PEPE is down 24% today and 70% from the time of the Binance listing. The market is down from $1.8B to $500M to This is exactly why you don't FOMO, or else become exit liquidity

With certainty there have been many bagholders created this week. The pepe mania had been going on for a while. Then Binance revealed that they planned to list PEPE, and traders went ballistic. The price spike 110% in a few hours after the listing, and then began its rapid decent

PEPE is already down 24% in the 24 hours for today. It is down a further 70% from the Binance listing. Further the market cap dropped from 1.8 Billion to 500 Million.

​

https://preview.redd.it/y0l90cmcsdza1.png?327&format=png&auto=webp&s=0cffb74ea305704f6ca5bd1c57341a1af9899fb0

​

​

https://preview.redd.it/vdlagscgsdza1.png?830&format=png&auto=webp&s=f94a4fd36a52411f1fc598ffeb92236715ffc888

​

It is rather interesting how PEPE looks like a rugpull. I'm not saying it is, just commenting on the appearance.

But this is why you don't FOMO. All you end up being is exit liquidity. Everyone who got in early was simply waiting for an opportunity like this to dump on excited traders who FOMOed in. And all of a sudden, everyone who rushed to buy is suddenly down at least BIG. Even those who cut their losses early are down at least 10-15% because the price was dropping like a rock.

There were also apparently some sub users upset that the sub "prevented" them from participating in the big pump. You're quite free to do as you wish with whatever coin. This is just a showing, an practical example of what could happen if you do, or for some, did.