Pepe (PEPE) is hopping higher! 🐸 The memecoin bounced 17.85% and is currently trading at $0.00001340. The rise in trading volumes suggests traders are feeling bullish about PEPE. Three indicators hint at a potential 50% price increase by June's end.
- PEPE's rising wedge pattern suggests a 70% gain ahead.
- Whale accumulation signals market confidence. The largest investors are holding steady and smaller holders are accumulating during price dips.
- The Federal Reserve's potential rate cut in September could boost PEPE's rally.
Lower bond yields increase the appeal of non-yielding risk assets like cryptocurrencies. So, traders might be eyeing riskier memecoins like Pepe, Dogecoin (DOGE), and Bonk (BONK). Remember, always do your own research before making any investment decisions.