Pepe meme token reaches record capitalization of $9.9 billion: what does this mean for the crypto market and rookie investors?
The Pepe meme token reached a record capitalization of $9.9 billion, reflecting the growing interest in meme assets in the cryptocurrency space. This development underscores the importance of strategic listings on major platforms and may stimulate further speculation.
For non-professional novice investors, this creates potential risks: excessive price fluctuations and increased volatility can lead to losses if approached incorrectly.
On the other hand, Pepe’s success demonstrates the potential for making quick money, which attracts new participants who are not always aware of the risks of cryptocurrency markets.