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Pepe Coin's Fast Climb: Heading Towards $1 - What's Next

Key Takeaways
  • PEPE has become the most profitable meme coin, leaving behind DOGE and SHIB.
  • PEPE is still bullish, there is a possibility that the price of PEPE may increase even more in the coming days.
  • It is possible that Pepe Meme Coin may Reach close to $1 in the Coming Time.
15-May-2024 By: Supriya Raje
Pepe Coin's Fast Cli

Pepe leaves DOGE and SHIB behind, becomes Top Performing Meme Coin

Pepe Coin Making Waves and Smashing Records in the Crypto Community.The frog-themed Meme Coin surged almost 39% recently, while Pepe itself jumped 12% in just 24 hours, hitting an All-Time High Frog Meme Coin broke its ATH record for the second time this year, leaving DOGE and SHIB behind in profit. Pepe is now the king of meme coins, earning the spotlight in the crypto community.

Pepe is Still RIsing

PEPE is experiencing a Surge, with Potential for further Price increases in the coming days. This is believed to be due to increased demand for the Token in the Market. As a result, Trading volume has spiked by 300% in the past 24 hours. Additionally, PEPE's market cap has risen by 22%, bringing its value to $4,540,608,117. The token is currently ranked 23rd. If the trend continues, PEPE could become one of the top 20 cryptocurrencies.

PEPE's price has been rising steadily since two days ago, and it continues to do so. It has seen two significant increases in a short period. If this trend persists, it could hit a new All-Time High. There's a chance it might even get close to reaching $1 soon. People are optimistic about PEPE for several reasons, making it one of the top-performing Meme Coins.

Due to these reasons, there is a Rise in Pepe

PEPE, launched around this time last year, quickly became a favorite among investors in the Meme Coin space. Despite experiencing a dip in value post-launch, its popularity has remained strong. This popularity has sparked optimism for potential future price increases.

The PEPE craze has also attracted attention from Crypto Whales, leading to heightened activity in Meme Coins. Over the past 24 hours, transactions exceeding $100,000 have surged by over 416% in Whale activity. This spike in Whale activity has driven PEPE's daily transaction count from 35 to 697, hinting at the possibility of significant price surges due to increased activity.

Furthermore, the growing trend of Meme tokens in the Crypto Market, coupled with increasing chatter on social media, has played a significant role in boosting PEPE's price. The rising popularity is attracting more investors to the token, contributing to its price appreciation.

Could PEPE Price go up to $1 in the future?

Once again, PEPE has reached an All-Time High, demonstrating its value in investors' portfolios. There's anticipation for further price increases before the year concludes. Many PEPE investors speculate that it could reach $1 and secure a position among the top 10 cryptocurrencies.

However, achieving the $1 milestone for the Frog meme coin will require a considerable effort and sustained bullish momentum. Nevertheless, the consistent growth in its value indicates the potential for it to eventually reach the $1 mark.

Also Read:- North Korean Hackers Storm Play Havoc With Crypto Firms

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