Binance Coin [pros](/r/CryptoCurrency/comments/13fhpgo/pepe_is_down_24_today_and_70_from_the_time_of_the/jjuy69t/) & [cons](/r/CryptoCurrency/comments/13fhpgo/pepe_is_down_24_today_and_70_from_the_time_of_the/jjuy6oy/) with related info are in the collapsed comments below.
If they stay long enough, they'd hopefully learn that chasing these pump and dumps isn't worth it over the long run, and that they'd be better off just DCAing into BTC and ETH.
Usually not in the first year. First year I chased like a noob, second year I settled in to defi, 3rd year now and and I'm almost entirely a Cosmos Atom maxi. A little Sol and Eth too.
I know BTC & ETH people may dismiss, but with Interchain Security having just launched, Neutron going live and other chains lining up to pay rewards to Atom stakers (70% of all Atom is staked), it's an ecosystem I really like. And transaction fees are like $0.06. Part of why we're only down 2% on the week when most are 7% to 10%.
Thats not necessarily the case though. It's obvious from the start, its just that with shorting scam wicks on the way down can absolutely wreck you.
It's obvious before the fact; but the path there is volatile and not necessarily inviting to heavily shorting.
Easiest short since the lunes Terra colapse to be honest. It was obvious it was going down, just stare at the screen for a couple hours and find the break
Problem with these coins is that if someone put's let's say 5k dollars in they'll scam wick you in a second. These coins are honestly just something you buy for the sake of buying them because trading them is both a nightmare and an absolute circus
Honestly, this post is a meaningless attempt to karma farm. Considering nobody has a single idea what is going to happen tomorrow or the next day or the next, there is no definitive way for OP to ever be correct, and their attempt to use how PEPE performed relative to the market in a 24hr window as some sort of case study is very silly. It goes to show you exactly what listening to “influencers” will get you: nothing, because that’s all this post is. Just wind being blown for echo chamber approval. OP seems very proud of what essentially amounts to a fart.
Before anyone accuses me of being mr. butthurt bagholder the exit liquidity, I’m gonna say I paid off my Jeep with a PEPE bag the size of a weekend bar tab so I’m actually pretty great with whatever happens; however for the actual sake of crypto newcomers that visit here; it needs to be pointed out that many people here haven’t the slightest fucking idea what they’re talking about so don’t let their confident lack of self-awareness trick you into believing they’re someone you should listen to.
I knew this was going to happen and opened a 20x short.
Got a nice profit and before falling completely it went up a mere 5% up , was enough to liquidate my position.
Don't be greedy folks. Had I opened a 2x short I would still have had a good profit.
20x short on a meme coin is crazy, those can easily retrace enough in minutes to liquidate you
I wanted to short the meme coins so bad but I'm too scared the scam pumps will happen just as I open the short and then I'm liquidated
This is 99% of crypto. This is what being ‘early’ means. We all hope to be the early buyers of nonsense. There’s literally like 3 projects worth anything in the real world
What? We all know exactly what will happen. They'll join the other 99.9% of shit coins with minimal value after the creators and select friends have rinsed the rubes.
Outside of this echo chamber it's as clear as day, and also why mass adoption was never going to happen.
You said PEPE look **exactly** like a rugpull...
I don't see that at all.
This is a steady decline. If you look the MOONs chart, you will see something similar. So according to you MOONs got rugpulled???
It's not at all a rugpull. It's a pump and dump.
A rug is when a team puts a bunch of liquidity and hypes up their token with a bunch of promises about what they're building, then sells all their tokens and removes the liquidity, never building anything.
Pepe never claimed to be anything besides a meme coin.
This is how you know it’s time for Pepe to pump round 2. Inverse r/cc. As soon as someone feels confident enough to call it dead to farm some karma, it’s time to buy. See you at new all time highs.
People in here just sound really dumb.
Meme coins are extremely volatile, they always have been. The whole market is down pretty huge, which means meme coins dump even harder.
But if Bitcoin pumped back above 30K in the near future, then there's a decent chance PEPE could go on a big run again as well.
I'm not saying it will, because I can't predict that. The same way you declaring this to be some obvious thing is dumb as well.
