The price of PEPE has shown a remarkable succession trail in its value in the last 30 days. Surging rapidly at an explosive pace, the coin has risen nearly 700% in the last 30 days.
PEPE is also the favorite of the crypto whales, considering the recent stats. Data from LookOnChain reveals investors are exploring PEPE on a massive scale.
The data further shared how crypto whales have been buying the meme crypto on a record scale, purchasing millions of it, sparking huge community interest.
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PEPE’s Growing Popularity
Born out of sheer curiosity, PEPE has now accumulated a massive fan following. The coin has recently been rallying past normal metrics and projective bullish signals.
Per the latest data from Coinmarketcap, the crypto coin has surged 717.95% in the last month. The coin has also noted a spike of 245.40% in the last 7 days, showing a positive price trajectory.
PEPE’s growing popularity can be largely attributed to its community, which seems to be driving the coin’s value up a notch. The data from LookOnChain has revealed staggering statistics about Pepe being the central choice for crypto whales.
One crypto whale has reportedly purchased 840.86 billion coins from Binance, proving how strong the popularity quotient of PEPE is at the moment.
Also Read: PEPE Investor Turns $3,000 Into $32 Million Amid Recent Rally
When will PEPE Hit $0.01?
With the bullish signals and popularity that the token has been documenting as of late, the coin could soon skyrocket to a new price.
According to data shared by Changelly, PEPE could soon outshine other tokens to reach a new ATH.
“According to the technical analysis of PEPE prices expected in 2024, the minimum cost of Pepe will be $0.0000000438. The maximum level that the PEPE price can reach is $0.00000308. The average trading price is expected to be around $0.00000612.” The Changelly data is further noted.
For March, Changelly predicts the meme coin to breach the threshold of $0.00000568.
“Based on the price fluctuations of Pepe at the beginning of 2023, crypto experts expect the meme coin to reach an average rate of $0.00000568 in March 2024. Its minimum and maximum prices can be expected at $$0.00000537 and $$0.00000600, respectively.”
With the current price momentum and surging popularity that the coin has been witnessing, it wouldn’t be long for the crypto to break into the $0.01 trail. At press time, the token is up 10.16%, trading at $0.000007119.