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Pepe (PEPE) appears to be gearing up for a major comeback as market conditions align for a potential altcoin season.
Despite being down nearly 3% on the day, analysts and traders are closely watching PEPE’s movement, anticipating a bullish breakout.
The question arises: Will Pepe hit a new all-time high in March, or will the Layer 2 meme coin Solaxy be the better alternative?
Pepe (PEPE) Price Analysis
Currently, PEPE is positioned within a key entry zone, with a projected target price indicating a strong upward potential. Investors are eyeing this opportunity as a chance to capitalize on a swift rebound, with on-chain analytics showing a solid holding pattern among PEPE holders.
On-chain data reveals that 86% of addresses hold less than $1,000 worth of PEPE, while 36% of holders are classified as cruisers, meaning they hold for a medium-term period.
About 22% of holders are long-term investors with holdings spanning over a year, and 10% of holders are classified as traders, engaging in short-term profit-taking. This data suggests that a significant portion of PEPE investors are in it for the long haul, which helps provide price stability and sets the stage for a strong rally.
The broader cryptocurrency market is showing signs of a turnaround, despite being down by 1% today. Bitcoin is currently trading at $97,000, with the potential to break past the $100,000 mark once again.
The Fear and Greed Index sits at 41, signaling a neutral sentiment, but with growing bullish indicators across various assets. Meme coins, in particular, have seen increased volatility. PEPE, despite its 3% dip today, remains up 5% on the week with a $4.2 billion market cap.
This places it in contention to flip Shiba Inu (SHIB) in market ranking should its momentum continue.
Pepe (PEPE) Price Prediction
Trading indicators provide mixed signals, but overall market sentiment remains optimistic. Oscillators are currently flashing a buy signal, while moving averages indicate a strong sell.
The combined summary suggests a neutral stance but with growing bullish potential. PEPE’s price action mirrors previous cycles where it reached all-time highs, pulled back, saw minor pumps, and then rebounded to establish new highs.
If this trend continues, a strong recovery could be imminent, with a potential 50% gain simply to recover from the monthly dip. Several external factors are contributing to PEPE’s resurgence. Binance staking pools have increased staking opportunities, which could drive more demand.
Elon Musk’s recent post featuring a PEPE meme has fueled speculation about his continued interest in meme coins. Additionally, growing interest in meme coins in general is helping PEPE remain one of the strongest contenders in the space.
As PEPE holds its position as the third-largest meme coin, speculation is mounting over whether it can surpass SHIB in market cap. If this occurs, it would mark a significant shift in the meme coin hierarchy and further validate PEPE’s staying power in the market.
With altcoin season potentially approaching and bullish signals emerging across various indicators, PEPE appears poised for a major resurgence. Traders and long-term holders alike will be watching closely to see if PEPE can reclaim its all-time highs and solidify its place among the top meme coins of this cycle.
Top Altcoin to Watch in 2025
Solaxy is a Layer-2 solution built to improve Solana’s transaction speed and efficiency. Solana, one of the fastest blockchains, has reached speeds of 15,000 TPS, but its claimed peak of 65,000 TPS remains out of reach. Network congestion often causes delays and failed transactions.
Solaxy aims to fix this by processing transactions off-chain in batches before settling them on Solana. This reduces congestion while keeping security intact, making transactions faster and more scalable.
Solaxy also introduces customizable dApp solutions, allowing developers to build high-speed applications without Solana’s current limitations. Whether for DeFi, NFTs, or blockchain gaming, its modular framework supports projects that need speed and reliability.
The project also focuses on interoperability by bridging Solana with Ethereum. This enables smooth cross-chain transactions, letting users benefit from Solana’s low fees and speed while accessing Ethereum’s liquidity and ecosystem.
Solaxy offers a strong staking model, giving early adopters passive income opportunities. With a 187% APY, its rewards program is among the best in the market. If you want to see what the future holds for Solaxy, you can check our $SOLX price prediction guide.
The $SOLX presale has raised $21.7 million, making it one of the biggest fundraisers in recent months. Staking remains a key incentive for investors looking to grow their holdings as the presale continues.
Investors can buy $SOLX directly from the presale website using ETH, USDT, BNB, or a credit card. Tokens are also available on the Best Wallet app, which can be downloaded from Google Play and the Apple App Store. For more information, investors can check out our guide on purchasing Solaxy tokens here.
With scalability, cross-chain functionality, and staking rewards, Solaxy stands out as a strong investment opportunity in the crypto market. To take part in the $SOLX token presale visit solaxy.io.
Related
- Pepe Coin Crashes to $4 Billion Market Cap – Is $PEPE Dead?
- Solaxy Presale Surges Past $21 Million – Best Meme Coin to Buy Now?
- Solaxy ICO Nears $21 Million with 500K in Daily Inflows – Invest Before It Sells Out
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