Recently, researchers from Matrixport reported on the hype surrounding meme tokens and their sudden drop in price. They attributed this to Asian traders taking profits and leaving little liquidity. Analysts advise traders to follow trend technical lines and assess whether others in the market are panicking, as well as understanding when support levels may be breached. The trend currently is for all investors to sell their PEPE to the world’s largest crypto exchange clients, which recently listed the digital currency. Though PEPE has no practical use, speculative interest led to a market cap of $1.82 billion before a 50% drop. All PEPE tokens are in the market.Матрикспорт провел анализ ситуации вокруг мем-токена PEPE.
Recently, researchers from Matrixport reported on the hype surrounding meme tokens and their sudden drop in price. They attributed this to Asian traders taking profits and leaving little liquidity. Analysts advise traders to follow trend technical lines and assess whether others in the market are panicking, as well as understanding when support levels may be breached. The trend currently is for all investors to sell their PEPE to the world’s largest crypto exchange clients, which recently listed the digital currency. Though PEPE has no practical use, speculative interest led to a market cap of $1.82 billion before a 50% drop. All PEPE tokens are in the market.