{"id":486158,"date":"2024-03-05T23:48:00","date_gmt":"2024-03-05T23:48:00","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=486158"},"modified":"2024-03-05T23:48:00","modified_gmt":"2024-03-05T23:48:00","slug":"pepe-coin-price-prediction-will-pepe-sustain-its-upward-trajectory","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pepe-coin-price-prediction-will-pepe-sustain-its-upward-trajectory","title":{"rendered":"Pepe Coin Price Prediction \u2013 Will $PEPE Sustain Its Upward Trajectory?"},"content":{"rendered":"<p>Pepe coin witnessed a remarkable surge of 145% over the past week. However, the momentum appears to be waning as it has now dipped by 12% in the last 24 hours.<\/p>\n<p>Over the recent days, Pepe has made significant strides, pushing its market capitalization beyond $3.2 billion. Despite the consistent emphasis from the crypto market that speculative surges are short-lived, a rapid surge often signals a sharp decline.<\/p>\n<p>The frog-themed meme is currently on the brink of a substantial downturn, posing potential risks for new investors.<\/p>\n<p><iframe title=\"PEPE COIN PRICE UPDATE | PEPE COIN NEWS (CRAZY PUMP!!)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/FJAswKbNXjU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>Pepe coin stands out in the meme coin market by leveraging the legacy of Pepe the Frog, a character with a rich and sometimes controversial background.<\/p>\n<p>The burning mechanism employed by $PEPE emphasizes its unique characteristics, striving to uphold scarcity within the market.<\/p>\n<p>$PEPE operates as an <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-erc-20-tokens\">ERC-20 token<\/a> on the Ethereum blockchain, secured through the Proof-of-Stake (PoS) consensus mechanism.<\/p>\n<h2>$PEPE Price Prediction<\/h2>\n<p>The current price of Pepe coin stands at $0.000006112, accompanied by a 24-hour trading volume of $3.20 billion and a market capitalization of $2.57 billion. Pepe ranks 43rd on CoinMarketCap based on its market capitalization.<\/p>\n<p>There&rsquo;s notable investor interest in Pepe, evident from the Fear &amp; Greed Index, which registers an extreme greed reading of 90. Moreover, $PEPE is trading below its 200-day simple moving average, indicating a positive trend in its price trajectory.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-486159\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/03\/pepe-coin-7-days-price-graph.png\" alt=\"Pepe Coin 7 Days Price Graph\" width=\"1920\" height=\"1080\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/03\/pepe-coin-7-days-price-graph.png 1920w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/03\/pepe-coin-7-days-price-graph-300x169.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/03\/pepe-coin-7-days-price-graph-1024x576.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/03\/pepe-coin-7-days-price-graph-768x432.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/03\/pepe-coin-7-days-price-graph-1536x864.png 1536w\" sizes=\"(max-width: 1920px) 100vw, 1920px\"><\/p>\n<p>Over the last 30 days, Pepe coin has experienced 20 green days, representing 67% of its trading period, further reinforcing investor confidence. Today&rsquo;s pivot level for Pepe coin is $0.000006954, with support levels at $0.000005680 and $0.000003066, and resistance levels at $0.000008294 and $0.00001091.<\/p>\n<p>The moving average convergence divergence (MACD) shows neutrality, suggesting a higher buying-over-selling pressure, while the averages indicate a possibility of bearish convergence, reflecting a mixed sentiment within the crypto market.<\/p>\n<p>For an in-depth analysis of Pepe coin&rsquo;s price prediction, view the video provided above and subscribe to Jacob Crypto Bury&rsquo;s <a href=\"https:\/\/www.youtube.com\/@JacobCryptoBury\">YouTube channel<\/a> for additional crypto-related content. Additionally, Jacob runs a <a href=\"https:\/\/insidebitcoins.com\/visit\/jacob-crypto-bury-discord\" rel=\"nofollow\">Discord community<\/a> with 21,000 members, where users receive trading advice and gain insights into <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/new-upcoming-icos\">upcoming crypto presales.<\/a><\/p>\n<h2>Conclusion<\/h2>\n<p>The price movements of Pepe coin have followed the pattern of volatility common in meme-based assets, where speculative trading plays a significant role in determining its market worth. Additionally, $PEPE&rsquo;s value is influenced by community sentiment and trends on social media platforms.<\/p>\n<p>Pepe&rsquo;s future remains uncertain, mirroring the unpredictable nature of the internet culture it originates from. Although there is potential for considerable gains driven by viral trends and the expanding adoption of Pepe within the meme community, the inherent volatility and speculative nature of meme coins pose significant risks.<\/p>\n<p>Pepe must focus on maintaining and enhancing its community engagement while adeptly navigating shifts in broader market sentiment. If you&rsquo;re looking for the next potential crypto that might 100x, see our articles on the <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-meme-coins\">best meme coins to buy now<\/a>.<\/p>\n<h3>Related<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/pepe-price-prediction-pepe-goes-ballistic-with-a-268-weekly-gain-as-altcoin-season-erupts-but-traders-say-this-meme-coin-might-100x-in-2024\">Pepe Price Prediction: Pepe Goes Ballistic With A 268% Weekly Gain As Altcoin Season Erupts, But Traders Say This Meme Coin Might 100X In 2024<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/pepe-price-prediction-pepe-soars-to-new-all-time-high-after-61-pump-as-this-new-solana-meme-coin-soars-121-in-a-month-new-bonk\">Pepe Price Prediction: PEPE Soars To New All-Time High After 61% Pump As This New Solana Meme Coin Soars 121% In A Month &ndash; New Bonk?<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/pepe-price-prediction-pepe-soars-238-in-a-week-to-hit-new-ath-but-experts-say-this-under-the-radar-ico-is-the-best-crypto-to-buy-now-before-the-bitcoin-halving\">Pepe Price Prediction: PEPE Soars 238% In A Week To Hit New ATH, But Experts Say This Under-The-Radar ICO Is The Best Crypto To Buy Now Before The Bitcoin Halving<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/meme-coins-go-ballistic-led-by-sector-titans-pepe-doge-shib-and-bonk\">Meme Coins Go Ballistic, Led By Sector Titans PEPE, DOGE, SHIB And BONK<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Newest Meme Coin ICO - 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However, the momentum appears to be waning as it has now dipped by <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1899,"featured_media":486160,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-486158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pepe Coin Price Prediction \u2013 Will $PEPE Sustain Its Upward Trajectory? - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Pepe coin witnessed a remarkable surge of 145% over the past week. 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