Can pepe still rise? my point of view,

Follow community goals and transcend shib time issues

PEPE (PEPE) has fallen 15% in recent days after hitting all-time highs, causing the meme coin to fall out of the top 20 and be overtaken by Litecoin (LTC). It performed strongly in May, with prices soaring for a while, but fell back at the end of the month. The price broke through $0.0000170 at the beginning of this week and then fell significantly. As of now, it is trading at $0.00001451, down 4.23% in 24 hours. PEPE’s 24-hour trading volume increased by more than 20% to $2.475 billion, but its ranking has dropped to 21st.

PEPE prices have experienced significant volatility, falling below $0.0000132 earlier, but have since recovered. Investors are taking a wait-and-see approach to PEPE's future trends, unsure whether this recovery will last. Despite this, according to IntoTheBlock data, PEPE still maintains the highest investor profit ratio among meme coins, with a profit rate of more than 90%, ahead of competing products such as Dogecoin (DOGE) and Shiba Inu Coin (SHIB).

Despite the recent price decline of PEPE, its leading position in the meme currency market has not been shaken. As the market changes, investors are paying attention to the question of which meme coins are the most profitable. However, judging from the indicator of investor profitability, PEPE still maintains its leading position, showing its strong appeal and potential in the meme currency market.

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