What is this cunning frog PEPE up to?The development of our previous idea for OKX:PEPEUSDT is simply fascinating:
first a -50% drop, and then a x4 price increase 👇
Let's try to predict something now:
1️⃣ over the previous cycle, #PEPE price gained +2800% compared to other altcoins - this is a lot
2️⃣ for more than three months, the price has been squeezed in consolidation - someone is unloading their positions, but of course someone is buying #PEPE
3️⃣ on the info field, the excitement about memecoins on CRYPTOCAP:SOL has greatly decreased
4️⃣ a lot of retail buyers have bought #PEPE on the highs in anticipation of the next x10, but will they...
5️⃣ memecoins on CRYPTOCAP:TRX are starting to break into the info space (but we are not agitating to buy them, at least not now)
Conclusions:
ℹ️ when and if OKX:PEPEUSDT reaches $0.00001 (+30% of the current price), think about whether to keep the position in full or maybe it's time to fix it.
ℹ️ below $0.000006 CRYPTOCAP:PEPE may be waiting for a total collapse