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Investors Spend Over $1 Million
on BAYC Only to dump it into PEPE

It’s Time to Stop Chasing Fads

Now that the Meme Coin has retraced more than 64 percent from its ATH, it is hard not to laugh or at least jiggle at the face-slapping reality. There’s always a new fad just around the corner. Investors are constantly looking for the next big thing, from Dogecoin to frogs.

And the latest craze is none other than $PEPE. The meme coin keeps generating headlines and now laughs (Perhaps a few tears). Just over the weekend, Fourteen BAYC NFTs were sold below the floor price to FOMO in the newest Shit Coin.

 

The sellers immediately invested the $1,276,800 they received into $PEPE. It’s almost laughable how investors continue to chase fads only to invest in something worth less than the pixels it’s made of.

We’ve all been there, scrolling through social media and seeing others make big bucks on the latest trend, and we can’t help but feel like we’re missing out. Perhaps. By recognizing the absurdity of these situations, we can learn to let go of our fear of missing out and make more rational investment decisions.

Ultimately, it’s important to keep things in perspective and not take ourselves too seriously when investing in crypto or anything else. After all, there will always be another fad just around the corner.

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Mario Estrella

Mario Estrella

Mario Estrella is a seasoned journalist and digital marketing professional at exxeo.report, specializing in technology-related news. With over two decades of experience in the field, he brings a rich history of working in diverse media outlets and advertising agencies. Notably, he has been instrumental in driving significant growth in online presence and readership in his past roles​. At exxeo.report, Mario leverages his extensive experience and deep understanding of the digital landscape to deliver engaging and insightful technology news to the audience.
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