Recovering the support area at $0.000010 could push PEPE to $0.000020. He stated that this price increase could happen due to greater liquidity above it compared to below it.
Data shows 10,678.659 trillion in selling liquidity near $0.00020. PEPE has 6,827.768 trillion in buying liquidity under its critical support area. A rise to $0.000020 would place the meme coin near its all-time high of $0.00002825.
Crypto Inside discussed meme coin liquidity. The expert said that the fuel for meme coins is price volatility. He mentioned that the peak contains more gas, referring to selling liquidity.
According to the expert, PEPE has always been speculative and attracts huge capital during one-way movements. This causes dramatic price increases, he said.
Crypto Inside also discussed PEPE prices. He said the meme coin is holding around $00.0000817, which is the biggest area of interest. He said this is a strong level of support before expansion. He warned that if PEPE's price drops without a chance to recover, it would be very negative.
He said that meme coin narratives matter and that PEPE is an 'eternal meme', it will last forever. He pointed out that it represents meme culture worldwide.
Players in the market shouldn't worry about the drop in PEPE, as the expert said. He confirmed that the story will remain and there is no need to fear. He mentioned that meme coins like Fartcoin have extended market liquidity and pulled people away from PEPE for 'shiny new things'.
