PEPE plummets 20%! Team transfers $16 million in tokens, community shouts: Is this a "pump and dump"?! $PEPE
How are the brothers recently affected by PEPE doing? Especially the long-term bulls, there’s no need to feel disheartened now.
Reasons are as follows:
1. U.S. inflation restarts: July PPI rose 0.9% month-on-month, exceeding expectations, market expectations for the Federal Reserve's rate cut in September have reversed, and concerns about interest rate hikes are increasing.
2. Global market linkage: The three major U.S. stock indices (Nasdaq down 0.9%) and tech stocks are leading the decline, risk appetite has decreased, which has affected the crypto market, and PEPE is caught in the crossfire.
Personal trading strategy viewpoint:
$0.0000095-$0.00001 range: If the price falls to around $0.0000095, consider buying with a small position (5% of total funds), targeting $0.000011-$0.000012.
If you currently feel helpless and confused in trading, and want to learn more about the crypto space and get the latest news, click on my profile and follow me, don’t get lost in this bull market!