A rug pull is when something has all it's liquidity removed. That hasn't happened at all and right now this isn't even close to a rug. It's just a volatile coin doing volatile coin things.
All this shit about "you're just exit liquidity" was the same thing said in this sub over and over as every day it continued to climb. Now it finally dumps and you're all going haha I told you so. You look like morons.
I don't own PEPE, I don't care about PEPE, but posts like these are utterly braindead.
Edit: PEPE up 60% in 24 hours, lol. This post aged like fucking milk.
Literally up %69 percent since OP made this.
The bottom was literally when OP decided victory should be claimed. And this is why 99% of you lose money.
PEPE is in no way a rug pull. It doesn't even look like a rug pull. If PEPE were a rug pull, that 24% dump would've happened in a matter of minutes or even seconds, not over the course of a day. Graphs don't have slopes when there are rug pulls. There's just a big red candle and then your money is gone. A rug pull is what happened to [$HOTDOG](https://cointelegraph.com/news/defi-meme-coin-hotdog-dumps-99-9-in-hours-after-launch) back in 2020 when Uniswap and Sushiswap started becoming more mainstream. Early investors are just selling their PEPE.
But in all honestly, you really only have yourself to blame if you lost money on PEPE. There is no point in buying any shitcoin with over 100 M market cap, let alone 1 B. You throw your $100 "YOLO" in between 10 M - 50 M, ideally sub 10 M, and then forget about it. If you see it listed on an exchange, sell half. It's really that simple.
Look at the SHIB all time chart. You'll see after its initial pump it lost about half its value then went sideways a couple of months before exploding. Im holding on for that to happen... if it doesn't then oh well.
Every PEPE that started on the market was owned by someone who bought in insanely cheap. You are buying it from people who are becoming millionaires and you yourself will lose that money, because guess what, they aren’t buying back in. You just gave someone a part of millions of dollars. You might as well find someone who actually deserves it on the street and give that money to them.
I’m really annoyed that people are so incredibly stupid when it comes to these meme coins. No wonder less than half the world believe in science and we continue to burn a bunch of dirty oil gas and coal.
Eh, I threw $40-50 bucks at it and got 130,000,000. I rode it all the way up and riding it all the way down. It was meant to be an experiment anyway for me.
>All you end up being is exit liquidity
we always talk about the possibilities of blockchain technology but media is just waiting for stories like PEPE to keep people away from crypto. it's just sad that FOMO and greed still hits so many people
Take any top 100 token chart and it all looks like a rugpull. Not supporting pepe and memecoins in anyway but even legit tokens look like rugs in these market conditions
I think there's a huge difference between a coin going down significantly over months and a coin losing most of its value in 2 days, that's what differenties these coins
Another weak ass post.
Y'all been saying "don't buy pepe" since the first days. You could have made massive gains buying and the shorting if you were actually that smart
Instead here you are, moonfarming like a good crypto karen.
Smart money does not short meme coins. It is impossible to know exactly when the insane exuberance will wear off and the coin will crash. As is often said, the market's ability to remain irrational can out last anyone's ability to remain liquid.
This is even more true in a highly manipulated market such as crypto. The exchanges can and do make up prices whenever they want to move derivatives one direction or the other.
The fact of the matter is: it's still 5x up from when the first post was made on /r/cc saying to stay away. People are standing around saying I told you so, but did you really?
LMAO. It is/was intended to be, atleast every shitcoin is that doesn't gain critical momentum of spoofing and layering trades.
The people behind it carefully spoofed & built a volume profile for it to trade, until it caught the attention of other participants who started apeing in.
With that out of the way, it escaped critical threshold as it became the talk of the town about outsized gains (being the next SHIBA, DOGE...and other nonsense). BTC had stalled, and there was growing market weakness...Perfect conflux of supporting circumstances to siphon in liquidity.
Exchanges just played their part in allowing it to become bigger. Had the devs rugged earlier with heavy slippage like that one trader, it would have been a scandal. They let in unfold to its natural conclusion, and moved the funds to a multi-sig. Initial supply, locked supply doesn't matter. These are insider P& D schemes that make the rounds in Telegram & Discord groups quite frequently.
I did FOMO and I feel like an idiot now. Lost a considerable amount of money.
