Regarding PEPE, don’t abandon him lightly, he is a dark horse!
PEPE, its situation is similar to that of SHIB, which hit a new high and then retreated all the way.
The circulating supply of PEPE is as high as 420 trillion pieces, which makes many people pessimistic about its future market value.
Time is an important factor in price growth. It is also worth noting that 1.28 trillion PEPE on Binance was transferred by giant whales, but the price did not fluctuate significantly, which indicates that there may be big moves in the future.
PEPE employs a deflationary model, which means that tokens are burned with every transaction, thereby reducing supply and theoretically potentially increasing their value. While the exact rate of deflation is unknown, trillions of coins are involved.
PEPE has become an extremely influential and volatile asset in the cryptocurrency market.
