The post Pepe Price Prediction: PEPE Price To Increase by 1000%? appeared on BitcoinEthereumNews.com.

As the cryptocurrency market continues to evolve, many investors are keenly watching the price movements of various tokens. One such token is PEPE, which has recently sparked interest due to its potential for significant price changes. In this article, we’ll explore the factors influencing PEPE price and examine whether it could realistically rise by 1000% in the near future. Let’s take a look at this PEPE price prediction article in more detail. How has the Pepe(PEPE) price moved recently? As of today, Pepe Coin is priced at $0.000008242, with a 24-hour trading volume of $1.15 billion and a market cap of $3.46 billion, representing a market dominance of 0.17%. Over the past 24 hours, the PEPE price has risen by 6.67%. Pepe Coin hit its peak price of $0.00001717 on May 27, 2024, marking its all-time high. The lowest price ever recorded was $0.00000000001057 on April 14, 2023. Since its all-time high, the lowest price has been $0.000005910, while the highest price since this low was $0.000008390. Currently, the sentiment for Pepe Coin’s price prediction is bearish, and the Fear & Greed Index indicates a fear level of 29. Why Pepe (PEPE) Price is UP? The recent rise in PEPE can be linked to a broader uplift in the cryptocurrency market, particularly driven by Bitcoin’s performance. Bitcoin has seen a 3% increase recently, surpassing $57,000 before settling around $56,874. This positive shift follows an earlier period of decline, with the Fear & Greed Index now reflecting a more neutral market sentiment at 43%. Additionally, substantial activity among Bitcoin investors is evident. Recent data from Santiment shows that Bitcoin whales have accumulated over 30,000 BTC, worth approximately $1.62 billion, in just a couple of days.  This surge in buying has reduced Bitcoin’s availability on centralized exchanges, signaling strong demand and less…

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Filed under: News - @ August 7, 2024 12:12 pm