Pepe, one of the most iconic internet memes turned cryptocurrency, has recently been trending on CoinMarketCap, charting its price path. The token has been the center of global attention and activity since its launch, and it has embraced the bullish market flow to breach new price levels.
According to Coinmarket, the token is trending at the topmost level on the index, beating its contemporaries out of the way. The token is currently trading at $0.00000781, up 7% in the last week. But the perennial question remains: whether PEPE will be able to drop a zero this time to reach a new price high?
Also Read: Pepe Price Prediction: When Can It Hit $0.00002?
Pepe Mid-May Forecast: What’s the Status?
Launched as a tribute to the PEPE the Frog internet meme, the token has come a long way since its launch in 2023. The frog-inspired meme token broke several records upon its launch, skyrocketing to new price levels while begetting several millionaires in its wake.
According to CoinCodex, The token can surge up to 70% by May 20, trading at $0.00001297. Pepe is expected to rise by 200% by the end of May 2024 to sit at the price level of $0.00002635.
“The price of Pepe Coin is predicted to rise by 229.30% and reach $0.00002635 by June 7, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 64 (greed). Pepe Coin recorded 18/30 (60%) green days with 16.50% price volatility over the last 30 days.”
Pepe 2024 Price Forecast
Per CoinCodex, the frog-themed token is aggressively moving toward its goal, moving forward to establish a new price high. The token may surge up to 300% by the end of 2024, trading at a staggering $0.00003797.
“Pepe Coin is forecasted to trade within a range of $ 0.08001 and $0.00003797. If it reaches the upper price target, PEPE could increase by 381.67% and reach $0.00003797.”