$PEPE is on a 40% recovery run, but you should keep in mind that it is coming after a 60% plunge
Additionally, further suspicion arises from the distribution of the Pepe supply, as several wallets hold a substantial percentage of tokens, which they received simultaneously. This concentration of supply in a few select wallets increases the risk of market manipulation and price volatility, which could lead to dramatic losses for investors holding the token.
As with any cryptocurrency, particularly those in the meme category, potential investors must exercise caution and conduct thorough research before committing to a position. The rapid rise and fall of Pepe highlights the unpredictable nature of meme tokens and the potential for extreme fluctuations in value.
It is essential for investors to consider the potential risks and rewards associated with such assets and make informed decisions based on their individual risk tolerance and investment goals.
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