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Fairy Tales 🧚
$PEPE
What is a resource widely used in children's stories is the figure of the talking toad who is actually a cursed prince. Everyone knows it.
I won’t bore you with structural analyses (Propp) or psychoanalytic (Betheleim) of the story. I will only mention that the longing for something horrendous and despised to transform into something valuable and scarce is deeply rooted in our psyche.

I can’t help but refer to these thoughts every time I hear or read that PEPE will be worth one dollar (or more).
Such an unlikely thing as the fantasy of the structural burning of tokens with every afternoon of the little toad.

That PEPE is worth its 0.000006 of usd has its reason.

It is possible that it could fluctuate within the 0.00000 and maybe even climb a rung and be priced in the line of 0.0000

It is also true that other memecoins are priced at several cents of dollar (DOGE) or more (TRUMP).

But consider the following. What would make PEPE worth cents of dollar when much more solid and coherent projects barely touch 20 cents (ALGO-HBAR).

Why would it be worth one dollar when XRP is worth two dollars and fifty cents and everyone is lighting candles that it doesn't return to 50 cents?

Why risk investing your savings buying PEPE? 🫵

I know that fiat money is just a promise (and maybe a bubble waiting to burst)... but PEPE is not fiat.

So when someone tells you how you will become a millionaire buying PEPE, take your money and run... as fast as your legs can take you.
#FOMCMeeting
#Take your money and run