There are a few things about #PEPE Coin that need to be explained, and one is my own personal thought.
🚨Note that I am not a financial advisor.This is my personal thought.🚨
As we have seen, it has been going down since 2024/12/09 and has not made any achievements, which is going into 81 days of steady loss.Which was his full high rate 0.00002836.And today's rate is this0.00000736
There are two things in this.
Number one is that it is built on the Ethereum blockchain, so its volatility has a big impact on it.
#ETH will have to go to $3500 to see a good move in #pepe coin.
#ETH itself is stuck between $2200 and $2600. If it breaks the $2800 figure, it will be a very good sign for #pepe and the market.
Now let's move on to number two.
#peep After making its all-time high, the price was doing a good consulting from 0.00001441to 0.00002190 . And there were quite a large number of very good entries here.And after that, a pretty bad downtrend started.And today it has reached this figure of 0.00000736 and it is not going back into an uptrend because of that.
When it started a downtrend, investors and big whales started a very powerful DCA. While this small move is not taking the upside.
🚨Note that I am not a financial advisor.This is my personal thought. 🚨
Now, if it doesn't break its low-time high, 0.00001076 investing in it and doing a DCA would be foolish.
