Maybe there will be an opportunity but it will not be as big as SHIB, SHIB was backed by big businessman Elon Musk so it achieved this amazing growth.
Anyway, I got to know the PEPE token on the CoinEx exchange for the first time, where there is a contest to win $5,000 for trading on the PEPE / USDT market. There is a very good trading volume and I expect a big growth for the token.
I don't know where you got the information that Elon Musk was behind Shiba, but I think it's just rumors.
It's possible that PEPE won't be the next Shiba, but looking at the chart, it's running quite well and probably in a few weeks it could turn out to be a real gem.
The same or very similar situation is with WOJAK. I think we should keep an eye on both of these coins.
It was just a rumor because anytime that Elon do make out some tweet about a certain coin then it would really be making out some pump. Remember about tweeting
about some UFO icon as far as i remember on which the price of coin did really soar up high and people make out some predictions and assumptions that Elon might be holding up this kind of coin. Next on the time that he had tweet about DOGE then it do soar up and then after that which Dog named coins is soaring up high which is something not that shocking considering this market is really that highly reactive when it comes to news and sentiments specially if it do comes from Elon.
Since there's no official news regarding on Elon's participation to hype PEPE people should not take this news seriously because any hyping strategy could exist just to fool them. And its really bad for them if they believe without verifying this information then they lose their investments by those informations they read.
Its clear that he is into DOGE and its more realistic if the news came out is all about this coin since for so many months he's showing strong support/manipulation to this coin because he know he can take an advantage of this one since this is the most famous meme coin available in the market.
We should really be careful on dealing up with meme coins or something that doesnt have utility just like been said.If its been hyped then it would be understandable that it would pump its price but if it did really pump without having any news or events then its been played out by some what which is something not really that something new.
Hype do come and go and on the time the hype settles down then this is where correction do happen and on the time that you got fomo then you would really be finding yourself get stuck on the peak price which you might be holding for a very long time until the price would be hitting up your position, but if not then it would really be that ending up holding
some shitcoins forever.
Whenever you do make out some dealing with meme coins then you should set out some considerable TP. Take profit when you do have the chance
because if hype dies down then you wont know if its over or would be recover.