Can Pepe Still Compete With Dogecoin and Shiba Inu?
The post Can Pepe Still Compete With Dogecoin and Shiba Inu? appeared on BitcoinEthereumNews.com.
Pepe coin continues to capture attention as a key player in the current meme coin landscape. With a market cap of around $4.1 billion, it’s widely seen as the Dogecoin of this cycle—propelled early on by viral appeal and indirect endorsement from figures like Elon Musk. While older meme coins like Dogecoin and Shiba Inu have already experienced their major bull runs, Pepe coin offers a fresher narrative, making it more appealing to newer entrants and high-stakes investors seeking mid-term returns. However, it’s important to note that we’re not in a full-blown meme season or altseason at present, and without a broader market push, $PEPE may struggle to generate significant upward momentum on its own. Pepe Price Prediction From a technical perspective, Pepe coin’s recent price action has been mixed. Although it briefly saw an uptick in volume and removed a zero from its price, that momentum faded quickly, with signs suggesting the potential for another zero to be added back. Currently, the coin is forming a falling wedge pattern—a classic bullish reversal setup. If it breaks out, analysts estimate an upside move of 20–30%, possibly aligning with Fibonacci retracement targets. However, the downside risk remains, with the possibility of a 20% pullback if the pattern fails. Historically, $PEPE has followed a pattern of rallying during high-RSI, euphoric periods—such as in February, May, and November of 2024. A return to overbought RSI conditions (above the 70 level) would likely signal the start of another meme coin surge. Until then, Pepe coin’s outlook remains range-bound, awaiting the broader excitement that typically drives meme coin rallies. Source – Jacob Crypto Bury on YouTube Why TOKEN6900 Is the Best Meme Coin to Buy Now With Pepe TOKEN6900 (T6900) is the latest meme coin gaining rapid attention in the crypto community. Inspired by the…
Filed under: News - @ July 8, 2025 2:29 am