Pepe Coin (PEPE), after its initial success in the meme coin market earlier this year, is now facing significant challenges. The coin has recently dropped another 11.54%, raising concerns among analysts and investors.
This decline has created a sense of scarcity within the crypto sphere, prompting market watchers to evaluate their current positions and strategies related to PEPE.
In light of these developments, analysts are suggesting Mpeppe as a potential alternative for balancing portfolios, aiming to mitigate risks associated with PEPE's volatility.
Source: bitcoinist.com ↗