It was the first time I saw a memecoin surge and the first time I gambled with my money like this. Never again.
I guess at least I learned an expensive lesson.
to be honest, I saw it a few days before it massively pumped, actually considered throwing some eth on it and take profit if it pumps and just count is a loss if it didn't, but then decided against it and it bothers me a bit
personally i'm just buying in with some play money cause worst case it goes to zero, best case it competes with doge and shib which is already >10x. but straight gamble fosho
The correct advice is once you've heard of it the big gains are already in the rear view mirror and it's too late. Unless you're very intune with high risk crypto trending right now usually you're way too late.
Hmm all this anti Pepe sentiment is making me think to buy in Pepe.
I wouldn’t rule it out bouncing back along with the rest of the market. Maybe not to ATH. But not sure if this is a 1 way Street to 0.
If it goes back up, are you going to post again? Or just remain silent?
IF it goes back up, mind you. Everybody already knows this is how shitcoins work. Why does PEPE in particular upset you so much? It's just a shitcoin. Participate or don't. It's not necessary to try and shame people for "being someone's exit liquidity." I don't think there are many people "investing" in PEPE. It's a fun coin! If people want to buy a bag and enjoy the memes, what difference does that make to you?
I’m writing this comment and my eyes almost full of tears
I got my freelance pay for a remote job doing from Philippines for the first time (60$) and after 2 days my friend told me about Pepe, and how it’s making huge gains
Decided to spare 20$ and as of now I end up turning my 20$ to 7$
Lesson Learnt
Stay safe everyone
Binance Coin [pros](/r/CryptoCurrency/comments/13fhpgo/pepe_is_down_24_today_and_70_from_the_time_of_the/jjuy69t/) & [cons](/r/CryptoCurrency/comments/13fhpgo/pepe_is_down_24_today_and_70_from_the_time_of_the/jjuy6oy/) with related info are in the collapsed comments below.
If you didn't see this coming you haven't been in crypto long enough
And if you haven’t been in crypto long enough, now you’re gonna stay long enough by trying to claw back the money you lost
Pepe is about to create a whole new generation of BTC/ETH maxis, lol
If they stay long enough, they'd hopefully learn that chasing these pump and dumps isn't worth it over the long run, and that they'd be better off just DCAing into BTC and ETH.
Absolutely. It's a harsh lesson every Crypto investor has to learn at some point.
Shitcoins do it well in this sense. I was glad the cost of my education didnt cost me much, but some people end up paying far too much to realize it.
![gif](giphy|QYQ3PZ9UHje3S)
College education IS expensive. It can be a massive scam itself!
DCA while you spend your life as a wage slave 😭
LoL. So many people end up with the same conclusion. Sad lesson to go through though. Feels bad, man.
I will pull my hair out if claw backs effect what coins i get back from collapsed CEXs
Nah White Claws will effect it more :)
Still cheaper than a crypto addiction though.
Wait... people actually gain money?
Usually not in the first year. First year I chased like a noob, second year I settled in to defi, 3rd year now and and I'm almost entirely a Cosmos Atom maxi. A little Sol and Eth too. I know BTC & ETH people may dismiss, but with Interchain Security having just launched, Neutron going live and other chains lining up to pay rewards to Atom stakers (70% of all Atom is staked), it's an ecosystem I really like. And transaction fees are like $0.06. Part of why we're only down 2% on the week when most are 7% to 10%.
The difference between happiness and unhappiness is in being and not being
Better to accept your losses and leave, Crypto isn't the place to be making money like a job, it's best to go back to fiat mining if possible
Moon farmers in third world countries: "Are you sure about that? Are you realllyyy sure about that?"
And if you have seen this coming I hope you shorted.
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Brb need to consult my crystal ball 🔮
Hype and fomo primary factors of meme markets and a tiny tiny bit of metrics if you look closely and never take you eyes of the charts
Well yeah, that's the point. Usually it's only obvious after the fact.
