Currency $PEPE
After the massive media frenzy surrounding the celebrity and investor-backed Pepe currency, we observe a quiet and soft decline of the currency, where volatility reaches high levels and may vary by up to 5% of its market value in a single day.
This extreme volatility in the currency illustrates the nature of digital currencies, as they are merely trend-based currencies that rise with their popularity and fall with it as well.
Despite the rise and recovery of Bitcoin and most other currencies, Pepe currency has maintained a level below 0.00001, and it may reach this value for a short period of time.
The fluctuation and decline of this currency can be attributed to the fact that there are over 410 trillion of them, which complicates the stabilization at a strong fixed price, posing a significant risk alongside being a meme currency.
What do you think? Do you believe that Pepe is the dark horse that will defy expectations? Or just a bubble that will completely burst one day? #MarketRebound #BinanceHODLerSAHARA #NextFedChairCandidate #BinanceAlphaAlert

