The cryptocurrency industry witnessed the arrival of Pepe Coin ($PEPE ) in the canine-populated meme coin market. Despite the stronghold of Dogecoin (DOGE) and Shiba Inu ($SHIB ), PEPE managed to make headlines. After the success of SHIB, in particular, the industry witnessed the advent of new meme coins. While hundreds made their debut, only a few managed to stick around. PEPE was one among them. While the asset started the new year on a good note, the community is looking forward to its performance over the next couple of weeks.
PEPE Pockets Double-Digit Gains
PEPE’s recent performance during the last two months highlights how the coin has increased by 22.36%. This indicates a significant upward trend. The surge in its value may be linked to a number of causes, including increased interest in meme currencies, which has produced an optimistic attitude in the market.
CoinMarketCap Source 👇
Throughout the past week, the prominent meme coin PEPE managed to surge by over 11%. During the time of writing, the asset was trading at $0.0000206. Just a month ago, the cryptocurrency hit an all-time high of $0.00002825. PEPE currently trades 27% below this peak.
Mid-January Prediction
CoinCodex Source 👇
According to data from CoinCodex, the next few days are going to be extremely bullish for the meme coin. The asset is expected to surge all the way to a high of $0.00003068, which marks a 48% rise from its current price level on January 13. PEPE will reportedly witness a slight setback and be priced at $0.00002777 on January 15. The asset will surge by 34% from its present state in order to reach this mark. It is clear that investors in the meme coin will pocket big bucks over the next couple of days.
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