Pepe Coin Price Prediction When PEPE Pumps Higher Even With Bitcoin Price Down
Pepe Coin, a recent addition to the digital currency and meme coin arena, is currently a hot topic in the crypto market. Created by artist Matt Furie, “Pepe the Frog” is a cartoon character and popular internet meme, depicted as a green anthropomorphic frog. In mid-April 2023, an Ethereum-based meme coin named PEPE was introduced.
Furthermore, PEPE surpassed Shiba Inu, Dogecoin and FLOKI by achieving an all-time high. Shiba Inu is now number two in the meme coin category, with PEPE in third place. The coin experienced a massive increase in market value, reaching a record price of $0.000001482.
Over the past week, investors have been steadily acquiring this new coin, driving the meme coin to the top. According to CoinMarketCap, PEPE has given its first investors a 2790% ROI since its launch.
Cryptocurrency exchange OKX announced PEPE’s new listing on Twitter, sharing the exciting news with the public.
Pepe Coin Price
Pepe Coin’s price has risen by about 100% in the last day and is currently trading at $0.00000106. The 24-hour low is $0.000000523, while the high is $0.000001012. Notably, the rapid peak has propelled it into the top 125 coins in terms of market capitalization.
Furthermore, traders are investing in this new meme coin in hopes of reaping immediate profits.
Although PEPE’s stability remains uncertain, trading volume indicates that it is capturing investor interest. PEPE tokens follow a familiar pattern driven by social media hype. However, it is too early to determine whether it will be abandoned like many others before it or continue to break records.
For now, at least the PEPE coin has caught the Internet’s attention. If PEPE sustains people’s interest for an extended period of time, it could join the select group of meme coins that have permanently etched themselves into the memories of crypto communities worldwide.
Binance Announces PEPE Coin Listing: What’s Next for the Meme Cryptocurrency?
The PEPE coin continues to gain traction on social media among users who engage with meme cryptocurrencies on a daily basis. Also, Binance has released an official PEPE buying guide, which the cryptocurrency Twitter community is interpreting as an indication that the coin may soon be listed on the exchange.
Currently, the meme currency is available on smaller exchanges such as Bitget, BingX, CoinW and others. However, major platforms such as Binance, Coinbase and Kraken have yet to list it.
If this rumor turns out to be true and the PEPE coin secures a listing on Binance, it could potentially reignite the enthusiasm surrounding meme coins.
Renowned crypto Twitter user RookieXBT shares tweet with 368,000 followers
While it may be tongue in cheek, and it is unlikely that the Pepe coin will turn Ethereum around in market cap, he seems to be making a point that low liquidity can cause an asset price to explode, as well as crash.
His follow up tweet was – ‘Everyone talks about there being no liquidity and if whales want to sell PEPE price will go to zero but liquidity works both ways.’
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