Looking back at the market trends over the past few years, there are always one or two coins that make people regret not getting in earlier. The explosive rises of DOGE in 2014, SHIB in 2021, and PEPE in 2023—each time, the same story repeats itself.

The current question is: Does PEPE still have a chance?

Many people want to sell when the K-line is at a high level, thinking the risk is too great. But if you zoom out to the monthly chart, you'll see that this wave of the market is actually only halfway through. Short-term fluctuations are inevitable, but the overall direction hasn't changed—it's key not to be scared by the daily noise.

Why is it this one? That question hits a bit close to home. To put it simply, the market just doesn't have as much ammunition anymore. The main market has limited gains, and mainstream coins have already absorbed most of the attention. Funds will naturally look for assets with the least resistance and the most compelling narratives. PEPE just happens to hit that point—it has become the current flow of capital's "exit."

From a technical perspective, whether it's support levels or breakout ranges, all indicate that this isn't a false rally. Altcoins generally can't sustain a correction, which further strengthens the ability of leading coins to attract capital. In this environment, story-driven tokens are often given higher imagination space.