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<p>PEPE meme coin hit an all-time high lately with a market capitalization exceeding $7 billion, marking a milestone in the crypto landscape as noted by crypto analyst Borovik in a <a href="https://x.com/3orovik/status/1796404651090448686" target="_blank" rel="noopener noreferrer nofollow">tweet</a>. This meme coin, initially overshadowed by the prevailing NFT craze, has garnered immense popularity and redirected the focus of NFT traders towards meme coins.&nbsp;</p>
<h2 class="wp-block-heading" id="strong-pepe-price-analysis-strong"><strong>PEPE Price Analysis</strong></h2>
<p>Additionally, at press time, its price performance shows 8.33% increase in 24 hours and a 12.99% surge over the past week. The meme coin trades at <a href="https://www.coingecko.com/en/coins/pepe" target="_blank" rel="noopener noreferrer nofollow">$0.00001553</a> according to data from CoinGecko.</p>
<p>Sofia White, a notable voice in the crypto community, <a href="https://x.com/nftsofiawhite/status/1796476147833921539" target="_blank" rel="noopener noreferrer nofollow">regards PEPE</a> as “underrated” and anticipates a substantial market rally. Her views highlight the latent potential of PEPE, which despite its current achievements, remains poised for greater success.&nbsp;</p>
<p>Meanwhile, Nebraskangooner <a href="https://x.com/Nebraskangooner/status/1796280678755221831" target="_blank" rel="noopener noreferrer nofollow">emphasizes PEPE’s</a> pivotal role in the broader meme coin sector, suggesting that its market movements significantly influence other meme coins.</p>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/bonk-meme-coin-price-going-strong-up-watch-these-key-levels-as-it-gears-for-50-gain/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>BONK Meme Coin Price Going ‘Strong Up’ – Watch These Key Levels as It Gears for 50% Gain</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-market-sentiment-strong"><strong>Market Sentiment</strong></h2>
<p>Borovik, furthermore, describes $PEPE as <em>“the most important meme this cycle.”</em> He credits $PEPE with altering the trajectory of the crypto market by initiating a memecoin cycle amidst a dominant NFT market.&nbsp;</p>
<p>This shift signifies a transformation in trader behavior and underlines the evolving dynamics of crypto investment trends. Consequently, the community’s enthusiasm and strategic engagements with PEPE will shape its trajectory in upcoming cycles.</p>
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<h2 class="wp-block-heading" id="strong-pepe-s-role-in-shaping-crypto-trends-strong"><strong>PEPE’s Role in Shaping Crypto Trends</strong></h2>
<p>PEPE’s journey from a simple meme coin to a market leader exemplifies the dynamic nature of crypto markets. As PEPE influences both market trends and trader activities, it stands as a testament to the impact meme coins can have on financial landscapes.</p>
<p>Significantly, its role in redirecting the focus from NFTs to meme coins showcases its potential to drive market trends and investor interest in the future.</p>
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<p>The post <a href="https://captainaltcoin.com/expert-says-pepe-memecoin-is-the-most-important-meme-this-cycle-heres-why/" rel="noopener noreferrer nofollow">Expert Says PEPE Memecoin is ‘the Most Important Meme this Cycle’ – Here’s Why</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Expert Says PEPE Memecoin is ‘the Most Important Meme this Cycle’ – Here’s Why

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