PEPE Token Burns – Key Insights for Traders
**Hey Binance Community!** 🚀
$PEPE is making headlines with **massive daily token burns**—yesterday **8.4B**, today **7B** tokens gone forever. But what does this really mean for price action?
### **Key Takeaways:**
✅ **Burns = Supply Shock Potential** – Reduced supply *can* boost prices **IF** demand stays strong.
⚠️ **Not a Magic Bullet** – Burns alone won’t guarantee rallies without volume, sentiment, and market momentum.
🔍 **Watch Critical Factors:**
- Resistance/support levels
- Trading volume spikes
- Whale activity & meme market trends
**Bottom Line:** Burns are bullish, but **timing + fundamentals**
matter more. PEPE’s long-term meme power remains, but stay alert!
**What’s your take?** Is PEPE heating up or cooling off? Drop your thoughts! 👇