One of the hottest meme coins—Pepe Coin (PEPE), the classic frog Pepe. PEPE is a pure meme coin launched on Ethereum in April 2023, with no pre-mining, no team allocation, zero taxes, directly locking the liquidity, and burning the LP key, achieving a completely "fair launch". Within a few days of going online, it skyrocketed by tens of thousands of times, briefly entering the top 50 in market capitalization, igniting the meme season completely. Many people became rich overnight, while others suffered significant losses by buying at high prices, causing the topic to explode. Why did PEPE become popular? It mainly captured the essence of meme culture. The sad frog Pepe has been circulating online for over a decade and is already a veteran figure in the meme world. With the addition of Dogecoin and Shitcoin, the market was in need of a new meme king, and PEPE perfectly filled the gap. The community spontaneously promoted it, flooding Twitter and Reddit, celebrities endorsed it, exchanges rushed to list it, and FOMO emotions were at their peak. However, looking at it calmly now, PEPE has dropped from its peak of $0.0000043 to around $0.000012, and its market cap is still hovering in the top 100. The community remains active, occasionally pulling off small rallies, but compared to the madness at the beginning of the year, it has become much more rational. After all, the essence of meme coins is emotional-driven, with no actual use case, and price fluctuations depend entirely on community enthusiasm and market trends. My view: PEPE is suitable for playing like a lottery, a small investment for big returns, don't treat it as a long-term investment. In a bull market, memes tend to rotate easily, and PEPE, as a leading player, still has the chance to double. But in a bear market or when the hype fades, it can easily drop to zero. Friends who want to play should strictly control their positions, take profits when earned, and not be greedy. (Follow, like, and share to receive a BTC red envelope)
$PEPE
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