Pepe Price Prediction as PEPE Pumps Up 30% and Hits a New All-Time High – 100x Possible?
While aiming for 100x gains is likely overly
ambitious given Pepe's already large market
cap, its outlook remains strong.
As the Pepe (PEPE) price continues to pump to new record highs, with PEPE up 30% in the
past 7 days, investors are asking whether
100x gains for the meme coin might be
possible.
G cryptone Pepe was last trading around $0.00001350 giving it a market cap of around $5.7 billion. 100x gains would see Pepe reach a market cap of $570 billion. Almost all crypto experts would agree that, in
the short-term anyway, Pepe doesn't stand
much chance of going this high. Ether (ETH), the cryptocurrency that powers the most widely used/adopted smart-contract-enabled blockchain Ethereum, only has a market cap of $450 billion.These traders seem to be betting on Pepe as a major beneficiary of accelerated Ethereum ecosystem growth.
Pepe's market cap is still 4x lower than
Dogecoin's. And Dogecoin could yet 2 or 3x
this bull market.
If Pepe catches up, that means it could still
post 10x gains from here. That would imply that the Pepe price has the
potential to erase another zero to hit
$0.00010. Traders have been buying the Ethereum- issued meme coin aggressively amid growing
expectations for Ethereum ETF approvals
from the SEC.
Most investors would be more than happy
with 10x gains. But many meme coin
investors are hunting bigger upside of 50-
100x.The best way to bag these bigger gains is to get in early on a new meme coin gem.
One meme coin that the team at Cryptonews
thinks fits this bill is Dogeverse.
