is Elon Musk Joining PEPE Army like Doge ?

Hello friends,

I am doing good, and I hope that you are having a good time with your near and dear ones.

These days in the crypto market PEPE is everywhere. So many people made money, but a lot of people have lost their money as well in this meme coin. We cannot deny the fact that this meme coin has got more attention from the community and because of this some people who were able to sell at the right time made money. First of all, I believe that investing in meme coins is highly risky and very few people make a good amount of money. It is more of a betting that we are doing to try if we are winning or losing. There is no fundamental value to this project, and it is created just for fun but because so many people entered all of a sudden that resulted in a price increase.

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Elon Musk has mentioned PEPE and because of this reason, the coin got pumped. Sometimes I think that how come people believe in a project without any use case and it is just because some celebrity is promoting it does not mean it has got some value. Probably some people are waiting for such media hype and invest in those coins which are highlighted by celebrities. We know that the Tesla founder is a highly popular personality across the world so whichever project he will talk about will be getting a lot of attention from the world.

Just imagine if he ever mentions hive then what value we are going to see, and it will be exciting for us. In my personal opinion, I can say that I do not like to invest in any meme project because it is not my thing and I prefer to stay away I am losing money-making opportunities rather than investing with the possibility of losing my hard-earned money.

Thank you

Posted Using LeoFinance Alpha