PEPE price. Its starts of growing or will the drawdown continue?Why did most people buy PEPE? What is its value? Probably just to get rich quickly on speculation...
But probably only a few people made money on this growth. And the majority is most likely sitting in a super drawdown and thinking about how to get rid of this "happiness".
This happened before with Doge (2017 and 2021), when the creators themselves said that their coin was a joke and they themselves did not understand why it was growing.
And then everyone started accusing Musk of manipulation as if he was forcing people to buy Doge. No, he wanted to get rich just like everyone else and to do so, he had to sell his coins to everyone at a high price.
Then a similar situation happened with Shiba...
You should always keep in mind the rule: everyone cannot make money in the market. If one participant manages to make money, the other participant pays for it and vice versa. Only exchanges that consistently have their own commission for the "movements" of both parties are in a constant plus.
Now let's think about what to do with PEPE.
Earlier, we read that, of course, in addition to crazy earnings (x375,000 in just 21 days), the "organizers of this hype and pump" around PEPE managed to burn and withdraw hundreds of millions of dollars from the ETH market (for which PEPE was bought).
It is very likely that "they" will want to repeat this procedure. The only question is when and at what price it will start.
If the bottom (2) of the wave has already been reached, then now it remains to make sure that the PEPEUSDT price in the medium term will not be allowed to fall below $0.0000012
If the price goes lower, it is very likely that it will be pushed down to 2.5 times cheaper price of $0.00000050, where you could take a chance to buy this memecoin.
The volatility of the coin is insane, and trading with leverage is strictly prohibited, as the liquidation of the deposit is guaranteed!
The main thing here is to wait for a balanced entry point and buy a little bit for the investment portfolio, and the prospects for future growth are really "fabulous" from 1000% to 5500%
But when it will happen and whether it will happen at all will be a surprise for almost everyone)
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
