Quote from: tvplus006 on May 12, 2023, 10:10:45 PM

Quote from: chillaxe on May 12, 2023, 05:47:02 PM

The PEPE is down to 0.000001 value now is good time to buy yes? Huh

?..

Looking at the charts, you can see that after this fall, the price of the coin increased by 50%. But the problem with the meme coin is that you don't know what the team's plans are. And if they have decided that they will finally dump their coins on the market, then you should not expect that a pump will follow after the next dump.

Due to the lack of defined project plans or credible whitepaper, it has become difficult to speculate what the future of memecoins is and also because of the inability of those memecoins to rise after their market fall is one other big problem that investors need to look out for and the reason for such characteristics in the memecoin is because those meme coins are just good for speculations and nothing more.

The more reason why we always advise those buying into those projects is to take them as just a gamble and not to build any trust around those coins no matter their promises or current price