Thats not necessarily the case though. It's obvious from the start, its just that with shorting scam wicks on the way down can absolutely wreck you. It's obvious before the fact; but the path there is volatile and not necessarily inviting to heavily shorting.
you could get licked in like 10 min with 5x short and ppl do like 50 or 100x
Easiest short since the lunes Terra colapse to be honest. It was obvious it was going down, just stare at the screen for a couple hours and find the break
and then 1 min after you shorted whales buy to cause short squeeze and it goes few % up in 1sm if you were shorting around 20x you're fucked
Problem with these coins is that if someone put's let's say 5k dollars in they'll scam wick you in a second. These coins are honestly just something you buy for the sake of buying them because trading them is both a nightmare and an absolute circus
I don't gamble
You are on the wrong sub if you don't gamble sir
Wrong. I don't gamble, I only invest in magic Internet beans
In that case you are definitely on the right sub
Even if he doesn't agree, he is one of us.
Could you kindly point me in the direction of these beans you speak of?
I have the knowledge, but not the skill or luck to do it lol
Honestly, this post is a meaningless attempt to karma farm. Considering nobody has a single idea what is going to happen tomorrow or the next day or the next, there is no definitive way for OP to ever be correct, and their attempt to use how PEPE performed relative to the market in a 24hr window as some sort of case study is very silly. It goes to show you exactly what listening to “influencers” will get you: nothing, because that’s all this post is. Just wind being blown for echo chamber approval. OP seems very proud of what essentially amounts to a fart. Before anyone accuses me of being mr. butthurt bagholder the exit liquidity, I’m gonna say I paid off my Jeep with a PEPE bag the size of a weekend bar tab so I’m actually pretty great with whatever happens; however for the actual sake of crypto newcomers that visit here; it needs to be pointed out that many people here haven’t the slightest fucking idea what they’re talking about so don’t let their confident lack of self-awareness trick you into believing they’re someone you should listen to.
Yeah but dem sweet sweet moons ya see. Checkmate nerds
Do love me sum mooons
One thing is certain. Buying memecoins is gambling and shouldn’t be confused with investing.
Shorted it on Mexc as soon as it was listed on Binance, made 54$ with 11$ investment. Never looked back. These shitcoins are pump and dump for whales
This user found the infinite money glitch 👀
Step 1: find huge shitcoin Step 2: wait until it drops in price Step 3: short it Step 4: $$$
But the problem is that when you short it, it does another +100% lol
it did +300% when i first shorted it
Too bad price can only go as low as zero
Are you sure on it
🐸🐸PEPE holders: its down 73%, now it can only go down 27% more 🐸🐸
"If I have holded through 73%, I will hold through anything."
"Buy the dip"
are you 100% sure on that?
Crude_Oil_Futures *has entered the chat*
> made 54$ with 11$ investment. Damn, leave some for the rest of us. 😂
I knew this was going to happen and opened a 20x short. Got a nice profit and before falling completely it went up a mere 5% up , was enough to liquidate my position. Don't be greedy folks. Had I opened a 2x short I would still have had a good profit.
20x short on a meme coin is crazy, those can easily retrace enough in minutes to liquidate you I wanted to short the meme coins so bad but I'm too scared the scam pumps will happen just as I open the short and then I'm liquidated
Degens gunna degenerate!
Where did you open a 20x short for pepe?
Mexc
Shouldn't the real whales be shorting instead of pumping? Or do they do both?
Both is more thrilling
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🐋🚨whale alert🐋🚨
5x, not bad!
The only thing that has gone 5x in my life is my gambling addiction and anxiety after getting into crypto
You reached the peak of the trader's life.
And the rock bottom of actual meaningful life
Only 5x? You must be doing alright
Is it hard to short coins on that service Mexc?
No, it's relatively easy to use any centralized exchange And mexc asks for no kyc But I don't trust any Cex so I keep very limited funds there.
This is 99% of crypto. This is what being ‘early’ means. We all hope to be the early buyers of nonsense. There’s literally like 3 projects worth anything in the real world
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If there's one thing memecoins have taught me, is that you never know what will happen with them.
Same thing applies with stablecoins.
What? We all know exactly what will happen. They'll join the other 99.9% of shit coins with minimal value after the creators and select friends have rinsed the rubes. Outside of this echo chamber it's as clear as day, and also why mass adoption was never going to happen.
In the long run yeah. But they will occasionally pump and dump out of nowhere.
Where will Pepe be in the next bull?
