$PEPE Not Truly Exploding Yet – But Could Be the Final Card of the Meme Market

Currently, $PEPE still hasn't had a proper "kick-off." The core reason isn't due to a lack of story or community, but simply because the "vehicle is too heavy." With a large market cap, a huge number of holders, and funds that have previously participated strongly, $PEPE needs a sufficiently strong push from the market to break out.
Considering all the factors that make up a leading meme coin – from IP, brand recognition, community enthusiasm, to financial backing – $PEPE still belongs to the "top tier." Therefore, when many people start losing faith at this moment, it sometimes opens up an opposite opportunity. In the crypto market, sharp increases often occur when the majority no longer have expectations.
In reality, each significant rebound of the altcoin market has almost never been absent of $PEPE . It’s not the first coin to rise, but usually the name that creates a ripple effect when speculative funds return to the meme group.
However, it’s also important to recognize one key point: if $PEPE truly enters a "rebound" phase, with a strong recovery after being left behind, it could very well be the final stage of a euphoric cycle. According to the logic of previous cycles, when the leading meme coin explodes the most, the altcoin market as a whole usually has already advanced quite far in its upward trend.
Therefore, ( might not be the opening shot, but rather a "doomsday war machine" – appearing at the end to push market sentiment to its peak. At that point, opportunities still exist, but the overall risk for altcoins will also increase significantly.