The Rise and Fall of Pepe Coin: A Crypto Rollercoaster

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Source: The Daily Hodl
The Rise and Fall of Pepe Coin: A Crypto Rollercoaster
Photo: The Daily Hodl
TL;DR Summary

Santiment predicts that Pepe, a memecoin rivaling Dogecoin and Shiba Inu, may not reach its all-time high price again but could see a smaller move to the upside in the near term after plummeting in value by 67%. Santiment suggests that if the social dominance metric dips a few percentage points lower, it would indicate traders are moving on. However, moves to the upside are still possible for Pepe, and one indicator to look for is if large addresses holding at least 100 million PEPE become more active.

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