Pepe (PEPE) reached a new all-time high of $0.00002716 today. The frog-themed memecoin has been one of the top-performing cryptocurrencies this year, gaining 2.8% daily, 25.2% weekly, and 140% in the last month. Since December 2023, PEPE has surged an astonishing 1570.3%.
📈 Why Is Pepe Rallying?
PEPE’s latest rally aligns with a broader altcoin surge, as investors shift funds away from Bitcoin (BTC), which is stagnating below $100,000. Altcoins like Solana (SOL), BNB, and TRON (TRX) have also hit new peaks recently. The rally gained further momentum after Donald Trump’s US presidential election win, as his pro-crypto stance signals potentially lenient regulations and increased market optimism.
🚀 Can PEPE Hit $0.0001?
CoinCodex predicts PEPE will continue rallying, potentially reaching $0.00008909 by Jan. 6, 2025, a 241.4% gain from current levels. However, it does not expect PEPE to hit $0.0001 soon. Similarly, Changelly forecasts PEPE to trade at $0.0000803 by early January 2024.
🌟 What’s Next for PEPE?
While $0.0001 may remain out of reach for now, Pepe’s momentum and favorable market conditions could keep driving its price higher in the coming weeks. Investors remain optimistic about its short-term growth.
Top comments (0)