PEPE Price Prediction - Is It The End For Pepe Coin? Meme Kombat Could Be The Next Big Meme Coin

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The Pepe coin is currently trading at approximately $0.0000007073, marking a nearly 13% decrease over the past week and a 3% decline within the last 24 hours. Pepe recently staged a remarkable recovery, completely erasing its previous losses by the end of September.

During this period, the coin’s value surged by 38%, climbing from $0.0000006 to $0.00000083. However, Pepe is now experiencing a substantial price drop, which is causing concern among many investors.

Launched in April 2023, the $PEPE meme coin swiftly garnered attention and popularity, with its initial trading price hovering around $0.00000025. Within just a few weeks, Pepe’s market capitalization surpassed $420 million, securing a position among the top 100 coins in terms of market capitalization.

The coin reached its all-time high in May 2023, reaching approximately $0.0000045. Nevertheless, subsequent to reaching this peak, the broader bearish trends in the market prompted a significant correction for this digital asset.

PEPE Coin Price Prediction

This frog-themed meme coin is currently trading at approximately 83.76% below its all-time high of $0.0000043, which it reached about five months ago. The current price of Pepe Coin is $0.00000070, with a 24-hour trading volume of $24.49 million and a market capitalization of $296.96 million. Buy $PEPE on OKX here.

Based on today’s classical pivot point at a value of $0.0000007156, Pepe Coin has support levels at $0.00000070, $0.00000067, and the strongest support at $0.00000065. Similarly, Pepe Coin’s resistance levels are at $0.0000007413, $0.0000007563, and $0.0000007820.

According to the current Pepe Coin price prediction, it is anticipated that the price of Pepe Coin will decrease by approximately 7.28% and reach $0.00006656 by October 12, 2023. The current sentiment for is bearish.

To get a detailed Pepe Coin price prediction, check out the video above and subscribe to his YouTube channel for more crypto updates. Jacob Crypto Bury also runs a Discord group with 17,000 members where you can find trading tips and learn about upcoming crypto presales.

Factors Influencing Pepe Coin’s Price

Like any other asset, the price of Pepe Coin is mainly influenced by supply and demand. These factors can be affected by important events such as block reward changes, software upgrades, or shifts in the core technology.

Moreover, government regulations, adoption efforts by companies and governments, security breaches on crypto platforms, and real-world happenings can also impact $PEPE’s value. It’s important to note that the market cap of Pepe Coin can change significantly in a short period.

When predicting Pepe Coin’s future, many traders also keep an eye on $PEPE ‘whales,’ which are individuals or entities with substantial Pepe holdings. Because the Pepe Coin market is relatively small compared to traditional markets, these ‘whales’ can have a significant influence on Pepe Coin’s price movements.

Pepe Coin Alternative

Meme Kombat is a recently launched crypto presale that is gaining attention in the meme coin space. What sets it apart is its versatile functionality – Meme Kombat is not only a stake-to-earn coin, allowing holders to earn an APY, but it also incorporates a play-to-earn (P2E) aspect through its Battle Arena.

Within this arena, players can wager their staked $MK tokens on battles featuring characters representing popular meme coins. The project leverages blockchain technology and AI to facilitate player vs. player and player vs. game betting, ensuring transparent, provably fair, and secure outcomes.

Beyond the overall battle results, Meme Kombat offers various side bets, including predictions for the first move, specific outcomes, and unique events. This diversity provides players with creative and nuanced ways to place bets and win rewards.

The project developers are open about their identities, a rarity in the meme coin space. Meme Kombat follows a seasonal approach to the game, with the roadmap indicating that new seasons will introduce fresh characters, themes, and even game modes.

The Meme Kombat X page is currently running a meme contest giveaway. Visit their page to find out more details.

Time for some friendly competition 👊#MemeKombat doing a best meme contest & giveaway

🥇Top prize 600 USDT
🥈2nd place 300 USDT
🥉3rd place 100 USDT

Feel like joining in on the action? Check next post for details on how to participate 👇

— Meme Kombat (@Meme_Kombat) October 6, 2023

During the presale, purchasers have immediate access to staking rewards, with the current APY standing at an impressive 112%. Meme Kombat boasts a relatively small token supply, especially for a meme coin, with just 12 million tokens in circulation.

Of these, 50% are allocated to the presale, 30% to staking and battle rewards, 10% to DEX liquidity, and 10% to community rewards, including incentives for engagement like content creation and referrals.

Importantly, there is no team allocation. $MK tokens are available at a price of $1.667 during the presale, which has a hard cap of $10 million. Take part in the $MK presale at memekombat.io.