In this article, we’ll discuss PEPE coin and everything you need to know about this MEME coin gone bonkers. Providing one of the fastest returns on investments for any project launched without a presale in the history of crypto. PEPE came from nowhere and, within a few weeks, made its way into the top 50 cryptos. This week we will look at where PEPE came from, how much PEPE went up, why I bought PEPE and much more. After spendings the past few weeks immersed in the PEPE community, I’ve learned a lot. Now it’s time to share my experience with you.
In case you didn’t already know, I’m not a huge fan of MEME coins or shitcoins. I’ve stuck to my guns for years and learned early in my crypto career not to chase the carrot. Like many others, I take this whole crypto thing very seriously (maybe too seriously at times). I sat on the sidelines throughout the DOGE and SHIB craze. Learn more in my DOGE Vs. Shiba Review. However, unlike many in my camp, I never wished anything bad to happen with either coin. Instead, I view them as experiments in the psychological effects of investing. Being careful not to ridicule anyone who owned MEME coins publicly. But something happened a couple of years ago that changed my view of these coins forever. A realization that brought me to invest in PEPE coin. Not a significant investment, a couple hundred dollars, but still far more than I had invested in any other MEME coins.
Why I Bought PEPE
My reason for putting my guns down and chasing the PEPE carrot stemmed from my conversation with my Uber driver when I attended a Bitcoin conference in Miami. The conversation about cryptocurrency came up on our way to the convention. I asked my driver what he knew about Bitcoin, and he replied that he knew nothing about it besides being a cryptocurrency. Naturally, I headed into my elevator pitch on why Bitcoin is the best money we’ve ever had, how ledger technology works, and all the main talking points for What is Bitcoin. At the end of this, the driver mentions that he and his father have been buying some crypto called Shiba Inu. I tell him MEME coins are fun but not a great long-term investment. Certainly not better than Bitcoin. He politely disagrees, the ride ends, and I tip him in Bitcoin through the CryptoDotCom app.
When Shiba Inu hysteria ensued four months later, I thought about that conversion and wanted to know how much SHIB was when we had it. When I had that conversation was the second best time to buy SHIB, and my driver had made almost a 5,000% return on investment. While in that same time period, Bitcoin had only gone up 50%. This made me think differently about MEME coins and how they affected so many average people’s lives. People who know nothing about Bitcoin and might never want to. After all, we’re all here to make money and have more options to live our lives. So after the first week of PEPE and a few hundred percent gains for early holders. I decided to pay closer attention this time. After a day of watching the PEPE market, I saw that this fire was only getting bigger and decided to grab a small bag with what I could afford to lose. But, probably the biggest factor in this decision is that experiments are fun. Like many others in the market, I felt the air of stagnation for the past couple of years.
How PEPE…
Jesse is a passionate seeker of truth who enjoys educating others about Bitcoin.
As a free thinker and 2nd amendment advocate, Jesse believes each individual has the right to monetary freedom.
“The swarm is headed towards us” -Satoshi Nakamoto
