PEPE Price Rally: What You Need to Know Now 🚀
If you’ve been following the recent surge in meme coins, you’ve probably heard about the impressive rally in PEPE’s price. However, it seems like the excitement might be winding down as investors start cashing in their profits. Here’s what you need to know:
PEPE May Not Overtake MATIC 📉
– PEPE’s market capitalization nearly hit $7 billion.
– This surge was fueled by an 80% increase in the coin’s price over the past week, making it one of the top 20 cryptocurrencies.
– During intra-day trading, PEPE outperformed Litecoin (LTC) and Uniswap (UNI) in terms of market cap.
– At one point, it even surpassed Polygon (MATIC), but eventually dropped back below it.
– If PEPE’s market cap crosses $7.2 billion, it could overtake Polygon again.
– However, this scenario is unlikely as investors are starting to take profits.
PEPE Price Prediction: All-Time High Stops Here 📉
– PEPE reached a new all-time high of $0.00001725 during Monday’s trading hours.
– The coin’s price has surged by 80% in the past week, climbing from $0.00001000 to nearly $0.00002000.
– With profit-taking on the rise, the rally may come to a halt.
– PEPE could retreat to around $0.00001500, but is expected to stay above the $0.00001430 support level.
– If the upward momentum continues, the coin could break through the $0.00001725 resistance.
– This would invalidate the bearish outlook and potentially set a new all-time high for PEPE.
By
By
By
By