🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
🎁 Prize pool over $15,000+, iPhone 17 Pro Max, Gate exclusive Merch and more awaits you!
👉 Draw now: https://www.gate.com/activities/pointprize/?now_period=13&refUid=13129053
💡 How to earn more Growth Points for extra chances?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to rack up points!
🍀 100% win rate — you’ll never walk away empty-handed. Try your luck today!
Details: ht
Baby (PEPE): The meme that shook the crypto world
Oh my God! In the midst of this crazy world of digital coins, the PEPE coin jumped from nothing to become a true legend! I personally saw how it transformed from just a funny green frog to a shocking financial phenomenon that attracted millions of investors eager for quick wealth.
The Naked Truth About PEPE
PEPE is a meme coin on the Ethereum network, and frankly - it has no real value other than what people give it! I couldn't help but laugh when I saw the anonymous developers proudly announcing that their coin is "just a meme" with no practical use. At least they're honest!
With a total supply of 420.69 trillion coins ( Yes, even the number is ridiculous! ), PEPE has gained an astonishing market value of 5.3 billion dollars - which I consider to be a stark evidence of the cryptocurrency market's detachment from reality.
A Crazy Phenomenon or a Masterfully Crafted Scam?
PEPE was launched in April 2023 and spread like wildfire. As a skeptical trader, I can't help but wonder: how can a coin with no intrinsic value rake in all these millions? The unknown founders ( hiding behind their masks ) sent 93% of the coins to Uniswap liquidity pools, keeping 6.9% for themselves - a very clever move for quick enrichment!
The current price of PEPE is around $0.000009, which is a trivial number, but the daily trading volume exceeds billions! This is the essence of collective mania at its worst.
False Promises and Bitter Reality
Let's face the truth - talking about PEPE reaching one cent or even a dollar is pure fantasy. Mathematically, for PEPE to reach 1 cent, it would need a market cap exceeding 4 trillion dollars - more than the entire cryptocurrency economy! But that doesn't stop promoters from spreading false hopes to naive investors.
The bitter truth is that PEPE relies entirely on market sentiments and media hype, not on any real economic fundamentals. When the meme fever cools down, many will end up holding bags of worthless tokens.
Entering the game - but at your own risk!
You can buy PEPE easily through trading platforms, but I warn you: you are entering a gambling game, not an investment. Professional traders enter and exit quickly, leaving behind enthusiastic beginners.
The future of PEPE hangs by a thin thread of public interest. When new shiny memes appear, the world may forget our green frog in an instant.
I learned from my experience that in the cryptocurrency market, fame is temporary and true value is rare. PEPE may be the star today, but it could become just a forgotten hashtag in the corners of the dark internet tomorrow.
Are you going to risk your money in this crazy game? The decision is yours, but don't say I didn't warn you!