wow PEPE has gone up more than 100% today according to Coinmarketcap, even though if we look at the price of the meme coin it is still very bad,
but PEPE can get through that, if you look at the fundamentals, the PEPE token is clearly just a memecoin, and when compared with SHIB obviously SHIB is much better,
I can't advise you to buy PEPE because it has gone up more than 100%, if you want to just buy then wait for PEPE to go down again.
What do you really expect when you see and much shilled project ? when you are reading thread after thread here in english section and even in local sections? than means one thing that there are many response from hunters and those looking for pump and dump projects .
wondering how long will it takes to realize that they are all trapped,
and we will be seeing posts here crying for their losses?
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seems like this coin following general trend of meme coin that's famous, gaining massive value increase overtime until it reached peak.
but it's true though investing in this coin when it's already reached this high might be really bad idea considering it's already increasing quite literally everyone are waiting for their turn for dumping in the next bull
i'd definitely refrain from investing in this coin and instead find other meme coin in other l2 blockchain that gonna be repeating the same trend again.
Look at what happened to SHIB , and most of the times in Dogecoin(those are strong meme coins) after hitting top then will lose back again and stagnant for long time before having another bull.