The post PEPE Price Will Eventually Collapse Dropping To “ZERO” – Predicts Top Analyst appeared first on Coinpedia Fintech News
DonAlt, a pseudonymous trader has warned his Twitter followers that the memecoin Pepe (PEPE) – a Dogecoin and Shiba Inu rival – is headed towards a total collapse and will eventually be worth nothing.
Where does PEPE go next? pic.twitter.com/Gs137d95EN
— DonAlt (@CryptoDonAlt) May 11, 2023
DonAlt’s prediction comes after Pepe experienced a meteoric rise of 2400% in value in just a matter of weeks, only to plummet soon after. According to DonAlt’s chart, the memecoin’s value is likely to hit zero in three-to-five years, leaving investors with nothing to show for their initial investment.
Why PEPE Price Dumped after the rise?
Sharing similar sentiments others too believe meme coins like PEPE are just hype and will eventually drop to “zero” due to their inability to withstand global crises. Many also view them as a distraction from Bit
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