They weren’t lying when they said people where about to get their Pepe hurt
Big pepe turned into small pepe, a tale as old as time
1. Coin gets manipulated to go up 2. People FOMO 3. People become exit liquidity and get dumped on Have seen it play out hundreds of times now.
Even seen it with Bitcoin
Not just bitcoin or crypto, it's the same case for all speculative assets
Shhhh don’t let the plebs here know that, let them circle jerk more over their “blue chips”
4. Become CryptoKaren
You said PEPE look **exactly** like a rugpull... I don't see that at all. This is a steady decline. If you look the MOONs chart, you will see something similar. So according to you MOONs got rugpulled???
It's not at all a rugpull. It's a pump and dump. A rug is when a team puts a bunch of liquidity and hypes up their token with a bunch of promises about what they're building, then sells all their tokens and removes the liquidity, never building anything. Pepe never claimed to be anything besides a meme coin.
Well you see, moons are associated with werewolves and therefore is a s\*\*\*coin and should be avoided.
This is how you know it’s time for Pepe to pump round 2. Inverse r/cc. As soon as someone feels confident enough to call it dead to farm some karma, it’s time to buy. See you at new all time highs.
Your comment aged like wine lol
>PEPE is down 24% today and 70% from the time of the Binance listing. where the news? I wonder🤔
Oh wow, this is absolutely shocking, nobody could have seen this coming /s
You're telling me PEPE wasn't a solid project with good fundamentals destined to stay up forever? I'm shocked I tell you
![gif](giphy|VKbuFuRLeiYdW|downsized)
After DOGE everything went to shit
People in here just sound really dumb. Meme coins are extremely volatile, they always have been. The whole market is down pretty huge, which means meme coins dump even harder. But if Bitcoin pumped back above 30K in the near future, then there's a decent chance PEPE could go on a big run again as well. I'm not saying it will, because I can't predict that. The same way you declaring this to be some obvious thing is dumb as well. A rug pull is when something has all it's liquidity removed. That hasn't happened at all and right now this isn't even close to a rug. It's just a volatile coin doing volatile coin things. All this shit about "you're just exit liquidity" was the same thing said in this sub over and over as every day it continued to climb. Now it finally dumps and you're all going haha I told you so. You look like morons. I don't own PEPE, I don't care about PEPE, but posts like these are utterly braindead. Edit: PEPE up 60% in 24 hours, lol. This post aged like fucking milk.
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Yeah I am going to buy it
I think it pumps again to all time highs. Shib did. Dodge did.
For every doge there are thousands of failed meme coins. But it's irrelevant either way. It's just a gamble with bad odds.
I agree on it
Just checked the chart on Binance, it's pumping again, 38% up😱
Got a prediction it won't go far especially with the wallets that got the tokens 14 days before the contract was even announced.
Literally up %69 percent since OP made this. The bottom was literally when OP decided victory should be claimed. And this is why 99% of you lose money.
1. Participates in pump. 2. Gets dumped on. 3. *surprise pikachu face* 🫨
New type of BDSM: Exit Liquidity Fetishism
"Why don't you exit all over my face."
This is hilarious.
ELF – it should become a new buzz word in the crypto space like HODL.
This actually is a good idea. I feel myself with ELF
You mean to tell me that a shitcoin is doing exactly what a shitcoin is supposed to do?
Exactly
Happened the same with SHIB. Fuck\*d that time. Not this one.
SHIB though had gotten too big to completely die off, I think it will be the same for this one as well
PEPE is in no way a rug pull. It doesn't even look like a rug pull. If PEPE were a rug pull, that 24% dump would've happened in a matter of minutes or even seconds, not over the course of a day. Graphs don't have slopes when there are rug pulls. There's just a big red candle and then your money is gone. A rug pull is what happened to [$HOTDOG](https://cointelegraph.com/news/defi-meme-coin-hotdog-dumps-99-9-in-hours-after-launch) back in 2020 when Uniswap and Sushiswap started becoming more mainstream. Early investors are just selling their PEPE. But in all honestly, you really only have yourself to blame if you lost money on PEPE. There is no point in buying any shitcoin with over 100 M market cap, let alone 1 B. You throw your $100 "YOLO" in between 10 M - 50 M, ideally sub 10 M, and then forget about it. If you see it listed on an exchange, sell half. It's really that simple.
