Musk changed his Twitter avatar, and $PEPE instantly became popular, with prices rising rapidly, already up by 10%!
But we need to be rational and not get carried away just because the current situation looks good. Who knows, at some point, this price might have to adjust.
Why has PEPE suddenly become so popular? Isn't it because Musk changed his avatar, and everyone feels like the MEME spring is here, and Dogecoin might be replaced, with PEPE rising to prominence?
This idea directly drove PEPE's price up. But now that PEPE is rising so rapidly, it faces challenges, just like climbing a mountain; as you approach the peak, it becomes harder to go further up.
Some believe PEPE has a promising future, and its market value might catch up with Dogecoin. But I think this idea is a bit unrealistic, as Dogecoin has not been idle over the years and has a solid position.
Although PEPE is full of momentum, to catch up with Dogecoin, we still need to see its future performance.
Speaking of PEPE's current price, there are two key points to remember: one is $0.0000247, and the other is $0.0000224.
If Bitcoin can return to above $95,000, PEPE might rise again.
Musk's little moves can only stimulate prices in the short term. In the long run, this upward trend may gradually calm down, and PEPE will need time to develop.
Opportunities are about to come; for the next layout direction, I'm prepared to help everyone find those altcoin profit opportunities, with expected returns of 10 times not being a problem. Like and comment, and I'll help you seize the opportunity of the entire bull market!
