Pepe still has no utility, know the function, this meme is arguably the biggest troll that is been created. I don't even know what is considered to be a meme coin, it could be just called a troll coin because right now even within their website, they just stated that Pepe is tired of watching everyone play hot potato. My thought on this is that you should be careful any time you hear about meme coins and you hear articles and headlines that they are pumping. Usually, by the time you hear that piece of news right there, it is taken last for you. On the other side, when you hear headlines and haven't gone mainstream, there might be a could of days more days in between that moment. But for all the cryptocurrencies I have seen, all the meme coins that have all popped off eventually, they come back down.
At this point, you are gambling money, you are playing with fire. If you're planning to enter this cryptocurrency market, do it quickly, and do not put money you can't afford to lose. Whether the markets pull down in quarter 3 or even quarter 4 if it takes longer than that, it takes quarter 1 of 2014. I still believe that we are due for some rest for some type of smaller reset, what we are going through could be a bull trap. Hopefully, I am wrong because I know a lot of people are holding the position but there are always different ways that you can ride out the market. If you have the intention of playing crypto to the end, now on this short-term volatility is going to matter.