Pepe Coin

Pepe

<p>Pepe coin, one of the staple meme coins in the crypto market, is currently experiencing a significant decline, dropping 21% over the past seven days. This weakness is happening amid a broader market downturn, with <a href="https://insidebitcoins.com/cryptocurrency-price/bitcoin-price" rel="noopener noreferrer nofollow">Bitcoin</a> dropping below the $60,000 level.</p>
<p>Inspired by the iconic ‘Pepe the Frog’ character, $PEPE has quickly gained traction among a wide range of investors. This Ethereum-based meme coin has rapidly risen to become the third-largest in its category, with a market capitalization of approximately $3.3 billion.</p>
<p>Despite its early success, $PEPE has faced challenges as its price has come under considerable downward pressure. Although market sentiment remains cautious due to reduced retail interest, optimism persists for a potential rebound.</p>
<p><iframe title="PEPE COIN PRICE | PEPE COIN NEWS (Not Much TIME Left!!)" width="640" height="360" src="https://www.youtube.com/embed/bpRUNH9g_sI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<h2 id="pepe-crypto-price-prediction">$PEPE Crypto Price Prediction</h2>
<p>Pepe coin is now priced at $0.00000756, having fallen more than 55% from its peak. It has seen a 24-hour trading volume of $354.08 million and a slight increase of 0.58% in the past day. The 14-day relative strength index (RSI) for $PEPE is 43.34, suggesting a neutral position.</p>
<p>Despite a significant drop from its all-time high market cap of $7 billion, Pepe coin has room for growth, unlike other established meme coins like Doge and Shiba.</p>
<p><img decoding="async" class="alignnone size-full wp-image-571511" src="https://insidebitcoins.com/wp-content/uploads/2024/08/pepe-coin-7-days-price-graph.jpg" alt="Pepe Coin 7 Days Price Graph" width="1920" height="1080" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/pepe-coin-7-days-price-graph.jpg 1920w, https://insidebitcoins.com/wp-content/uploads/2024/08/pepe-coin-7-days-price-graph-300x169.jpg 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/pepe-coin-7-days-price-graph-1024x576.jpg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/pepe-coin-7-days-price-graph-768x432.jpg 768w, https://insidebitcoins.com/wp-content/uploads/2024/08/pepe-coin-7-days-price-graph-1536x864.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px"></p>
<p>The possibility of a 2x to 3x return is realistic if market conditions improve, particularly with the historically bullish month of October approaching. However, if $PEPE fails to hold its current support levels, it could lead to further declines.</p>
<p>For a thorough forecast of Pepe coin’s price movements, watch the video above and follow his <a href="https://www.youtube.com/@JacobCryptoBury" rel="noopener noreferrer nofollow">YouTube channel</a>. Additionally, join the Jacob Crypto Bury <a href="https://insidebitcoins.com/visit/jacob-crypto-bury-discord" rel="noopener noreferrer nofollow">Discord server</a> for trading tips and the latest news on <a href="https://insidebitcoins.com/buy-cryptocurrency/new-upcoming-icos" rel="noopener noreferrer nofollow">upcoming crypto presales.</a></p>
<h2 id="whale-activity-surges-as-major-investors-accumulate-pepe-amid-market-challenges">Whale Activity Surges as Major Investors Accumulate $PEPE Amid Market Challenges</h2>
<p>Despite recent declines in profitability and a tough market environment, significant whale activity has been noted, indicating large investors are buying Pepe coins at lower prices.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">A wallet related to <a href="https://twitter.com/hashtag/Ceffu?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Ceffu</a> withdrew 1.48T <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a>($11.6M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> just now.<a href="https://t.co/H9anq20RUY" rel="noopener noreferrer nofollow">https://t.co/H9anq20RUY</a> <a href="https://t.co/TTq3BVtVoo" rel="noopener noreferrer nofollow">pic.twitter.com/TTq3BVtVoo</a></p>
 <p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1829071475934146789?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 29, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Lookonchain reported that an address linked to Ceffu acquired 1.48 trillion $PEPE worth over $11.6 million from <a href="https://insidebitcoins.com/visit/binance" rel="noopener noreferrer nofollow">Binance.</a> Additionally, another whale, who previously earned $1.77 million from $PEPE, spent $1.34 million in $USDC to purchase more Pepe coins.</p>
<p>This activity underscores rising interest in $PEPE from institutional investors preparing for a potential <a href="https://insidebitcoins.com/buy-cryptocurrency/best-altcoins" rel="noopener noreferrer nofollow">altcoin</a> season and reflects ongoing enthusiasm among experienced traders despite the cautious broader market.</p>
<h3 id="related">Related</h3>
<ul>
 <li><a href="https://insidebitcoins.com/news/can-pepe-coin-recover-or-are-these-three-low-cap-meme-coins-top-contenders-for-the-next-rally" rel="noopener noreferrer nofollow">Can Pepe Coin Recover, or Are These Three Low-Cap Meme Coins Top Contenders for the Next Rally?</a></li>
 <li><a href="https://insidebitcoins.com/news/5-best-meme-coins-with-10x-potential-to-watch-in-september-2024-pepe-t1500-pepu-bonk-brett" rel="noopener noreferrer nofollow">5 Best Meme Coins With 10X Potential to Watch in September 2024 – $PEPE, $T1500, $PEPU, $BONK, $BRETT</a></li>
 <li><a href="https://insidebitcoins.com/news/5-best-altcoins-to-grab-before-uptober-crypto-pump-op-eth-w-pepe-pyth" rel="noopener noreferrer nofollow">5 Best Altcoins to Grab Before Uptober Crypto Pump – $OP, $ETH, $W, $PEPE, $PYTH</a></li>
 <li><a href="https://insidebitcoins.com/news/dogecoin-price-prediction-as-elon-musk-wins-258-billion-doge-pyramid-scheme-yet-pepe-offshoot-steals-spotlight-with-11m-funding-raise" rel="noopener noreferrer nofollow">Dogecoin Price Prediction: Elon Musk Wins $258B DOGE Lawsuit As Layer-2 Meme Coin Pepe Unchained Raises Over $11M</a></li>
</ul>

Pepe Coin Price Prediction – Will October Trigger a Bullish Breakout for $PEPE?

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