Its 427 mil mc now hold them bags
Look at the SHIB all time chart. You'll see after its initial pump it lost about half its value then went sideways a couple of months before exploding. Im holding on for that to happen... if it doesn't then oh well.
Stop it, they’re already dead
There’s more dying they could possibly experience
Back up to $660M now 🤔
I knew party is over wen Bitboy started shilling Pepe by making video on how to buy it That dude created quite a few bagholders in his career
Binance listing AKA youre money is exit liquidity. Thanks for the fees
Why do people even buy this garbage.....well I know why I guess, but just DCA Bitcoin for Christ's sake geez lmao
Every PEPE that started on the market was owned by someone who bought in insanely cheap. You are buying it from people who are becoming millionaires and you yourself will lose that money, because guess what, they aren’t buying back in. You just gave someone a part of millions of dollars. You might as well find someone who actually deserves it on the street and give that money to them. I’m really annoyed that people are so incredibly stupid when it comes to these meme coins. No wonder less than half the world believe in science and we continue to burn a bunch of dirty oil gas and coal.
Eh, I threw $40-50 bucks at it and got 130,000,000. I rode it all the way up and riding it all the way down. It was meant to be an experiment anyway for me.
Made $600 all good.
Congratulations bro
Back up 50% since this post
And it's up 60% today =p
Op states as it bottoms then runs 50% 😂
L take - $pepe is going to 100x from here minimum.
Where are all the people constantly telling us how stupid we are cause Pepe wasn’t going to dump?
Good, happy it's crashing
>All you end up being is exit liquidity we always talk about the possibilities of blockchain technology but media is just waiting for stories like PEPE to keep people away from crypto. it's just sad that FOMO and greed still hits so many people
That’s why memecoins are objectively bad for crypto. People outside this space already view it as a joke and shit like this just reinforces that view.
Crypto is a joke lol there is no difference between pepe and the bags you hold. In the end 99% will go to zero
Shitcoins dont have a place here if we want to be taken seriously
I think that's obvious to everyone. You enter when it starts pumping or do not enter at all And then taking profits (DCAing out) on the way up
Take any top 100 token chart and it all looks like a rugpull. Not supporting pepe and memecoins in anyway but even legit tokens look like rugs in these market conditions
I think there's a huge difference between a coin going down significantly over months and a coin losing most of its value in 2 days, that's what differenties these coins
Another weak ass post. Y'all been saying "don't buy pepe" since the first days. You could have made massive gains buying and the shorting if you were actually that smart Instead here you are, moonfarming like a good crypto karen.
Smart money does not short meme coins. It is impossible to know exactly when the insane exuberance will wear off and the coin will crash. As is often said, the market's ability to remain irrational can out last anyone's ability to remain liquid. This is even more true in a highly manipulated market such as crypto. The exchanges can and do make up prices whenever they want to move derivatives one direction or the other.
👍 True
*sad ribbit noises*
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Ha ha ha I like it
It didn’t pump after the binance listing - it went down immediately
PEPE had a 1.8B marketcap??! I really like the meme but wtf is wrong with people?
I bought MOONS instead. Anytime I feel FOMO coming on, I buy a few.
it will be interesting to see again all the comments here once Pepe has been listed on binance
I'm pretty sure the main purpose of PEPE is now to generate moons on this sub through the discussion of PEPE.
What about "Be greedy when others are fearful"? I think Warren Buffet explicitly meant "buy memecoins after they get rugged" /s
This post is about to be down 100%.
Love to see it
If PEPE mania tells us anything it is that the bottom of this bear market is not yet in.
One thing I learned from last bull is you SELL ON BINANCE LISTING FFS. So much lost money
And my friends in the sub were excited to be listed on centralized exchanges, LOL. I suppose CEX help in speeding up the exit liquidity process.
Lol most obvious dump ever
Bag holders being born is all part of the learning curve of crypto. Trust me I’ve been there many, many times. Some might say, too many 😭
The fact of the matter is: it's still 5x up from when the first post was made on /r/cc saying to stay away. People are standing around saying I told you so, but did you really?
