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PEPE’s Roller Coaster Ride: After Rebounding, It Fell 13%. What Should I Do with What I Have?
PEPE outperformed its competitors with a 90% return rate, making 96% of holders profitable. Prices soared, rising 116% in 24 hours and 300% in 90 days, attracting investor interest. Despite a 13% drop after the rebound, PEPE remains strong in the market, buoyed by optimistic forecasts and strong trading volumes.
Even with this slight drop, PEPE has solidified its dominance among meme coins. Token holders have reason to celebrate, with this month's returns reaching 90% and 96% of tokens turning profitable. PEPE's surge in value over the past month has been remarkable, contributing significantly to its overall success.
PEPE has soared 116% in the past 24 hours and 300% in the past 90 days, drawing attention from both seasoned investors and newcomers. However, it experienced a 13% setback following a massive rally to new all-time highs. Currently, PEPE is trading at an average price of $0.0000145, with a market cap of $6.12 billion and a 24-hour trading volume of $2.33 billion.
Despite the recent downturn, optimism remains. CoinCodex predicts PEPE could rise by 226.50% to $0.00004815 by the end of June 2024. Technical indicators show neutral sentiment, and the Fear and Greed Index is at 73, indicating a tilt toward greed. As PEPE gains attention, other meme coins like Dogecoin (DOGE) have also seen significant gains, with prices up 30% in the past 90 days. Despite DOGE’s impressive performance, it has been overshadowed by PEPE's popularity.
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