Pepe Musk tweeted, why hasn't $PEPE skyrocketed?
Musk recently mentioned $PEPE in a tweet, but this meme coin hasn't surged as everyone expected. What's going on? We need to be cautious; the price could soar at any moment.
Why hasn't $PEPE taken off?
1. The market is still sluggish
The cryptocurrency market has been unstable recently, and everyone is being careful, hesitant to invest recklessly. Although it's quite hot, people are still seeking stability and are not willing to take too much risk.
2. Big players are quietly accumulating
Those savvy investors might be secretly accumulating $PEPE. They prefer to operate discreetly, waiting for the right moment to make their move, causing the price to shoot up.
3. Few buyers, speculators
When Musk tweets, everyone gets excited, but the actual number of people willing to spend money to buy is quite low. For $PEPE to come alive, it needs sustained buying power.
Why do we say the price might rise?
The nature of meme coins
Meme coins don't always follow the rules; they could explode at any time. $PEPE has a large supply and strong cultural influence, and it might just become popular one day.
Musk's influence
When Musk tweets, the market shakes. If he mentions $PEPE again, retail investors will definitely follow suit, fearing they might miss out, and the price will likely rise.
Key price levels need to be closely monitored
Analysts are watching several important price levels. If $PEPE breaks through these levels, it could be a sign of a significant surge.
Always be prepared
The market for meme coins can change suddenly. Keep an eye on Musk's tweets and watch the $PEPE price; you might catch a big opportunity to profit.
Recently, I plan to stealthily accumulate a potential coin that is ready to explode, doubling my investment should be easy. At the same time, I am looking for some potential coins to hold until the end of the year, expecting at least a tenfold increase is not a problem. If you want to follow along, check out my bamboo leaves, leave a message, follow, like, and join my group.
