Pepe Coin

Pepe

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 <p class="paragraph">In a recent turn of events, Pepe Coin (PEPE) has surged to a new all<a rel="noopener noreferrer nofollow" title="-time" href="https://thebittimes.com/tag/time.html">-time</a> high, marking a significant moment in the ongoing meme coin mania that’s back to shake the crypto world.</p>
 <p class="paragraph">The price of PEPE now sits at $0.00001031, showing a dramatic 91% increase over the last month and an astonishing 466% rise over the past year.</p>
 <p class="paragraph">PEPE’s price ascended to $0.00001128, according to the latest data from <em>CoinMarketCap</em>, amid a broader meme trading frenzy paralleled by a surge in stocks like GameStop (NYSE: GME), which almost doubled in price recently.&nbsp;</p>
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 <p class="paragraph">This rally appears closely tied to the activity of legendary meme-stock trader Roaring Kitty, known for his role in the GameStop short squeeze of 2021.&nbsp;</p>
 <p class="paragraph">Although he is not directly involved with PEPE, his return to social platforms has reinvigorated the meme asset market, significantly influencing PEPE’s trading volume and price.</p>
 <p class="paragraph">In just 24 hours, PEPE’s trading volume exploded by 300% to $2.6 billion, making it the 7th most traded crypto asset and surpassing even Dogecoin (DOGE) in terms of trading volume. The open interest in PEPE perpetual futures also saw a 25% increase, reaching $118 million.</p>
 <h2 class="wp-block-heading" id="h-technical-analysis-and-future-outlook">Technical analysis and future outlook</h2>
 <p class="paragraph">Technical indicators for PEPE are strongly bullish, with its 30-day average price outpacing its 200-day average and its Relative Strength Index (RSI) recently peaking above 80. Although it has seen a slight decline, the market’s momentum appears robust, supported by rising support and &nbsp;resistance levels.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="529" src="https://cdn.thebittimes.com/images/2024/05/15/0c098e0dbb7cd01b01eb83f5369df38b.webp" alt class="wp-image-175939" srcset="https://cdn.thebittimes.com/images/2024/05/15/0c098e0dbb7cd01b01eb83f5369df38b.webp 1024w, https://cdn.thebittimes.com/images/2024/05/15/0c098e0dbb7cd01b01eb83f5369df38b.webp 300w, https://cdn.thebittimes.com/images/2024/05/15/0c098e0dbb7cd01b01eb83f5369df38b.webp 768w, https://cdn.thebittimes.com/images/2024/05/15/0c098e0dbb7cd01b01eb83f5369df38b.webp 1301w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>PEPPE price action. Source: TradingView</em>
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 <p class="paragraph">Whale activity has been particularly notable, with significant purchases indicating strong confidence in PEPE’s potential for further gains.</p>
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   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">This guy spent 1.86M $USDC to buy 195B $PEPE 12 hours ago and has now made an unrealized profit of $236K.https://t.co/TSngBKN2yC pic.twitter.com/Oszxx3nIO2</p>— Lookonchain (@lookonchain) May 14, 2024
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 <p class="paragraph">This optimism is tempered by a cautionary note for investors, where the recent peak could lead to a minor correction. Despite a 4% drop in the past day, market sentiment remains overwhelmingly bullish, suggesting that after a brief dip, PEPE could climb.</p>
 <h2 class="wp-block-heading" id="pepe-price-prediction">Pepe price prediction</h2>
 <p class="paragraph">Currently, PEPE holds a market cap of $4.3 billion, ranking it as the 23rd largest cryptocurrency by market cap.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="518" src="https://cdn.thebittimes.com/images/2024/05/15/997f07c0ec99354e5dde11466fd9628f.webp" alt class="wp-image-175940" srcset="https://cdn.thebittimes.com/images/2024/05/15/997f07c0ec99354e5dde11466fd9628f.webp 1024w, https://cdn.thebittimes.com/images/2024/05/15/997f07c0ec99354e5dde11466fd9628f.webp 300w, https://cdn.thebittimes.com/images/2024/05/15/997f07c0ec99354e5dde11466fd9628f.webp 768w, https://cdn.thebittimes.com/images/2024/05/15/997f07c0ec99354e5dde11466fd9628f.webp 1299w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>PEPPE 1 month prediction. Source: CoinCodex</em>
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 <p class="paragraph">According to recent data from <em>CoinCodex</em>, Pepe Coin is projected to experience a significant surge in value. Experts <a rel="noopener noreferrer nofollow" title="predict" href="https://thebittimes.com/tag/predict.html">predict</a> a 235.49% increase in the cryptocurrency’s price, potentially reaching $0.00003646 by June 13, 2024.</p>
 <p class="paragraph">Current market <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> reveals a bullish sentiment, further supported by a Fear &amp; Greed Index score of 66, indicating prevailing market greed.</p>
 <p class="paragraph">Even though the current trends show strong market interest, it remains crucial for investors to stay informed and consider diverse perspectives before making investment decisions.</p>
 <p class="paragraph"><strong><em>Disclaimer</em></strong><strong><em>:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/price-prediction-for-pepe-amid-new-all-time-high-tbt88338.html">https://thebittimes.com/price-prediction-for-pepe-amid-new-all-time-high-tbt88338.html</a></p>

Price prediction for PEPE amid new all-time high

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