What significance does 'pepon' hold in the realm of cryptocurrency?

3 answers

• Dec 17, 2021 · 3 years ago
  Pepon is a term used in the cryptocurrency community to refer to a small increase in the price of a digital asset. It is often used to describe a minor price movement that is not considered significant in the overall market. For example, if the price of Bitcoin increases by a few dollars, it may be referred to as a pepon. While pepons may not have a major impact on the market, they can still be of interest to traders who are looking for short-term opportunities to profit from small price movements.
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• Dec 17, 2021 · 3 years ago
  Pepon is just a slang term used by some traders in the cryptocurrency world. It doesn't have any specific technical or fundamental meaning. It's more like a way for traders to talk about small price movements without using technical jargon. So, if you hear someone talking about pepon in the context of cryptocurrency, they're probably just referring to a small price increase or decrease.
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• Dec 17, 2021 · 3 years ago
  Pepon, also known as a 'pump', is a term used by some traders to describe a coordinated effort to artificially increase the price of a cryptocurrency. This is typically done by a group of traders who buy a large amount of a specific cryptocurrency at the same time, causing the price to spike. The goal of a pepon is to create a sense of FOMO (fear of missing out) among other traders, who then rush to buy the cryptocurrency, further driving up the price. However, it's important to note that pepons are often considered manipulative and can be illegal in some jurisdictions. It's always important to do your own research and exercise caution when participating in the cryptocurrency market.
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