Explanation of the Importance of $PEPE Coins
*1. Community Driven*
PEPE is a meme coin based on the internet meme “Pepe the Frog,” fully driven by the community. Its value primarily comes from community enthusiasm and online dissemination.
*2. Viral Spread*
Since its launch in 2023, PEPE has attracted a large number of retail investors in a short period due to its “low price, high potential” label, resulting in a price surge.
*3. Psychological Effect*
Investors can buy “millions of” PEPE tokens at a very low cost, satisfying the psychological need to “own a large amount of assets.”
*4. Risks and Considerations*
- No clear practical application scenarios
- Lack of fundamental support
- Price volatility is severe and can easily be manipulated by large holders
- More suitable for short-term trading rather than long-term holding
*Conclusion*
PEPE is a speculative cryptocurrency purely driven by culture and emotion. It may exist as a high-risk, high-reward part of an investment portfolio, but caution is advised.
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