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Pepe Coin Forecasted To Rise 60%: Here’s When

Simon Osuji by Simon Osuji
March 7, 2024
in Business
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Pepe Coin Forecasted To Rise 60%: Here’s When
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The crypto markets look to be in their early bull run stage, where prices stabilize as the next major advance prepares to ignite. One asset perfectly encapsulating this consolidation after already surging 650% is PEPE. Pepe Coin, which now shows signs of its mega rally, could extend dramatically in the coming days.

The previously bullish PEPE coin commenced trading amidst a blaze of volatility but soon entered a phase where skepticism mounted around sustaining its blistering growth. Prices thus drifted lower for months as bullish momentum waned.

However, with the renewed enthusiasm around meme coins, PEPE is expected to surge by 60% and hit $0.0000104.

Also read: Cryptocurrency: Top 3 Cheap Coins To Buy For Massive Gains In March

Pepe Coin is forecasted to surge by 60%

PEPE has finally overcome resistance levels that stifled previous rallies. In doing so with authority, the token has now outshone fellow meme coins Dogecoin and Shiba Inu.

Changelly analysts forecast a 60% surge for Pepe Coin. According to the analysis, PEPE could erase a zero and hit $0.0000104 from its current price of $0.00000671. The analysts predict PEPE to hit that price level by January 2026. However, a renewed bull run could reduce that timeline.

As a result, PEPE’s skyrocketing value propelled it this week into the top 50 crypto assets by market capitalization. With strong volumes backing its powerful breakout, analysts forecast this marks just the beginning of a truly parabolic moonshot ahead for the fledgling project.

Also read: Will Ripple (XRP) Hit an All-Time High This Bull Season?

Whereas top meme coins DOGE and SHIB both mustered a relatively modest surge during this timeframe, PEPE’s demonstration of strength stands out as it rallies on far heavier trade activity.

Some speculate that, with Bitcoin consolidating following its push to back above $69,000, altcoin dynamics now take center stage. This period often allows sleepy crypto tokens flying under the radar to capture investor mindshare – setting the table for violent outbreaks ahead.

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