According to reports, the "speculative dog" concept that has sparked heated discussions in the crypto world recently has seen its representative project PEPE experience a big dump. Data shows that the PEPE price fell over 97% from its high of $0.00000431 on May 5 to $0.00000012.



At the same time, the trading volume of PEPE has also seen a significant decline. On May 5, the daily trading volume reached as high as 2.4 billion USD, but it has now dropped to around 50 million USD.

The collapse of PEPE has triggered a chain reaction, with other "meme coin" projects like WOJAK, TURBO, etc. experiencing varying degrees of fall.

Some analyses suggest that projects like PEPE are essentially speculative behaviors, lacking practical application scenarios and value support. As market sentiment cools, it is difficult for such projects to maintain high positions.

However, there are also views that projects like PEPE still have certain investment opportunities, but investors need to carefully assess the risks.
PEPE5.28%
WOJAK3.68%
TURBO4.1%
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SybilSlayervip
· 13h ago
Laughing to death, the hype dog has turned into a dead dog.
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BridgeTrustFundvip
· 13h ago
In the crypto world, a year is like three days in the human realm.
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DataBartendervip
· 13h ago
pepe suckers play people for suckers completed, slipped away, slipped away
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