Pepe Bull Questions Traders Selling Frog-Themed Memecoin: ‘They’ll FOMO Back In Higher Than They Sold’

A widely followed cryptocurrency trader highlighted the so-called “Cycle of Regret” phenomenon on Tuesday, in which traders selling Pepe (CRYPTO: PEPE) in the ongoing corrective phase will struggle to reenter the market at the right time. 

What happened: Chandler, a holder of PEPE themselves, predicted that 99% of the traders cashing out of the frog-themed meme coin won’t buy it back at a discount.

“They’ll panic, wait for a better entry, then freeze when it dips further. And in the end? They’ll FOMO back in higher than they sold,” the trader added.

Full story available on Benzinga.com