$PEPE Tang Manh – Despite Robinhood Dumping 15 Million USD on May 17!
On May 17, Robinhood was found to have sold off about 15 million USD worth of PEPE tokens, causing the community to worry about strong correction pressure. However, the market reacted contrary:
PEPE surged over 20% within less than 24 hours after the dump.
Trading volume skyrocketed, especially on DEXs and memecoin platforms.
The strong comeback of speculative funds made PEPE stand out among memecoins.
Why is PEPE still rising?
The buying force from the community is too strong.
The "buy the dip" mentality has been activated.
Expectations that PEPE will benefit if the altcoin season truly kicks off.
Advice:
PEPE is a high-risk coin, please set tight stop-losses.
Avoid going all-in, prioritize short-term trading if you lack experience.
The information is for reference only, not investment advice. Always DYOR and manage your risks.