Pepe coin price prediction

This memecoin is currently the buzz of the town, with scary returns of over X in less than a week. On April 14th,this frog-based memetoken was released on the Ethereum network and began trading. Many rags to riches stories are related with this frog-faced memetoken, pepe coin price prediction, and many people are questioning if it is still too early to invest in this memetoken or if it is too late.

In this article, we will explore the future price prediction for Pepe, answer whether it can hit 1 cent, and dig deeper into why some crypto experts believe PIKA has even more potential. It aimed to capitalise on the popularity of meme coins like Shiba Inu and Dogecoin. Despite a slight dip of 0. However, the technical indicators suggest that while there is potential for growth, the market is also showing signs of caution. The near-oversold RSI indicates that the market may be due for a correction, but the bullish MACD hints at continued interest and possible price increases.

Pepe coin price prediction

The meme coin has a circulating supply of To make things easier to visualize, check the following table with some notable price points for PEPE and their corresponding market cap:. If enough tokens were to get burned, then PEPE could potentially reach higher price milestones in the future. According to our Pepe coin price prediction algorithm, the meme coin could see a massive spike in the short term, likely driven by the extremely bullish sentiment permeating the crypto market. Many beginner investors think that a cheap asset appreciates in value more easily than an expensive asset. For additional exploration of meme coins and their potential to reach significant price milestones, consider checking the following articles:. Ted has been closely following the blockchain sector since He first became a CoinCodex contributor in , covering primarily crypto regulation and macroeconomics. Since then, Ted has expanded his interest to general crypto-related topics and is now a senior editor at CoinCodex. When he is not writing about crypto or traditional finance, Ted enjoys watching and playing basketball. Keep track of your holdings and explore over 10, cryptocurrencies. All Coins Portfolio News Hotspot.

Traders can view candlesticks that represent the price action of Pepe Coin with different granularity — for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. This memecoin is currently the buzz of the town, with scary returns pepe coin price prediction over X in less than a week.

The meme coin sector, taking a brief pause for a pullback, warns of a strong correction if the overall market fails to lift the mood. Under such conditions, the PEPE price shows a similar trend with a bearish pattern in the 4H chart and a weakness in the daily trend. In addition, the uncertainty in the general market finds its way quite easily to the meme coins, which are generally the most volatile ones. This highlights an indecisive trend amongst PEPE prices as they struggle to find a bounce pad for a reversal spot. Hence, for potential investors eyeing PEPE, this period indeed could present an opportunity to enter at lower levels. Before you proceed, read our Pepecoin price prediction for In essence, join us as we delve into the potential price trajectory in our detailed PEPE coin prediction.

In a crypto world filled with Shiba Inus and Doges, Pepe is the frog that has jumped into the limelight, captivating crypto enthusiasts worldwide. The coin draws its inspiration from the widely recognized Pepe the Frog meme and is slowly cementing its position among the top meme-based cryptocurrencies. Pepe is a deflationary memecoin that finds its roots in the Ethereum blockchain. It's inspired by the Pepe the Frog internet meme and aims to carve a niche among the top meme-based cryptocurrencies. An intriguing aspect is that Pepe's founders remain anonymous, fueling the mystery and allure of this memecoin.

Pepe coin price prediction

This article originally appeared in First Mover , CoinDesk's daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. That said, the market increasingly looks overheated, not only in terms of funding rates , but also because, as Santiment data show, the top trending cryptocurrency on social media in the past 24 hours is PEPE.

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Pepe network is developing rapidly. The meme coin sector, taking a brief pause for a pullback, warns of a strong correction if the overall market fails to lift the mood. For currencies that are negatively correlated with Pepe Coin, a move in one direction for Pepe Coin would translate into a move in the opposite direction for the negatively correlated coin. Readers should do their research before taking any actions related to the company. The recent bearish pattern in the 4H chart and weakness in the daily trend indicate a challenging period for Pepe Coin. Bullish and bearish price prediction patterns Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Binance does not contribute to or influence any of the price predictions on this page. Where to buy Pepecoin? When he is not writing about crypto or traditional finance, Ted enjoys watching and playing basketball. Check out other opinions on price targets and project confidence levels — known as a Consensus Rating — when deciding on your own price targets.

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So, get in early while you still can. Sign In Sign Up. Conduct your due diligence and consult your financial advisor before making investment decisions. On its website, Pepe. Show More. The RSI is used to gauge momentum in the market. Read the fascinating story behind Bitcoin Pizza Day, its significance in the crypto community, and the lessons it holds for investors. According to the price prediction for pepe in , it seems that the frog-based memecoin could experience some high volatility, with prices ranging from a minimum of 0. Complete Your Profile. Keep track of your holdings and explore over 10, cryptocurrencies.