$PEPE

The "PEPE" currency is considered one of the "meme" cryptocurrencies that was launched in 2023 and gained rapid popularity after being listed on major trading platforms like Binance, but it was characterized by sharp price volatility. After the listing, its price skyrocketed (ninefold in a short period) due to a wave of "FOMO" (fear of missing out) and media attention, then it experienced a significant drop, losing over 80% of its value at one point.

In comparison with other "meme" coins like Shiba and to a lesser extent Floki, the sharp upward trend is not unprecedented but rarely does a similar coin reach market values in the tens of billions as Shiba did at the peak of the previous bull market.

Key points about the PEPE coin:

Extreme volatility: The price of the coin has undergone strong waves of rise followed by sharp corrections, due to speculation and weak economic fundamentals like other meme coins.

Reliance on speculative waves: There are no strong technological projects behind the coin compared to serious currencies; most of its activity is driven by rumors and speculation.

Its market value previously exceeded 4 billion dollars, making it the talk of the markets, but this does not guarantee sustained performance with the same strength or easily reaching new peaks.#BinanceHODLerTree #ETHCorporateReserves #ETHCorporateReserves #BinanceHODLerTree