Pepe token is it pump and dump?

[Rubel007]

Memecoins have turned out to become part of the crypto ecosystem that each year in the crypto market, we get to know about several new memecoins that are making waves in the market and have a whole lot of investors who are interested in them and are full of support of them due to they have made huge profits according to when they have invested at their early stage.

However, the best time to invest in memecoins is at their early stage. Once an investor is lucky enough to find a gem memecoin, they can make thousands of dollars in profits investment in memecoins

So far, Memecoins have garnered much attention in the crypto world as they can bring substantial earnings if invested in a newbie token with the right name. This kind of asset interests many investors proving that it can be an opportunity for business from something which is not serious at first glance. However, getting rich quick, especially from memecoins, is sometimes more about timing and a bit of luck and most investors should be ready that anything is possible. It is possible with good judgement to gain from any opportunity which comes your way when making the decisions.

The main point is that general investors are interested in meme coins to increase money quickly from the market. All types of investor more or less show their interest in these coins. Particularly if we look at the trading volume, it is almost certain that these coins are in high demand. Those who invest themselves have a clear idea that there is a big possibility of losing money at any time by investing in these coins. Despite knowing this, they do not have less interest. There are a lot of meme coins in the market, if you can keep investing in a good coin, then there is a possibility of getting more money in a short time, but if you do not invest at the right time, then there is a possibility of losing it.

[Bobcrypto]

Pepe was once a much hyped meme coin. And many have been able to make huge profits from it. But now pepe's hype has died down a lot due to the new abundance of Mim coins coming into the market.  There is a lot of good hype about Dogs so far but pepe is way ahead in terms of marketcap. But I don't like to invest in Mim Coin so I don't do much research on meme Coin.  So I don't have deep understanding about pepe

I think that despite the hype on pepe on its earlier days, though had heavily slow down, Pepe coin has maintained a solid marketcap, trading volumes and large users that may attract more investors or short term holders that could grab some profit anytime the big whales decided to pumps the market.
Pepe coin has always been consistent with Bitcoin trends, and it could be a way to invest or trade along this Bitcoin movements on the short term. Finally, i don't think that Pepe coin is a pump and dump meme coins, in fact, a pump and dump meme scheme will not maintained a top position at Coinmarketcap ranking for a long time in my opinion.

[jeraldskie11]

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?

If you're just new to crypto I would not recommend to invest in meme tokens. Meme are very risky because the volatility is very high and most of them has no utility that's why once it dump the chance to make the price come back higher is very low. I agree that there are some meme tokens that are up to 100x more, but I think only less than 1% of overall meme tokens is chance. I recommend to invest on top alts or Bitcoin for better risk.

[Rubel007]

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?

If you're just new to crypto I would not recommend to invest in meme tokens. Meme are very risky because the volatility is very high and most of them has no utility that's why once it dump the chance to make the price come back higher is very low. I agree that there are some meme tokens that are up to 100x more, but I think only less than 1% of overall meme tokens is chance. I recommend to invest on top alts or Bitcoin for better risk.

There is no alternative to Bitcoin investment. But not everyone is in a position to invest in Bitcoin. That is why some try to keep their investments in good altcoins. There are some who want to take the maximum risk. If there is a bullish movement after investing in meme coins, then there is a possibility of getting a big return from the coins. There are many who have been able to gain a lot of their investment from meme coins, while there are many who have lost their wealth. By investing in Bitcoin, an investor may not be able to profit in the short term, but he has profited in the long term. But if someone invests in meme coins, then the possibility of getting a return on his investment is almost gone. Because these coins do not have a big ATH. Moreover, since these are risky coins, those who have profited from them are never interested in investing in these coins again. Therefore, it is better to hold on to Bitcoin for the long term than to take the risk of losing.

[jeraldskie11]

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?

If you're just new to crypto I would not recommend to invest in meme tokens. Meme are very risky because the volatility is very high and most of them has no utility that's why once it dump the chance to make the price come back higher is very low. I agree that there are some meme tokens that are up to 100x more, but I think only less than 1% of overall meme tokens is chance. I recommend to invest on top alts or Bitcoin for better risk.

There is no alternative to Bitcoin investment. But not everyone is in a position to invest in Bitcoin. That is why some try to keep their investments in good altcoins. There are some who want to take the maximum risk. If there is a bullish movement after investing in meme coins, then there is a possibility of getting a big return from the coins. There are many who have been able to gain a lot of their investment from meme coins, while there are many who have lost their wealth. By investing in Bitcoin, an investor may not be able to profit in the short term, but he has profited in the long term. But if someone invests in meme coins, then the possibility of getting a return on his investment is almost gone. Because these coins do not have a big ATH. Moreover, since these are risky coins, those who have profited from them are never interested in investing in these coins again. Therefore, it is better to hold on to Bitcoin for the long term than to take the risk of losing.

We can't force any to invest solely in Bitcoin and I'm not forcing them. I just wanted to let them know the risk when they invest in Bitcoin compared to altcoins. So to those who already made profit from investing it would reminder to them since they already knew this. This is really helpful advice to those who are new and wanted to invest in crypto that in terms of risks Bitcoins is the best and in terms of higher potential profit, go with altcoins.

[Rubel007]

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?

If you're just new to crypto I would not recommend to invest in meme tokens. Meme are very risky because the volatility is very high and most of them has no utility that's why once it dump the chance to make the price come back higher is very low. I agree that there are some meme tokens that are up to 100x more, but I think only less than 1% of overall meme tokens is chance. I recommend to invest on top alts or Bitcoin for better risk.

There is no alternative to Bitcoin investment. But not everyone is in a position to invest in Bitcoin. That is why some try to keep their investments in good altcoins. There are some who want to take the maximum risk. If there is a bullish movement after investing in meme coins, then there is a possibility of getting a big return from the coins. There are many who have been able to gain a lot of their investment from meme coins, while there are many who have lost their wealth. By investing in Bitcoin, an investor may not be able to profit in the short term, but he has profited in the long term. But if someone invests in meme coins, then the possibility of getting a return on his investment is almost gone. Because these coins do not have a big ATH. Moreover, since these are risky coins, those who have profited from them are never interested in investing in these coins again. Therefore, it is better to hold on to Bitcoin for the long term than to take the risk of losing.

We can't force any to invest solely in Bitcoin and I'm not forcing them. I just wanted to let them know the risk when they invest in Bitcoin compared to altcoins. So to those who already made profit from investing it would reminder to them since they already knew this. This is really helpful advice to those who are new and wanted to invest in crypto that in terms of risks Bitcoins is the best and in terms of higher potential profit, go with altcoins.

It is true that investing in altcoins will create the possibility of getting higher returns in a short period of time. But if we do a market analysis this year, there is no significant impact of altcoins, although the time is not over yet. If an investor invests in Bitcoin, there is a high possibility of profiting. But if the investment is wrong in the case of altcoins, there is a high possibility of loss. The main point is that the risk should be carefully observed before investing. If we invest in cryptocurrency, we must have a risk-taking mentality. Those who try to hold their investments for the long term will have better returns on their investments.