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.