Pepe (PEPE) Price Surges Over 17% as the Crypto Market Recovers

The Pepe price has surged over 17% as the crypto market recovers, breaking out of a long-term falling wedge pattern and reaching $0.0000072.

The cryptocurrency market is slowly picking up after a sharp drop earlier this week. As U.S. inflation came in higher than expected at 2.8%, putting pressure on the Fed to keep rates elevated, traders are showing some caution. However, this also sparked a rally in the market, with meme coin Pepe (PEPE) seeing its price surge by over 17%.

On the other hand, Aptos (APT) price predictions remain weak, with the coin facing bearish pressure and a 19.29% decline in the past month.

But in a completely different league from these altcoins, BlockDAG (BDAG) is set to boost its ecosystem expansion with a $30 million grant program! This initiative will support the development of top-tier Ethereum-compatible dApps, promoting Web3 adoption and innovation. With the presale already at $205 million, experts believe that BlockDAG is on its way to hitting its $600 million target sooner than anticipated.

Pepe Price Eyes $0.00001 as Market Recovery Picks Up

The cryptocurrency market is slowly recovering after a sharp drop earlier this week. This is partly due to U.S. inflation coming in higher than expected at 2.8%, putting pressure on the Fed to keep rates elevated. However, this also sparked a rally in the market, with meme coin Pepe (PEPE) seeing its price surge by over 17% recently.

One analyst has set his sights on a potential 103% upside for PEPE in 2024, with the next major resistance levels for the PEPE price lying between $0.0000090 and $0.000010. A move beyond that could lead to a target of $0.0