#pepe Recently it has been rising fast, but if you want to jump on this wave of market activity, take note: meme coins are extremely volatile. Prices are often driven by market sentiment and hype—rising quickly, but also potentially falling just as fast.

Although PEPE has been running for more than three years and has a strong community backing, it’s still hard to say whether it can continue to strengthen in the future. Recent data shows that some PEPE has been transferred from personal wallets to centralized exchanges. This usually means that potential sell pressure in the market is increasing.