News
Pepe price predicted to rise 200%: when is it?
In the crypto-verse, meme coins and tokens have been making a lot of noise lately due to Solana’s recent blockchain activity, giving the tokens a much-needed energy boost. With Solana meme coins DogWifHat and Maneki charting their unique price paths, Ethereum’s Pepe is also leaving no stone unturned to rise to the top of the meme coin game.
According to CoinMarketCap, Pepê is up nearly 40% in the past month, trading at $0.000008386 at press time. See how Pepe will emerge in May 2024.
Read too: Pepe price prediction for mid-May: will a zero be dropped this month?
PEPE will increase 200%?
The meme coin frenzy remains renewed in the crypto community as several crypto enthusiasts continue to trade and interact with various meme tokens.
Per CoinCodex, PEPE’s intense trading activity could help the token reach new highs. The platform predicts that Pepe will increase almost 200% in May, trading at US$0.00002887 by the end of the month. The platform further contributes to the healthy appearance of PEPE’s technical indicators, with hands indicating the token’s trading dynamics in green.
“According to our current Pepe Coin price prediction, Pepe Coin price is expected to rise 229.06% and reach $0.00002887 on June 11, 2024. According to our technical indicators, the current sentiment is high, while the Fear and Greed Index is showing 56 (greed). Pepe Coin has recorded 18/30 (60%) green days with 17.78% price volatility over the last 30 days. Based on the Pepe Coin prediction, now is a good time to buy Pepe Coin.”
Likewise, Pepe’s immediate price prediction also looks promising. The token could rise nearly 40% by May 19, reaching a new price high in the process.
“The Pepe Coin price prediction for the next 30 days is a projection based on the positive and negative trends of the last 30 days. Based on these Pepe Coin projections, PEPE will change hands at $0.00001305 on May 19, 2024, gaining 48.76% in the process.”
Pepe Forecast for 2024: How High Can PEPE Really Trade?
The beloved frog-themed Internet meme turned token, Pepe, has long been trading in a bullish realm. The token has continued to surpass several price milestones and could reach a new price threshold by the end of 2024. According to Coincodex, the token could reach $0.00004161, rising almost 300% in the process.
Read too: Cryptocurrency: Three new coins perfect for beginners to trade in May
“Pepe Coin is expected to trade in the range of 0.0₅8775 $0.00004161. If it reaches the upper target price, PEPE could increase by 395.01% and reach $0.00004161.”