Why Do Traders Choose Pepe as a Trading Pair?

[Suba]

Pepe is a memecoin based on the Ethereum network and is highly popular among traders as a trading pair, usually paired with USDT/USDC or USD.
Furthermore, Pepe Coin also has a strong community on various social media platforms. To date, Pepe Coin has demonstrated its strength, with a trading volume surge of around 290%, despite the current price decline.

Pepe Coin's high energy makes it a favorite choice for speculative traders seeking fast movements and large rallies. There are several reasons why Pepe Coin is a top choice for traders, including:
Pepe Coin's popularity consistently triggers price rallies.
High liquidity.
Positive market sentiment.
High volatility provides significant profit opportunities.
Sharp technical price movements.

 

[gwolf666]

No serious trader chooses Pepe to trade. You might have seen some snake oil salesman talking about Memecoin who says it's a good idea, but very rarely does anyone actually trade that piece of crap Memecoin. Real traders trade major cryptocurrencies or commodity or stock derivatives, like XAUTUSDT, for example. But no real, genuine trader would trade Pepe knowing it's a piece of crap Memecoin with massive manipulation. Let's say that because it's so cheap you can make more money than trading a serious cryptocurrency, but the problem, as I said, is that it's heavily manipulated. Just as it can make you gain explosive profits, it can also make you lose explosive profits, since it doesn't follow technical or institutional analysis well.