1. Silicon Valley Bank 2. Signature Bank 3. FWB:PEPE is honest.
After smashing the 1 billion dollar mcap There was a euphoric blowoff ... peak shilling, peak hype (most likely) I saw ppl losing money both long and short via newly introduced perpetuals :( #Crypto's regularly correct 80% as we know.
Peppe has become the lastest meme coin to beat the odds of mass adoption. In just a little of 2 weeks it has seen what is a clear parobolic pump and is currently sitting up over 4000% since launch. The question is how far can a silly meme coin with no real utility go? Past experience with top memes like shiba and doge had proven that they can go alot farther than...
Scenario 1 A windup in a tight #HVF pattern which takes this coin just shy of $1billion dollars incredible. The shilling will be immense, which is a sure sign of using retail as exit liquidity. Scenario 2 we already locally topped! and it's due for a sizeable pullback. I favour scenario 1 Bt not participating in this coin at this stage!
There are 9 Thousand pepe coins now! This one has over 7 million dollars in liquidity with early holders playing a game of chicken with each other. One "investor" already market dumped If you didn't get in early .. note the #HVF pattern and are not looking at that USDC pool to lock in gains The Risk/Reward is too high for me to join this runaway train.