What drives the price of Pepe?

There are a series of variables in the cryptocurrency market that can cause the price of Pepe to rise or fall. The main force behind the value of Pepe assets is market supply and demand. Whether the demand for more PEPE increases or decreases largely depends on the growing adoption.

Additionally, significant events such as protocol updates or hard forks can also play an important role in the price of Pepe.

Another key factor to consider is whale activity. Large holders of Pepe can have a big impact on the price, as a large sell order can cause the price to drop significantly. Furthermore, never underestimate the power of large institutional adoption and political regulations on the value of Pepe.