When there is a new saint, the old ones do not perform miracles (old saying)
The rise and fall of Pepe Coin
Pepe Coin emerged as a viral phenomenon, backed by the popularity of the Pepe the Frog meme. Its value grew exponentially in a short time, but its livelihood lies almost exclusively in hype and speculation. In a market where hype and FOMO (fear of missing out) are the main drivers, interest tends to fade as quickly as it came.
With the arrival of new competitors like Trump Coin, the scenario becomes even more uncertain. Investors tend to jump from one trend to another, leaving Pepe Coin vulnerable to a massive drop in value. The lack of significant technological developments or a unique proposition for the sector makes these coins highly dependent on public perception and viral narratives, rather than economic or technological fundamentals.