Post
Topic
Board Altcoin Discussion
Re: What do you think? Does Pepecoin [PEP] have potential?
by
emgi2
on 17/07/2024, 18:30:51 UTC
There's no liquidity on Xeggex exchange site, and i think that's quite wrong to have big expectation from this. Never buy this token, and the risk for you to lose your money is very big.
I think the fact that it is not in any proper exchange and it doesn't have any proper volume should be a good enough reason for anyone to stay away from it as much as they possibly can. In the crypto world, you do not have to convince yourself that one thing will get better with time, if it is not good now, you have thousand other choices to pick from, some at the top being awesome and have high volumes. So when you see something like PEP, you just say no thank you, and move to something better, it's so easy.

A lot of people do not realize that, even spammers, that we do not have to, we do not need convincing, we do not have to invest when it's down and wait for it to do better, we just could ignore it. There are thousands of them out there, even hundreds of meme projects as well, we could ignore the ones we want whenever we want, and keep on investing into good projects. That way, we are going to end up with things that are already good, and not have to wait for anything to get better with time.

I mean from your perspective if you are used to high value coins with long history it makes sense. But keep in mind that this coin launched this year in January. So it can't be immediately listed as tokens on all major exchanges. It needs to get mined to have some volume on those exchanges. It can be traded on Xeggex and Stakecube currently and just recently got listed on Coinmarketcap since they were basically crowdfunding listing fee since it would take ages to get listed. (Tokens are automatically, but coins with own blockchains are not)

But thank you for your perspective.