May 10, 2023 2:08 am EDT · 3 min read Pepe Coin Price Prediction As PEPE is that the Top 10
Most Traded Cryptos within the World - Can PEPE Reach $1?
The price of Pepe Coin has entered the highest 10 cryptocurrencies by 24-hour trading volume,
currently ranked eighth, before BNB but behind Binance USD (BUSD).
Despite the impressive rally, PEPE is down 2% within tin the last 24 hours,
although its price has increased by $0.00000192 70% in one week and 650% within the last fortnight.
As it appeared when it first launched, PEPE's ability to take care of and repose on its initial momentum suggests
that it's now become a longtime meme token with volume far exceeding that of Dogecoin and Shiba Inu.
This means that after the present correction ends,
It's going to rise again, losing more decimal places because the cryptocurrency climbs higher within the rankings.
Pepe Coin Price Prediction As PEPE is that the Top 10 Most Traded Cryptos within the World -
Can PEPE Reach $1? PEPE is up 0.5% within the last hour as its chart reflects this last-minute recovery.
In fact, PEPE made a recovery, as long as his various indicators more or less bottomed call at the Judgment Day.
Its relative strength index (purple) dipped below 30 within the early morning to resume the meme token's rise.
Also, the short-term moving average (yellow) fell below the long-term average (blue) and seeing that it's also near rock bottom,
we will see that PEPE will recover as soon because the next day. In fact, after testing the $0.00000190 price,
PEPE was ready to continue its earlier rally
suggesting further upside. As mentioned above,
the very fact that PEPE is one among the foremost traded coins
on the market today suggests that it's here to remain despite its youth.
Whales and exchanges seem to possess latched on to the coin,
and in recent days it's benefited from listings on Binance, Coin and OK.
The market has taken these listings as essentially a validation of PEPE,
with each new exchange starting to acknowledge that retail investors are running to the meme token.
The whales seem to be hoarding Pepe also, then are the exchanges that are ticking, all helping to extend demand and limit supply.
So, albeit PEPE is more or less a worthless meme token, and despite its anonymous creators throwing an
outsized amount of tokens into the market, it's already become a "big" token.
Today, it's over 108,000 holders,
Over thousand years
old This momentum will continue within
the medium to future, the coin is probably going to get over the present price of $0.00000192 and reach $0.000003 or $0.000004 within the coming weeks.
From there, it could easily lose a tenth or two by the top of the year, especially if the broader market becomes more bullish.
Another trendy meme brand For traders who wish to diversify their portfolios, PEPE is not the only successful meme token at the instant -
SpongeBob SquarePants (SPONGE) is up over 2,500% since it's live listing on Uniswap on May 4th.
Sources trading view It has also created SPONGE, a replacement ERC-20 cryptocurrency anonymous creators but like
PEPE, the coin and its market have already taken on a lifetime of their own.
Uniswap was delisted early,
But EX has been steadily learning new listings, including MEX, BANK, Coin and Tobit.
Other listings are likely to follow, and if SPONGE can attract a number of the most important exchanges,
it is often expected to enjoy some very big rallies within the near future. PEPE's max supply is 40.4 billion,
significantly but PEPE's which is simply over 420 billion. It also has over 10,800 holders, which has risen rapidly in recent days,
which may be a testament to the coin's momentum. This momentum could easily help it climb to $0.001
and above within the coming weeks, with the coin potentially rising above its recent high of $0.002394 if it attracts a top exchange listing or two.
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