Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Pump & Dump => Topic started by: BitMaxz on March 01, 2024, 10:28:10 PM
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I just noticed memecoin on the CMC and coingecko with 352.2% increase this month. I can't afford to invest in this token but how is this memecoin so popular and it skyrocketed this week?
Is this controlled by a pump and dump group or whales?
I want some insight about this and give reasons why would I invest to this memecoin or not?
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I just noticed memecoin on the CMC and coingecko with 352.2% increase this month. I can't afford to invest in this token but how is this memecoin so popular and it skyrocketed this week?
Is this controlled by a pump and dump group or whales?
I want some insight about this and give reasons why would I invest to this memecoin or not?
This is in line with what I observed before I held this Pepe coin op; I saw that it was like a tail in Bitcoin. Because when Bitcoin rallies, it will rise, and when the price of Bitcoin goes down, so will Pepe coin. That is, it is like a shadow; what is the movement of Bitcoin, So is Pepe Coin.
Even if it doesn't have the highest value of Bitcoin or the highest market cap of Bitcoin, I'm sure Pepe Coin won't be left behind either. Because if you look at the image below, it is already in the high market cap category, so its total supply is almost the same as its circulation supply. And the cruelest thing is that it's the first time Pepe Coin will face the bull run. Don't you think that's potential?
When bitcoin started rallying last 2 weeks ago, Pepe coin went along with it, and when Bitcoin had a correction, so did Pepe coin until now.
(https://i.ibb.co/pR4Xr2j/Pepe.png) (https://imgbb.com/)
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From what I noticed, its marketcap is bigger than a gamefi ILV known as Illuvium which is around 813M$ something less than a billion, then the price of ILV is around 128.6$ each coin. Meanwhile, the Pepe coin has a market cap of more than 3.1B$. https://www.coingecko.com/en/coins/illuvium
After all, Pepe coin is among the high market cap, it has outperformed many altcoins that are not meme coins to be honest, that means it really has a market and potential. And what other people say about this Pepe coin is just nonsense. It's really nice to have holdings this meme right now based on my perception.
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This is in line with what I observed before I held this Pepe coin op; I saw that it was like a tail in Bitcoin. Because when Bitcoin rallies, it will rise, and when the price of Bitcoin goes down, so will Pepe coin. That is, it is like a shadow; what is the movement of Bitcoin, So is Pepe Coin.
Even if it doesn't have the highest value of Bitcoin or the highest market cap of Bitcoin, I'm sure Pepe Coin won't be left behind either. Because if you look at the image below, it is already in the high market cap category, so its total supply is almost the same as its circulation supply. And the cruelest thing is that it's the first time Pepe Coin will face the bull run. Don't you think that's potential?
When bitcoin started rallying last 2 weeks ago, Pepe coin went along with it, and when Bitcoin had a correction, so did Pepe coin until now.
In previous days yes Pepe is like a shadow but it looks like it's different today Pepe keeps declining compared to Bitcoin which is still at the resistant level.
I don't think Pepe will be able to recover from the last bearish trend and may not be able to survive until next week unless some whales pumping it again. That's just my prediction it is still a memecoin and very volatile.
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This is in line with what I observed before I held this Pepe coin op; I saw that it was like a tail in Bitcoin. Because when Bitcoin rallies, it will rise, and when the price of Bitcoin goes down, so will Pepe coin. That is, it is like a shadow; what is the movement of Bitcoin, So is Pepe Coin.
Even if it doesn't have the highest value of Bitcoin or the highest market cap of Bitcoin, I'm sure Pepe Coin won't be left behind either. Because if you look at the image below, it is already in the high market cap category, so its total supply is almost the same as its circulation supply. And the cruelest thing is that it's the first time Pepe Coin will face the bull run. Don't you think that's potential?
When bitcoin started rallying last 2 weeks ago, Pepe coin went along with it, and when Bitcoin had a correction, so did Pepe coin until now.
In previous days yes Pepe is like a shadow but it looks like it's different today Pepe keeps declining compared to Bitcoin which is still at the resistant level.
I don't think Pepe will be able to recover from the last bearish trend and may not be able to survive until next week unless some whales pumping it again. That's just my prediction it is still a memecoin and very volatile.
I don't think so, but since it is your prediction, I respect that. But even so, if there is a decline happening now with Pepe Coin, it is because Bitcoin is also declining. Its been almost 4 or 5 months that I have been observing that, and I have really seen that what is the movement of Bitcoin is also the movement of Bitcoin.
And if there are people manipulating there, it can be said that the whale investors of Pepe Coin are good because they are able to move Pepe Coin according to the movement of Bitcoin. Then so what if is a meme coin? Well, all cryptos have risks. Then, whether others accept it or not, there are more people who make a lot of money in meme coins compared to altcoins. That's the truth and facts.
I would rather choose this meme coin that is listed on all exchanges, whether it is CEX or DEX, than other altcoins that are not. It's just my thoughts and opinion.
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I can't afford to invest in this token but how is this memecoin so popular and it skyrocketed this week?
Is this controlled by a pump and dump group or whales?
I want some insight about this and give reasons why would I invest to this memecoin or not?
We all know that meme coins have no fundamentals and have no clear future. But why it is so popular? We must be familiar with meme coin armies, they are spreading the news about meme coins. Because the big number of meme coin armies, they are easily spreading the news about meme coins around the world.
I also think it is controlled by a group of whales. It doesn't make sense if most people are interested in meme coins over Bitcoin or Ethereum.
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I just noticed memecoin on the CMC and coingecko with 352.2% increase this month. I can't afford to invest in this token but how is this memecoin so popular and it skyrocketed this week?
Is this controlled by a pump and dump group or whales?
I want some insight about this and give reasons why would I invest to this memecoin or not?
That pump value is even small compared to what I saw on binance when this particular BOME coins was listed and lunched , I mean it was fucking crazy because within the space of some minutes I saw the new listed coins having values of even upto +1553% which I began to ask myself on the possibility of this and how is it even made so because I know for sure it isn't the massive popularity that gave it that high pump value price but some manipulation behind the scenes that are actually pumping these coins .
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When Pepe (PEPE) started, it wanted to take the lead from Dogecoin, which was POW, and then it moved to be a cross-chain ecosystem of mobile-first games, and now it is a token on the Ethereum blockchain.
The project is looking to pump and seize a percentage of the memecoins market, so it will be pumped by whales rather than being a pump and dump group.
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When Pepe (PEPE) started, it wanted to take the lead from Dogecoin, which was POW, and then it moved to be a cross-chain ecosystem of mobile-first games, and now it is a token on the Ethereum blockchain.
The project is looking to pump and seize a percentage of the memecoins market, so it will be pumped by whales rather than being a pump and dump group.
Pepe should be consistent in continuing to develop its technology to POW and upgrade its technology by building mobile games, so that this journey will not make PEPE's image bad because it has an inconsistent program.