Once a promising cryptocurrency, PeiPei now faces tough times. Recently, its market capitalization fell by 65%, raising concerns about the project's future.
Sharp Drop in PeiPei Capitalization
PeiPei lost about 65% of its capitalization over the past month, dropping from an initial $40-$50 million to $14.76 million, questioning the project's viability.
Internal Issues of the Project
One of PeiPei's main problems is the lack of a coherent communication strategy. The official X account rarely posts updates, indicating insufficient community support.
Wall Street Pepe: A New Alternative
Unlike PeiPei, Wall Street Pepe is attracting considerable investor interest during the presale stage. The project has already raised $69 million, reflecting confidence in its potential.
PeiPei's continued decline raises investor concerns, while Wall Street Pepe is on an upward trajectory. If PeiPei doesn't change its strategy, further decline may follow.
