Guys do you know that in my 5yrs of trading crypto currency I never like meme coins because they do not hold strong foundations. However, for $PEPE I have always profited with $BONK even though I do not like trading them they have always deliver.
đReasons Why This is so
PEPE is traded because most people arenât buying it as a âserious projectâ theyâre trading it as a speculative asset.
Hype and attention: Meme coins move fast with social media support.
High volatility: Traders like PEPE because it can pump or dump hard, creating quick profit opportunities.
Liquidity: PEPE has a lot of buyers and sellers, so itâs easy to enter and exit trades.
Low price psychology: Even if market cap matters more, people feel they can buy âmillions of tokens,â which attracts retail buyers.
Community + trend cycles: Meme coins often come in waves, and traders ride the wave.
So basically, PEPE is traded for momentum and profit, not because people believe in long-term fundamentals.
