2024

PEPE

Pepe

<p>The post <a href="https://coinpedia.org/news/pepe-price-prediction-for-september-2024/" rel="noopener noreferrer nofollow">PEPE Price Prediction For September 2024</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Pepe (PEPE), the popular and third-biggest meme coin, looks poised to skyrocket as a fresh whale buys billions of tokens. On September 02, 2024, an on-chain analytic firm lookonchain made a post on X (previously Twitter) that a whale had purchased 292.97 billion tokens worth $2.17 million from Binance following the opening bell of the US stock market.</p>
<h2 class="wp-block-heading" id="h-whales-big-bet-on-pepe-nbsp"><strong>Whales’ Big Bet on PEPE&nbsp;</strong></h2>
<p>This significant PEPE purchase suggests a prime buying opportunity, as it occurred near a crucial support level of $0.0000071. Besides <a href="https://x.com/OnchainDataNerd/status/1830618805850042661" target="_blank" rel="noopener noreferrer nofollow">PEPE</a>, this whale had also made a substantial bet on Floki (FLOKI) and WorldCoin (WLD). According to data, the whale purchased over 4.28 billion FLOKI worth $511,500 and 2.273 million WLD tokens worth $391,000.</p>
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   <p lang="en" dir="ltr">Someone created a new wallet and withdrew 292.97B <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a>($2.17M) and 273,267 <a href="https://twitter.com/search?q=%24WLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WLD</a>($391K) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> in the past 20 minutes.<a href="https://t.co/6fN9VpX6TX" rel="noopener noreferrer nofollow">https://t.co/6fN9VpX6TX</a> <a href="https://t.co/1vvsjxP4oQ" rel="noopener noreferrer nofollow">pic.twitter.com/1vvsjxP4oQ</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1830616945999409452?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 2, 2024</a>
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<h2 class="wp-block-heading" id="h-pepe-price-prediction-for-september-nbsp"><strong>PEPE Price Prediction for September&nbsp;</strong></h2>
<p>According to expert technical analysis, PEPE looks bullish as is it at a crucial support level of $0.00000071, despite trading below the 200 Exponential Moving Average (EMA) on a daily time frame. Based on the historical price momentum, whenever PEPE comes to this level it typically experiences a massive upside rally of over 20%.</p>
<figure class="wp-block-image size-large"><a href="https://image.coinpedia.org/wp-content/uploads/2024/09/02224541/PEPEUSDT_2024-09-02_22-45-20.png" rel="noopener noreferrer nofollow"><img decoding="async" width="1024" height="449" src="https://image.coinpedia.org/wp-content/uploads/2024/09/02224541/PEPEUSDT_2024-09-02_22-45-20-1024x449.png" alt="" class="wp-image-346273" srcset="https://image.coinpedia.org/wp-content/uploads/2024/09/02224541/PEPEUSDT_2024-09-02_22-45-20-1024x449.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/09/02224541/PEPEUSDT_2024-09-02_22-45-20-300x131.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/09/02224541/PEPEUSDT_2024-09-02_22-45-20-768x336.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/09/02224541/PEPEUSDT_2024-09-02_22-45-20-1536x673.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/09/02224541/PEPEUSDT_2024-09-02_22-45-20-150x66.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/09/02224541/PEPEUSDT_2024-09-02_22-45-20.png 1824w" sizes="(max-width: 1024px) 100vw, 1024px"></a>
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<p>However, we might see some similar kind of price surge this time. If this happens, the PEPE price could soar by 20% to the $0.000009 level and even more. Meanwhile, its Relative Strength Index (RSI) is in oversold territory, indicating a potential trend reversal in the coming days.</p>
<h2 class="wp-block-heading" id="h-pepe-price-performance-nbsp"><strong>PEPE Price Performance&nbsp;</strong></h2>
<p>At press time, PEPE is trading near the $0.00000747 level and has experienced a modest 0.3% upside move in the last 24 hours. Meanwhile, its <a href="https://www.coinglass.com/currencies/PEPE" rel="noopener noreferrer nofollow">open interest</a> has dropped by 2% in the past hour, while up by 1.7% in the last 24 hours. This rise in open interest signals growing investors’ interest.</p>
<p>Based on the historical price performance, September is typically considered the worst month in terms of price momentum. However, the launch of both spot Bitcoin and Ethereum Exchange-Traded Funds in the United States could create some shifts this time.</p>

PEPE Price Prediction For September 2024

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