The meme coin market underwent major changes over the past few months. Despite Dogecoin (DOGE) and Shiba Inu (SHIB) dominating the space, both these assets failed to reclaim their peak during the final rally of 2024. Amidst this crowd of dog-themed meme cryptocurrencies, Pepe Coin (PEPE) managed to shine. The fairly new asset managed to record a new peak before it stepped into 2025. In December, the meme coin rose to an all-time high of $0.00002825. But the recent market crash has forced PEPE to trade 72% below this milestone. The real question is if the asset can step up and reclaim this high or even record a new one?
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A Look At Pepe Coin’s Current Market
Over the past couple of days, PEPE was seen struggling. The asset dropped by a staggering 13% during the last seven days. A similar sentiment was carried on throughout this week as well. At the time of writing, PEPE was trading at $0.000007859. The asset recorded a 5% drop over the past 24 hours.
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When Will The Meme Coin Reclaim Its Peak?
According to data from CoinCodex, Pepe Coin is expected to witness a rally during this month as well as in June 2025. The firm revealed that the asset might drop a zero and rise to a high of $ 0.00002682. During the coming month, the meme coin is said to surge all the way to a high of $ 0.00003729. This marks a 376% rise from its current price level.
A $5,000 investment in PEPE Coin today, with the asset currently trading at $0.000007859, could grow to nearly $23,722.45 if the token reaches its projected high of $0.00003729 in June. This would represent a return of over 374% in a short time frame, highlighting the explosive potential. But also the high volatility of meme coins like PEPE in the crypto market.
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