Pepe Coin Price Prediction – Does the recent 27% growth in $PEPE mean a recovery for Meme Coin?

adminMay 5, 2024

join us telegram A channel to stay up to date on breaking news coverage

Over the past 24 hours, $PEPE has shown impressive resilience, surging more than 13% in value, bringing its market capitalization to $3.7 billion.

This performance resurgence of Pepe Coin can be partially attributed to the recently introduced Coinbase perpetual futures contract. This triggered futures buying and garnered significant interest from both institutional players and retail investors.

Moreover, astute observers have pointed out significant accumulation of Pepe coins by whales, further strengthening market sentiment. A whopping $4.04 trillion worth of PEPE tokens were collected on May 3, based on information from on-chain analytics platform Whale Alert.

This accumulation was accompanied by a nearly 7% increase in the price of $PEPE. This large-scale token collection highlights continued trust in the asset and suggests an optimistic path for frog-themed tokens in the near future.

$PEPE Price Prediction

Despite the brief market correction, Pepe Coin has shown resilience, suggesting fundamental strength and potential for further upside. This sentiment is reinforced by indicators indicating continued upward momentum. The current value of Pepe Coin is $0.00000881, with a 24-hour trading volume of $1.37 billion.

Over the past day, the $PEPE price has surged 13.48%, with an impressive rise of over 27% over the past 7 days. Currently, $PEPE is trading above its 200-day simple moving average (SMA) at $0.000003040. Pepe Coin’s 14-day RSI is 60.57, indicating it is currently neutral.

Pepe Coin 7-day price graph

The coin’s current growth rate is expected to maintain positive momentum due to overall market strength, yield programs featuring the Pepe cryptocurrency, and investor interest in meme coins. According to Pepe Coin price predictions, it could reach $0.0000440 by the end of 2024.

Check out the video above for a thorough analysis of Pepe Coin’s price prediction, and follow his YouTube channel for more cryptocurrency content. Also, join Jacob Crypto Bury’s Discord community to receive valuable trading advice and updates on upcoming cryptocurrency presales.

New Solana-based Meme Coins to Add to Your Portfolio Ahead of the Meme Coin Rally

Sealana comes as a new addition to the meme coin realm, finding a place among the prevalent dog, cat, frog, and sloth tokens by introducing a unique twist.

Sealana’s central character depicts a laid-back, obese American red-necked seal, inspired by the famous ‘World of Warcraft Guy’ from the South Park series.

Speculations suggest that the creator of the $SLERF token, whose value soared in a matter of weeks during March 2024, is behind the viral token.

Sealana, which raised an impressive $177,000 in its token presale, gives users the option to earn $SEAL via a website widget or by sending $SOL directly to the presale wallet address: DJ15ZYXqUNMYJ3hL7z4ciSaSFAw5cbos3YjGpdvwmF6c.

Prominent individuals in the cryptocurrency space, including well-known cryptocurrency YouTuber TodayTrader, have expressed excitement about Sealana, suggesting that it could potentially emulate the success of tokens such as $SLERF, $PEPE, or $DOGE.

Check out my latest post – this is going to be huge!!! https://t.co/AL5yLQ60Wj
— Mark Kelly (@TodayTraderMark) May 3, 2024

Currently, 1 $SOL yields 6,900 $SEAL tokens, but the price is expected to rise as the pre-sale progresses, highlighting the importance of participating early. Potential investors can visit our guide on how to buy $SEAL tokens here.

After the pre-sale, participants will receive a token airdrop. However, since tokens from centralized exchanges (CEX) are not eligible for airdrops, it is important to utilize a decentralized exchange (DEX) wallet when sending tokens directly to a wallet address.

Sealana sets itself apart with a compelling narrative that blends successful trends like Solana integration and send-to-wallet mechanisms while maintaining originality through humorous and relatable themes.

To gain additional insight into the Sealana cryptocurrency project, individuals can join the community channel on Telegram. X (formerly Twitter), currently active. To participate in the $SEAL token presale, visit sealana.io.

SMOG – Meme Coin with Rewards