Pepecoin is a meme coin operating on the ETH blockchain. It institutes a no-tax policy, allowing its investors to trade and transact $PEPE on DeFi exchanges without added fees.
Pepecoin (PEPE), a meme coin on the ETH blockchain, is designed to facilitate trades and transactions on DeFi exchanges without additional fees, thanks to its no-tax policy. It stands out by being transparent about PEPE's lack of utility, keeping it simple as a meme coin.
Coincodex price prediction for PEPE on Sept. 23, 2024, shows 16 technical analyses indicating bullish signals and 13 indicating bearish signals. The sentiment is neutral as 55% are bullish and 45% are bearish.
PEPE Historical Price
Pepecoin is priced at $0.058197, with a market capitalization of $3.45 billion as of Sept. 23, 2024. Let's have a look at the overview.
Historical Data
PEPE is based on Pepe, the famous frog internet meme from the early 2000s. The PEPE meme cryptocurrency was launched last year by a team based in the United States. It is a project built on the Binance Smart Chain. PEPE intended to influence the meme's popularity and position itself as a remarkable meme-based digital asset. PEPE reached its all-time high four months ago, in May 2024; this attracted like-minded users and created a significant following for the coin.
Pepecoin Price Prediction 2024
According to CoinDCX’s PEPE prediction blog, there's a high probability that in Oct. 2024, PEPE might recur if the overall crypto market experiences a rally. Historical data indicates that the crypto market generally encounters a rally during this month. If this happens, PEPE will portray a bullish stance during this period.
November is likely to sustain the momentum from the rally. The year-end will evaluate the rally, and December might indicate moderation.
Pepecoin (PEPE) Price Prediction 2025,2026..2030
According to the Binance price prediction for PEPE, the coin might rise by 5% and reach $0.000011 by 2030.
Vikram Subburaj, CEO of Giottus crypto platform, believes that while meme coins operate in a highly volatile space where rapid price fluctuations are the norm, PEPE has demonstrated resilience amid market turbulence, with its recent 11% weekly rise.
He added that, in the short term, if macroeconomic conditions remain favorable, there is potential for a considerable price increase and probable price discovery in the next six to eight months. “By 2025, we anticipate a bullish phase in which PEPE could reach around $0.00002 in the first quarter and $0.00005 before year-end. However, in 2026, if the market turns bearish, Pepecoin may face significant downward pressure, potentially dropping 60% to 70% during the year,” said Subburaj.
All-Time Highs and Lows of Pepecoin (PEPE)
The all-time high for Pepecoin is $0.00001718, recorded four months ago on May 27, 2024. Comparatively, the current price is 47.36% lower than the all-time high as of September 26, 2024. PEPE reached its all-time high due to several factors, including market sentiment, as the supply is capped at 420.69 trillion tokens, approval of Ether ETFs, Pepecoin listing on several leading crypto exchanges, and social media mentions, which measures the shares of its mentions in crypto discussions.
The all-time low for Pepecoin is $0.072764, recorded a year ago on April 17, 2023. Comparatively, the current price is 32583.23% higher as of September 26, 2024. The popularity of the other meme coins and PEPE's poor price performance could be why it suffered from its all-time low.
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