Looking at PEPE's data, it's clear that retail investors are buying the dip.
A trading volume of only $8.7 billion pushing up a $1 billion market cap, a 9:1 transaction value ratio, what does that indicate? Large funds are offloading, retail investors are chasing the rally.
True believers don't need 9 transactions to push up the market cap by $1, only FOMO traders who buy high and sell low do that.
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Looking at PEPE's data, it's clear that retail investors are buying the dip.
A trading volume of only $8.7 billion pushing up a $1 billion market cap, a 9:1 transaction value ratio, what does that indicate? Large funds are offloading, retail investors are chasing the rally.
True believers don't need 9 transactions to push up the market cap by $1, only FOMO traders who buy high and sell low do that.
The distribution phase is already very obvious.