Is Pepe Dead - Price Going To Zero Or Can $PEPE Recover?

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Pepe, still the third largest meme coin by market cap, has been consolidating at around a $500 million market cap for some time while traders chase newer meme tokens.

Despite Bitcoin’s price maintaining stability, the majority of altcoins are witnessing a decline in value. The $PEPE coin, along with several other memecoins, is facing a challenging day as they witness a decline in value, reflecting similar price action amid the current market conditions.

Is there still hope for $PEPE?

The trading volume of older coins like $PEPE crypto has dwindled, while newly launched memecoins continue to attract steady interest. Early memecoin investors have mostly divested their holdings, and since reaching its all-time high in May 2023, the coin’s price has plummeted by more than 69%.

Despite the waning PEPE frenzy, the Pepe community continues to remain resilient and active. It would appear from the discussions on social media that the Pepe community is intent on reaching a market cap that is close to that of Shiba Inu.

However, this objective is difficult to attain since the price of $PEPE would have to climb by about 900% in order to match the market capitalization of SHIB. It’s unclear at this time if the $PEPE coin price will set a new record high this year, given the current situation.

But according to the research, the total number of $PEPE coin addresses has hit an all-time high. This means that $PEPE could possibly return in the future. Get ahead in the crypto market with our selection of the top low market cap coins to buy.

$PEPE price prediction

The Pepe coin’s value has experienced a notable decline from its all-time high, with a considerable increase in selling pressure observed in recent weeks. Nevertheless, the Pepe community on social media remains resolute in their belief that this frog memecoin will eventually surpass both SHIB and DOGE in prominence and value.

They express a strong sense of confidence in the coin’s potential, despite the current market challenges, and hold firm to their optimistic outlook for its future growth and success. As of the current time of writing, the value of one $PEPE stands at $0.00000129, securing the 75th position on the CryptoMarketCap ranking.

The Pepe coin boasts a total market capitalization of $507,556,848, with a circulating supply amounting to 391,790,000,000,000. Notably, the cryptocurrency experienced a 2.91% decline in value over the course of the previous day. Pepe is encountering difficulty establishing its position among other cryptocurrencies.

Over the past week, $PEPE has witnessed a considerable decrease of approximately 11.53% in its value. Despite potentially sound fundamentals, experts harbour doubts regarding its ability to become a lucrative asset in the near future, primarily due to the continuous display of unsafe framing portions observed over the past several days.

Amidst the significant volatility in the cryptocurrency market, investors are actively seeking captivating opportunities with high profit potential. The cryptocurrency industry has taken notice of the remarkable success of presales in numerous new cryptocurrency projects, adding to the intrigue in the space.

Profitable investment opportunities

Crypto enthusiasts are always in pursuit of new and captivating opportunities, with a keen focus on the next potential cryptocurrency gem. Our top 3 presale lists present the most favorable prospects in the crypto space. Also, check out our guide to the best crypto ICOs for investment opportunities here.

Wall Street Memes ($WSM)

Wall Street Memes ($WSM) ongoing presale, fueled by buzz on social media platforms like Twitter and Telegram, has impressively amassed over $18 million. As a result of this enthusiastic response, many anticipate that $WSM could emerge as the leading meme currency of the year after its promising debut.

As the presale of Wall Street Memes ($WSM) nears its end, the highly anticipated debut on major exchanges is just around the corner, presenting an opportune moment for investors. With the listing on the CEX expected to be higher than the current exchange price of $WSM, early investors can take advantage of a discounted rate of $0.0325.

As the presale’s conclusion approaches, investors have a unique chance to enter at a favourable price before Wall Street Memes ($WSM) launches on the open market. This opportunity allows them to benefit from both the low purchase price and the significant following the token enjoys on social media.

Wall Street Memes’ triumphant presale has caught the attention of the crypto influencer community, garnering praise from several prominent figures, including Elon Musk, who recognises the coin’s amazing potential. To take part in the presale visit wallstmemes.com.

Chimpzee ($CHMPZ)

Chimpzee ($CHMPZ) is a significant initiative that not only enables people to generate passive income but also addresses critical issues like wildlife conservation and the impact of climate change.

The project team demonstrates their commitment by pledging to donate 10% of the total token supply and a portion of their earnings to support groups actively engaged in finding solutions to these urgent problems.

The Chimpzee community places great importance on promoting and funding conservation initiatives, as evident through its ambassador and community outreach programmes. Over $1.04 million has been raised so far in the Chimpzee presale, indicating increasing demand for it.

💎 #Chimpzee #Presale Stage 8 is going great!🔥

Secure your $CHMPZ tokens now at the best price in the Gold Stages!🛍️💰

🌿Earn income, combat climate change, and protect animals with #Chimpzee today!🌍

Take advantage of the bonus before it decreases!💸https://t.co/Geog3EVuMC pic.twitter.com/p26UCPSER2

— Official Chimpzee Project (@RealChimpzee) July 31, 2023

During the presale, anyone can purchase one token for $0.000775, and its eventual listing price will be $0.00185. Participants in the presale at chimpzee.io stand to win over 125% if it is successfully launched.

Investors with a strong environmental focus are displaying heightened anticipation and a sense of urgency as they eagerly partake in Chimpzee’s presale, which is now on stage 8 with just four days left to participate.

Launchpad XYZ ($LPX)

The Launchpad XYZ project aims to provide Web3 users, regardless of their expertise, with access to an analytics platform that offers comprehensive trading training. This equips them with the necessary tools to become successful traders.

Additionally, by immersing themselves in the guide showcasing the hottest altcoins available for purchase today, investors can also maximize profits. During the presale of its native token, $LPX, around $1.2 million was successfully raised, and currently, 1 $LPX is valued at $0.0445.

Anticipated price increments are expected to drive $LPX to $0.046 per token, with a projected listing price of $0.0565, leading to a steady increase in investor interest. Furthermore, the initiative has attracted significant attention, featuring coverage from various online publications.

Traders gain access to a comprehensive suite of advanced trading tools, including crypto signals, alpha, market insights, and more, by exchanging $LPX tokens. To take part in the presale visit launchpad.xyz.