$PEPE
-12% Today After +12% Yesterday 🐸 Is Meme Season Over?
At 3:08 PM, PEPE is -12.60% in 24H. Yesterday afternoon the same coin was +12.47% and the hottest on my list. That is a swing of almost 25 points in about a day. $BTC is -1.34% and ETH is -1.33%, so the whole market is red, but PEPE is falling much harder.
🔴 Biggest Drops (24H)
WLD -13.69%
PEPE -12.60%
NEAR -9.55%
ZEC -5.60%
ENA -5.36%
DOGE -3.63%
🟢 Still Green
$BMT +54.90% (it has held +54% since noon)
BIGTIME +12.42%
SynFutures +10.01%
AGLD +4.08%
💡 My take: money is leaving the big meme coins and moving into a few small coins like BMT. Yesterday's winner can become today's loser very fast. A -12% drop can look like a discount, but a falling coin can keep falling. I would not rush to buy the dip. I'd wait until the price stops falling, keep my position small, and use a stop-loss.
PEPE dip is a chance or a trap? Tell me in the comments 👇
Not financial advice. DYOR.
#Binance #BinanceSquare #Altcoins #CryptoMarket
-12% Today After +12% Yesterday 🐸 Is Meme Season Over?
At 3:08 PM, PEPE is -12.60% in 24H. Yesterday afternoon the same coin was +12.47% and the hottest on my list. That is a swing of almost 25 points in about a day. $BTC is -1.34% and ETH is -1.33%, so the whole market is red, but PEPE is falling much harder.
🔴 Biggest Drops (24H)
WLD -13.69%
PEPE -12.60%
NEAR -9.55%
ZEC -5.60%
ENA -5.36%
DOGE -3.63%
🟢 Still Green
$BMT +54.90% (it has held +54% since noon)
BIGTIME +12.42%
SynFutures +10.01%
AGLD +4.08%
💡 My take: money is leaving the big meme coins and moving into a few small coins like BMT. Yesterday's winner can become today's loser very fast. A -12% drop can look like a discount, but a falling coin can keep falling. I would not rush to buy the dip. I'd wait until the price stops falling, keep my position small, and use a stop-loss.
PEPE dip is a chance or a trap? Tell me in the comments 👇
Not financial advice. DYOR.
#Binance #BinanceSquare #Altcoins #CryptoMarket