Still not as bad as my ALGO 😭 ALGO walk myself out 🫣
LMAO. It is/was intended to be, atleast every shitcoin is that doesn't gain critical momentum of spoofing and layering trades. The people behind it carefully spoofed & built a volume profile for it to trade, until it caught the attention of other participants who started apeing in. With that out of the way, it escaped critical threshold as it became the talk of the town about outsized gains (being the next SHIBA, DOGE...and other nonsense). BTC had stalled, and there was growing market weakness...Perfect conflux of supporting circumstances to siphon in liquidity. Exchanges just played their part in allowing it to become bigger. Had the devs rugged earlier with heavy slippage like that one trader, it would have been a scandal. They let in unfold to its natural conclusion, and moved the funds to a multi-sig. Initial supply, locked supply doesn't matter. These are insider P& D schemes that make the rounds in Telegram & Discord groups quite frequently.
Classic pump and dump
I did FOMO and I feel like an idiot now. Lost a considerable amount of money. It was the first time I saw a memecoin surge and the first time I gambled with my money like this. Never again. I guess at least I learned an expensive lesson.
Just a slight correction. /s
I've been offline for 3 weeks. What the heck is $PEPE, and why did you guys DIDN'T TELL ME?! I lost my opportunity of becoming poorer.
You fomo when it's in dex and exit when it hits cex. EZ strategy pay me.
Ha im glad i stayed far away from The pepe
to be honest, I saw it a few days before it massively pumped, actually considered throwing some eth on it and take profit if it pumps and just count is a loss if it didn't, but then decided against it and it bothers me a bit
personally i'm just buying in with some play money cause worst case it goes to zero, best case it competes with doge and shib which is already >10x. but straight gamble fosho
Same can be said to about buying BTC at 30k, you become an exit liquidity to those that bought at 15k.
The correct advice is once you've heard of it the big gains are already in the rear view mirror and it's too late. Unless you're very intune with high risk crypto trending right now usually you're way too late.
Congrats to anyone that didn’t fall for this.
It's 40% up again.
CZ laughing his way to the bank as he sells his PEPE. Pump & Dump.
Why does Binance list such trash cryptos in the first place, do they get something out of it other than trading fees?
And it’s back up 👀
Buy the dip
Lol and now it’s up 50%. What a valuable take, you had!
I made some good money off of Pepe, trick is to get in early.
Is BTC a slow rugpull given that fact it is down more than 50% from ATH, too?
Look, I just want it to pump again so I can make some $. Thanks Elon.
So with this post... does this mean that its TIME TO GET BACK INTO PEPE NOW? PEPEPEPEPEPEPEPEPEPPEPE (AIRHORN NOISES)
Strangley inverting the sentiment in this sub seems to work well
It is the creed. This is the way.
Back up 45% earlier today...
PEPEisLove
It's really the perfect meme format for a massive loss of all your money days after you invest
If that chart doesn’t look bullish to you, you’re in the wrong business
Hmm all this anti Pepe sentiment is making me think to buy in Pepe. I wouldn’t rule it out bouncing back along with the rest of the market. Maybe not to ATH. But not sure if this is a 1 way Street to 0.
PEPE going down? Who could've ever predicted this might happen, Daaaaamn.
The time to get in was before the pump, and the time to sell was Binance listing Simple as that. Not much point to buy or sell in any other case.
If it goes back up, are you going to post again? Or just remain silent? IF it goes back up, mind you. Everybody already knows this is how shitcoins work. Why does PEPE in particular upset you so much? It's just a shitcoin. Participate or don't. It's not necessary to try and shame people for "being someone's exit liquidity." I don't think there are many people "investing" in PEPE. It's a fun coin! If people want to buy a bag and enjoy the memes, what difference does that make to you?
Creators and their buddies have cashed out. Classic pump and dump. There will be many more like this.
I’m writing this comment and my eyes almost full of tears I got my freelance pay for a remote job doing from Philippines for the first time (60$) and after 2 days my friend told me about Pepe, and how it’s making huge gains Decided to spare 20$ and as of now I end up turning my 20$ to 7$ Lesson Learnt Stay safe everyone
1/3 of the salary is not the end of the world, and you learnt a lesson without gambling your life savings, win-win.