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Cryptocurrency News Articles

PEPE Coin Price Prediction: Will the Meme Coin Set a New ATH?

Dec 06, 2024 at 06:00 am

The Pepe coin has become a hot topic in the cryptocurrency world. Binance.US and Coinbase, two big crypto exchanges, have listed Pepe coin crypto for exchanging. At the same time, whales have bought 337 million PEPE, worth $6.92 million. With the pepe price nearing its all-time high (ATH), many holders wonder if the coin will set a new record. Here’s the latest Pepe news, market updates, and a pepe price prediction based on these events.

PEPE Coin Price Prediction: Will the Meme Coin Set a New ATH?

The price of pepe coin has gone up 166.2% in the last 30 days. It now has a market cap of $9.14 billion, which shows how much people want it. With these listings, PEPE could see even more activity as holders take notice.

Whales have shown confidence in PEPE by buying 337 million tokens, valued at $6.92 million. When whales make large purchases, it often means they believe the price will rise. The pepe crypto price is currently $0.0000217, which is close to its ATH of $0.00002457.

Technical data supports this optimism. The RSI (Relative Strength Index) is at 62.47, showing strong momentum. The MACD (Moving Average Convergence Divergence) stands at 0.000001702, pointing to potential growth. Holders are watching resistance levels at $0.000028105 and $0.000036003. These are the next targets if the pepe coin price continues to rise. On the other hand, there is support at $0.000010015, which could help if the price drops.

The Pepe meme is a key reason behind the success of PEPE. The meme is popular across the internet and has a loyal following in the crypto community. This has helped drive interest in pepe coin crypto, especially on social media.

Memecoins like PEPE are unique. They attract both crypto fans and those drawn to their cultural value. While some argue memecoins are risky, PEPE’s performance shows how much demand there is for these tokens. The ongoing support from its community ensures PEPE stays relevant in the market.

Pepe Price Prediction: Is a New ATH Coming?

Market data and recent events suggest that a new ATH for PEPE is possible. The pepe price needs to break the resistance at $0.000028105 to aim for the next level of $0.000036003. The 10-day moving average is $0.000020491, which shows steady upward movement. The 50-day moving average is $0.000014861, highlighting consistent growth over a longer period.

The whale purchases, exchange listings, and strong community engagement all point to continued growth. If these factors remain the same, the pepe crypto price prediction suggests that PEPE could reach new heights soon.

News source:thecryptobasic.com

Disclaimer:info@kdj.com

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Other articles published on Dec 27, 2024