Recent reports show an unexpected surge in the deposit of meme coin PEPE into various cryptocurrency exchanges. In just 24 hours, 33T PEPE valued at $46.37M, has flooded the market and contributed a net gain of $22.94M from 1,176 addresses. While this indicates a potential sell-off, which could trigger an abrupt drop in the coin’s value, investors should take note of the chances of achieving substantial returns due to its volatile nature.

Meme coins, like PEPE, are subject to fluctuations which could result in both low and high profits. Trends in the market should be carefully tracked and preparing for significant increases and decreases in the cost of each asset is essential. As seen in the case of PEPE deposits, additional funds in the market may lead to an increased market supply, causing a dip in the asset’s prices.

Overall, while the meme coin market can be unpredictable, there are certain strategies that investors can use to maximize gains and minimize losses. Conducting research and understanding the factors that influence coin values can work in an investor’s favor. Keeping an eye out for influxes - like this one - can also help them make smart decisions in the market.



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