Coin $PEPE from joke to serious business!
Why has coin $PEPE sparked all this controversy?
The phrase "PEPE from joke to serious business" summarizes the remarkable transformation this coin has undergone from being merely a satirical project to an investment tool that has garnered wide interest. Here's a look at this transformation:
1. Origin as a joke
* Coin $PEPE was launched in April 2023, inspired by the famous meme character *Pepe the Frog*.
* It started without a clear goal or white paper, just like other meme coins such as Dogecoin and Shiba Inu.
2. Price explosion and sudden rise*
* Within weeks of its launch, the coin's price multiplied thousands of times.
* It attracted the attention of traders looking for quick profits, increasing its daily trading volume to hundreds of millions of dollars.
* It was listed on major platforms like Binance, giving it a kind of "market legitimacy".
3. From a joke to a serious speculative tool
Investors began to view PEPE as an opportunity for quick speculation rather than just a joke.
* Technical and fundamental analyses emerged around it, and risk management tools and strategies such as day trading and scalping were employed.
* Some small institutional portfolios began to include it in their experimental investments in the meme coin sector.
*Summary*
The transformation of **PEPE** from joke to serious business is not just a story about a coin, but reflects a phenomenon in the cryptocurrency market: **that symbolism, community, and timing can sometimes outweigh technology and actual utility.**
