives, cryptocurrencies benefit together. If mainstream coins like Bitcoin and Ethereum perform well, PEPE, as a popular coin, can also share in the profits.
If PEPE can be more than just a popular coin and have some practical value, that would be even more stable. For instance, getting involved with decentralized finance projects or NFT platforms could enhance its value. Just like Shiba Inu created ShibaSwap, PEPE could develop an entire ecosystem to boost its value.
As it stands, now may not be the best time to buy PEPE. Compared to those recently surging established altcoins, it still needs to build up some momentum at this lower level. Once it breaks through and stabilizes, that will be our good opportunity to take action!
For the upcoming layout direction, I will guide everyone to aim for profitable opportunities in altcoins, especially those with high potential projects, where a projected growth of over 10 times is not an issue. If you want to make big money in a bull market, like + comment, and I will take you along to layout the entire bull market!
