Recently I’ve started taking $PEPE seriously again.
Not because someone is calling that the meme season is back.
But because lately this thing has begun showing some changes that didn’t exist before.
First, the most realistic one:
PEPE’s 24-hour trading volume is now already in the hundreds of millions of dollars, and its contract OI is also very high, which shows that the market’s attention toward it hasn’t disappeared at all.
More importantly, Canary has recently updated the S-1 filing for the PEPE spot ETF.
Note: this is an updated application, not something that has already been approved.
But even the fact that this is happening is pretty interesting. In the past, when institutions wanted to get into meme coins, they basically had to mess around on-chain or within exchanges themselves.
Now even something as pure a meme asset as PEPE is starting to attract people trying to build a more traditional source of capital for it.
That’s exactly why I’ve been growing increasingly optimistic about $PEPE lately.
What do meme coins fear the most? Nobody playing them.
But what PEPE has most right now is not a lack of attention, liquidity, or trading activity.
Once the market later re-enters a meme cycle, funds usually won’t slowly study dozens of small coins.
They often first look for assets that everyone already knows, have enough liquidity, and offer strong elasticity.
PEPE happens to be on that list.
So at a position like this, I’m not going to just toss it aside because it drops a few percentage points in a day.
Instead, I’ll be watching it closely.
Because before a real meme run starts, nobody will usually notify you in advance.
By the time $PEPE really begins to make consecutive pumps and people rush over asking whether there’s still a chance to get on, the sentiment will already be completely different.
My own view is very clear: if there really is a meme main theme this round, I won’t be missing PEPE. 🐸
#PEPE #Meme #Crypto #ETH #Memecoin
Not because someone is calling that the meme season is back.
But because lately this thing has begun showing some changes that didn’t exist before.
First, the most realistic one:
PEPE’s 24-hour trading volume is now already in the hundreds of millions of dollars, and its contract OI is also very high, which shows that the market’s attention toward it hasn’t disappeared at all.
More importantly, Canary has recently updated the S-1 filing for the PEPE spot ETF.
Note: this is an updated application, not something that has already been approved.
But even the fact that this is happening is pretty interesting. In the past, when institutions wanted to get into meme coins, they basically had to mess around on-chain or within exchanges themselves.
Now even something as pure a meme asset as PEPE is starting to attract people trying to build a more traditional source of capital for it.
That’s exactly why I’ve been growing increasingly optimistic about $PEPE lately.
What do meme coins fear the most? Nobody playing them.
But what PEPE has most right now is not a lack of attention, liquidity, or trading activity.
Once the market later re-enters a meme cycle, funds usually won’t slowly study dozens of small coins.
They often first look for assets that everyone already knows, have enough liquidity, and offer strong elasticity.
PEPE happens to be on that list.
So at a position like this, I’m not going to just toss it aside because it drops a few percentage points in a day.
Instead, I’ll be watching it closely.
Because before a real meme run starts, nobody will usually notify you in advance.
By the time $PEPE really begins to make consecutive pumps and people rush over asking whether there’s still a chance to get on, the sentiment will already be completely different.
My own view is very clear: if there really is a meme main theme this round, I won’t be missing PEPE. 🐸
#PEPE #Meme #Crypto #ETH #Memecoin