Quote from: Desscount on Today at 06:41:44 PM

Quote from: barlo357 on May 27, 2023, 06:56:45 PM

Comparing it to SHIB, if it takes a few months of consolidation for it to bounce back to a much higher all-time high. It was a different time back then, so no one really knows, and it is for the market to decide.

Meme Coin Season is no longer running because the price of Bitcoin has returned to rise and head to $ 30k,
if you want to buy Pepe then this is not the time, because the market is on Large Cap and Medium Cap,
especially now that it is busy talking about Hong Kong, so Stay away from pepe and buy altcoin.

What do you consider medium cap then? at the moment Pepe has $563M marketcap, Which is more then fair retrace for going immediately to $1.6 Billion dollar marketcap.

I mean don't get me wrong, you might be right and it's now time for high and mid caps, but that's usually because when newbs want to enter they pick what they first see, and they pick from the top of the marketcap because they think they are ranked being best or something weird. They don't get what marketcaps are, and they will pick coins that have low $ value per coin, even though that doesn't make any sense, they tend to do that.

And since they pick on those conditions. Pepe would fit in perfectly, it's been on news and everyone knows about it. And now they think it's cheap too.