{"id":534357,"date":"2024-06-10T08:38:37","date_gmt":"2024-06-10T08:38:37","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=534357"},"modified":"2024-06-10T08:38:37","modified_gmt":"2024-06-10T08:38:37","slug":"pepe-price-prediction-pepe-plummets-13-in-a-week-as-this-dogecoin-derivative-charges-towards-4-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/pepe-price-prediction-pepe-plummets-13-in-a-week-as-this-dogecoin-derivative-charges-towards-4-million","title":{"rendered":"Pepe Price Prediction: PEPE Plummets 13% In A Week As This Dogecoin Derivative Charges Towards $4 Million"},"content":{"rendered":"

The Pepe price has slumped 13% in the past 7 days to trade at $0.00001270 as of 00:42 a.m. EST. on trading volume that plunged 22%,<\/p>\n

In the past 24 hours, the price is up nearly 5%, CoinGecko data shows<\/a>.<\/p>\n

Traders have conflicting opinions on the next directional bias for the frog-themed token. Cognizant that the PEPE meme coin runs on the Ethereum blockchain, one trader underscores that the Pepe price will rally once the Ethereum price shows strength.<\/p>\n

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\"I think $Pepe<\/a> looks bearish here.\"<\/p>\n

Brother, I cannot for the life of me understand how you could be bearish this chart. Get off of the 5 minute time frame, sit back & enjoy the ride. $ETH<\/a> isn't even in price discovery yet… that's when this next part happens. pic.twitter.com\/Bb9MH5vYvj<\/a><\/p>\n

— Max (@MaxBecauseBTC) June 9, 2024<\/a><\/p><\/blockquote>\n