Pepe Coin

Pepe

PEPE or Pepe Coin is moving up like a rocket to the moon as the PEPE price has doubled to the value it had two weeks ago. In these two weeks, the PEPE price has formed three peaks, one higher than the previous, creating multiple new all-time high records. This is the first time PEPE has surged this much, creating a distinct hype around it. So, is it the end, or this meme coin can rise any higher?
<h2 id="analyzing-the-pepe-price-performance">Analyzing The PEPE Price Performance</h2>
At the time of writing, the <a href="https://coingape.com/price/pepe-coin/" rel="noopener noreferrer nofollow">PEPE price</a> is at $0.00001498 and is moving away from its newest all-time high record of $0.00001577, created just a few hours ago after breaking the previous all-time high record of $0.00001515, set yesterday. PEPE is not any <a href="https://coingape.com/top-dog-themed-memecoins/" rel="noopener noreferrer nofollow">Dog-based meme coin</a> but a frog-inspired cryptocurrency launched last year to create profits for its holders.
<a rel="noopener noreferrer nofollow" href="https://coinmarketcap.com/currencies/pepe/"><img decoding="async" src="https://coingape.com/wp-content/uploads/2024/05/image-87.png" alt="PEPE Price Analysis" width="642" height="393"></a>
PEPE proved its reason for existence by setting a&nbsp;huge&nbsp;peak right after its launch, then another one at the start of the year, and three more in May only. Overall, PEPE has surged 26244% since its launch. Out of which, this month is responsible for 101% gains, and the last week is for 54% gains.
The improvements&nbsp;aren’t&nbsp;only its price as PEPE has moved to 20th position on CoinmarketCap for its <a href="https://coingape.com/glossary/market-capitalization/" rel="noopener noreferrer nofollow">market capitalization</a> of $6.3B. Moreover, the number of address holdings has also increased with raised demand.
<h3 id="will-pepe-price-surge-or-decline-next">Will PEPE Price Surge or Decline Next?</h3>
The market is still bullish for PEPE as the buying demand is much higher for PEPE. The <a href="https://coingape.com/glossary/rsi-relative-strength-index/" rel="noopener noreferrer nofollow">Relative strength index (RSI)</a> indicates the overbuying zone fueling its rice rally with constant gains. Moreover, the technical indicators, including <a href="https://coingape.com/glossary/macd-moving-average-convergence-divergnece/" rel="noopener noreferrer nofollow">MACD</a> and the historic volatility index, display a bullish trend.
Up to now, PEPE price has revealed short-term&nbsp;as well as long-term growth potential. The value can increase multiple folds with the upcoming post-halving rally and the <a href="https://coingape.com/trending/4-altcoins-to-buy-before-altcoin-season-starts/" rel="noopener noreferrer nofollow">altcoin season</a>. Many analysts have claimed to see the PEPE price surge at least 10 -15 times this year to reach the target of $0.0002 by 2025.
The investors are also calling for PEPE, but the expectation is higher than ever.
<blockquote class="twitter-tweet">
 I’ve been waiting patiently, confident that <a rel="noopener noreferrer nofollow" href="https://twitter.com/search?q=%24pepe&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$pepe</a> would grow and reach at least $30B. But I was wrong—$pepe can go even higher. Now, $69B doesn’t seem out of reach.
 I know, I’m a dreamer, but I’m not the only one!
 Buy <a rel="noopener noreferrer nofollow" href="https://twitter.com/search?q=%24pepe&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$pepe</a> and make your dreams come true. <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f49a.png" alt="💚" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f438.png" alt="🐸" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a rel="noopener noreferrer nofollow" href="https://t.co/QvxnfWsC1T">pic.twitter.com/QvxnfWsC1T</a>
 — Pebre.eth (@P3bR3) <a rel="noopener noreferrer nofollow" href="https://twitter.com/P3bR3/status/1794344802903093582?ref_src=twsrc%5Etfw">May 25, 2024</a>
</blockquote>
<h2 id="final-thought">Final Thought</h2>
PEPE price growth this year is the highest among any other cryptocurrency. It even has left behind Bitcoin, which has surged to above $70K, aiming for its all-time target of $73,750.07. With the fear of PEPE repeating its last&nbsp;year’s&nbsp;history, the investors are still bullish on PEPE and are buying more even at this high price. It must see how PEPE can mold its image in the crypto market in a few days and weeks.
Read More <a href="https://coingape.com/trending/4-meme-coins-to-buy-before-may-ends/" rel="noopener noreferrer nofollow">4 Meme Coins To Buy Before May Ends</a>
The post <a href="https://coingape.com/trending/can-pepe-price-surge-any-higher-technical-indicators-indicate-pullout/" rel="noopener noreferrer nofollow">Can PEPE Price Surge Any Higher? Technical Indicators Indicate Pullout?</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

Can PEPE Price Surge Any Higher? Technical Indicators Indicate Pullout?

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