Meme | Is a coin that costs just a few cents really cheap?
The tendency to prefer low-priced assets and think you’re getting a better deal by buying “a whole bunch” is often called “unit bias.”
A price increase from 0.00001 to 0.001 is a 100-fold gain. For a coin with a total supply in the hundreds of trillions, that would also mean a 100-fold increase in its total market cap.
$PEPE corresponds to the 1000PEPEUSDT trading pair on Binance USDⓈ-M Futures.
Don’t bet all your funds on a single prediction.
Just my personal observations, not investment advice.
The tendency to prefer low-priced assets and think you’re getting a better deal by buying “a whole bunch” is often called “unit bias.”
A price increase from 0.00001 to 0.001 is a 100-fold gain. For a coin with a total supply in the hundreds of trillions, that would also mean a 100-fold increase in its total market cap.
$PEPE corresponds to the 1000PEPEUSDT trading pair on Binance USDⓈ-M Futures.
Don’t bet all your funds on a single prediction.
Just my personal observations, not investment advice.