Have you been wondering if this PEPE coin rise is real or just pump and dump? Read this till the end.
PEPE coin is token that is on almost everyone's lips but let's talk about how the coin performed so far this week.
Pepecoin saw a huge gain this week in the middle of a great crypto rally. Shiba Inu, FLOKI, DOGE and other meme coins saw themselves outperformed as PEPE gained 70%+.
Pepecoin (PEPE) hit as much as 40% in the past 24 hours to extend weekly gains to over 70% in the middle of a large rally led by #bitcoin
Trading volumes for PEPE coin moved to over $800 million, according to CoinGecko data, as risk-on environment possibly fueled outsized bets on riskier assets, such as altcoins and meme coins.
PEPE gains were significantly higher than meme tokens floki (FLOKI), shiba inu (SHIB) and dogecoin (DOGE) – even as developers of some of these tokens introduced ecosystem upgrades - suggesting high buying interest for pepecoin.
PEPE coin is a memecoin that is booming now because of the Media hypes surrounding it.
Coins that lives on media hypes are not to be looked up to 100%, as there's a 99% chance of them falling immediately the hype is off.
If you are investing with less than $500 dollars, PEPE won't give you much profit, not even in 1year
PEPE is no different from the coins that lives on media hypes but the short term value is actually booming for the whales.
If you are a young #crypto holder(Less than $500), you may not get anything from the coin.
What are your thoughts on the coin PEPE. And which other coin should I access for us.
