🚨 $PePe burn announced — +15% in 24h, and I’m not sure what to think

Saw this morning on CoinMarketCap that PEPE was among the top trending coins.

From what I understand, the team announced a burn of 500 billion tokens last night.

(I’m still a beginner, so if I got the numbers wrong, feel free to correct me in the comments 😅)

What I know:

Burn = less supply = potentially higher price

But a +15% move overnight... is it already priced in?

What I’m doing: I’m waiting. No FOMO. If it retests $0.000013 as support, I might put in a small position. Otherwise, I’ll just watch from the sidelines.

What about you? Are you buying now or waiting for a pullback? 👇

PEPE

0.0₅266

-2.20%