PEPPER is one of the latest additions to the market, particularly notable for being based on the Chiliz (CHZ) network. It is the first meme coin built on the Chiliz Chain, supporting communities of sports fans and boasting unique characteristics thanks to the CAP20 standard. The launch of PEPPER was accompanied by notable marketing campaigns, including an airdrop on Binance.
Over the past day, PEPPER has shown volatility, with its price dropping by 13.6%, exceeding the general cryptocurrency market losses, where most meme coins also declined but within a 2-7% range. This is partly explained by recent fluctuations in the Chiliz market and high speculative activity among users who see potential for short-term gains. Despite the negative price trends, the project is actively supported by the Chiliz community, and potential new features may contribute to a long-term increase in interest in PEPPER.
Personally, I remain cautious in my predictions for PEPPER, as the meme market is already volatile and highly speculative. The prospects of the coin depend on the support of the community, the involvement of users in the Chiliz ecosystem and possible partnerships that could strengthen its position in the market.
