#MuskAmericaParty

The value of PEPE is determined by supply and demand factors, as is the case with all cryptocurrencies. Several factors affect supply and demand.

First, since PEPE is a meme coin, community activity is of utmost importance. The more buzz there is on social media about the asset, the more likely its price will rise.

Second, the overall state of the cryptocurrency market is very important. When the market is in a bullish phase, interest from investors in major assets increases and their values rise. The opposite is true in a bearish phase: buyer interest decreases, and thus the price of PEPE and other crypto assets falls.