In the current cryptocurrency market, an unexpected star is rising. While Bitcoin (BTC) failed to hold the $62,000 mark, and Ethereum (ETH) along with other altcoins like Solana (SOL), XRP, and Cardano (ADA) are tumbling, PepeCoin (PEPE) is soaring with a staggering 7.47% increase, reaching $0.00001092, becoming today’s top gainer.
Where do you think the magic of PEPE comes from?
It's an incongruent comparison because essentially they are all cryptocurrencies with different uses, but when it comes to price, we should look at the actual capitalization value of PEPE to compare with Bitcoin, Ethereum,...
The lower the value something gets, the greater the volatility, and I suspect the OP is playing on a short-term play and at a time when the attention is on memecoin some FOMO types increase the hype about it. But when it comes to the level of attractiveness in an investment portfolio, each person will have their own approach, let's simply say that it is just a gamble where everything around is manipulated and attracts new people as well as greed, but the game sees more risk than opportunity, because few smile and most are trapped.