$PEPE moves about 5 times more than $BTC on a normal day. Your position size should know that.
Daily high-to-low range, last 6 full days:
- Oct 23: PEPE 16.7%, BTC 1.9%
- Oct 24: PEPE 9.0%, BTC 2.5%
- Oct 25: PEPE 7.3%, BTC 1.5%
- Oct 26: PEPE 6.2%, BTC 1.9%
- Oct 27: PEPE 8.5%, BTC 2.3%
- Oct 28: PEPE 14.7%, BTC 1.8%
Average: PEPE 10.4%, BTC 2.0%.
This morning PEPE was the 5th most traded USDT pair on Binance, with about 116M in 24h volume.
The calmest PEPE day (6.2%) was still more than double the widest BTC day (2.5%). Size a PEPE trade like a BTC trade, and a normal day can look like a crash on your account.
How much smaller do you size meme coins vs BTC: half, a fifth, or the same?
Daily high-to-low range, last 6 full days:
- Oct 23: PEPE 16.7%, BTC 1.9%
- Oct 24: PEPE 9.0%, BTC 2.5%
- Oct 25: PEPE 7.3%, BTC 1.5%
- Oct 26: PEPE 6.2%, BTC 1.9%
- Oct 27: PEPE 8.5%, BTC 2.3%
- Oct 28: PEPE 14.7%, BTC 1.8%
Average: PEPE 10.4%, BTC 2.0%.
This morning PEPE was the 5th most traded USDT pair on Binance, with about 116M in 24h volume.
The calmest PEPE day (6.2%) was still more than double the widest BTC day (2.5%). Size a PEPE trade like a BTC trade, and a normal day can look like a crash on your account.
How much smaller do you size meme coins vs BTC: half, a fifth, or the same?
