I am surprised that you call today's Pepe price dumping. Today's coin price is 40000% higher than the one at which it started trading. So the Pepe coin has already brought a good profit to the team and investors who invested at an early stage and received a profit of 88000 percent.
I think meme coins like this only really benefit early investors while later investors just gamble with hope and luck. I have absolutely no interest in investing my money in such meme coins because I believe when the hype wears off the price will be thrown away.
People flocked to take advantage of the hype regardless of the risks that lurked. Look how many shiba investors will have to wait for the price to go back up after the hype dies down, even I'm sure when the bitcoin price returns to ATH, then the meme coin price won't hiit a new ATH. But that's not why they shouldn't buy, it's because only my personal opinion.
On the time that i do see a coin had already pumped up like 100x or even more or even as low as 50x, then i dont really have that kind of confidence on which i do make myself able to get in and invest
that huge just because im hoping for an another 100x on its price? Be something that having that realistic mind on which it is something that would really be saving up your ass just because you've been thinking on things way too ahead without even knowing that the current level of hype is really on the roof.
Once the hype is gone or doesnt have enough gas then this is where profit taking would happen. If you do able to buy on peak prices and suddenly drops? Then what you would do?
Cutloss? or would really be ending up as a holder just because you do still hope for some comeback or pullback of the price? This is where emotion do usually
fight in between and making out decisions is never been that simple.