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Cryptocurrency News Articles
Pepe Set to Join Dogecoin, Shiba Inu As Multi-Billion Dollar Meme Coin By 2025: 'Massive Breakout' Coming Soon, Trader Predicts
Nov 28, 2024 at 06:01 am
Coinbase and Robinhood have invigorated bullish sentiment about Pepe, with traders calling for new all-time highs to come soon.
Coinbase and Robinhood have sparked bullish sentiment among traders, who are now anticipating new all-time highs for Pepe.
What Happened: Pepe, the popular meme coin, has seen a surge in interest following its listing on Coinbase and Robinhood.
Crypto trader MaxBecauseBTC highlighted Pepe's potential to emerge as a leading meme coin, joining the ranks of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) as multi-billion-dollar assets.
"Meme coins will die off fast, but the ones that do survive will be interesting. I can see Pepe standing out and becoming a meme coin that will last for a long time, maybe even joining the likes of DOGE and SHIB," the trader noted in a post on Benzinga Pro on Tuesday.
Highlighting the key factor that could propel Pepe to enduring success in the meme coin space, MaxBecauseBTC stated, "The community behind Pepe is very strong and passionate, which is something that is crucial for any cryptocurrency to succeed in the long run."
Don't Miss: If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019, here’s how much you’d have today.
Over the last five years, the price of gold has increased by approximately 83% — Investors like Bill O’Reilly and Rudy Giuliani are using this platform to create customized gold IRAs to help shield their savings from inflation and economic turbulence.
Pepe Price Action: According to IntoTheBlock data, large transaction volume increased by 187.3% over the last day, while daily active addresses decreased by 7.2%. Transactions greater than $100,000 remained relatively flat at 446.
Pepe is trading at $0.006 at the time of writing on Tuesday evening. The meme coin has a 24-hour trading volume of about $100,000. Pepe is now ranked 5144 among cryptocurrencies.
Community members celebrated Pepe's listing on Coinbase in mid-November. "Coinbase listing Pepe bullish. Get ready for the massive breakout," one member noted in a post on a Pepe community group.
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