๐ดFactors Affecting the Price of Pepe Coin๐๐๐
In the dynamic world of cryptocurrency, PEPE has emerged as a key player, attracting significant attention and investment. The price of PEPE has experienced a wave of volatility since its launch in April 2023, reaching a market value of $1.5 billion at one point. The price of the PEPE cryptocurrency is heavily influenced by the meme coin culture surrounding it, as the community and founding team actively use frog-themed meme coins on social media platforms to boost its popularity. This strategy has been somewhat successful, as evidenced by the current value of PEPE, which is around $264 million as of September 2023, showcasing its ability to retain significant value despite lacking a commercial use case or a robust system seen in other cryptocurrencies.
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