Pep Bay has been facing significant challenges recently as its price continues to fall. In addition, recent data has shown that investors are selling their PE Holdings, adding to the misery. On September 11th, three wallets sold a total of 1.38 trillion PE tokens for other tokens. Furthermore, Pep Bay suffered a major rug pull on August 25th, with 16 trillion P tokens worth $15 million flooding crypto exchanges. The team blamed rogue players for this disaster.
On the other hand, PP has become one of the most popular meme coins in recent days, surprising investors with its performance. It poses a threat to players like Shbu and Dogecoin and could potentially reach a $1 million market cap soon. Chad GE PT also provided interesting insights into the future of PE, highlighting the complex interplay of factors such as technology adoption, community support, use cases, and market sentiment.
Despite its popularity, PE’s price has fallen by 15% over the last 7 days and is currently trading at 0.00000000678 billion. Chart indicators suggest further bearish price movement. However, the AI bot Chad GPT couldn’t provide a timeline for PE reaching $1. In comparison, Dogecoin and Shibu Inu have maintained their prices, with Dogecoin trading at 62.14 cents and Shibu Inu falling by more than 3%.
In the battle of meme coins, PE has the potential to leapfrog its competitors, but the future remains uncertain.