Pepe Coin ($PEPE ) has made a notable entry into the dog-dominated cryptocurrency industry. The meme coin has seen impeccable growth over the past few months. About four months ago, the asset hit an all-time high of $0.00001718.
But the fierce tide in the crypto market has hit the frog-inspired coin hard, as it has slid and is now 43% below its peak.
At press time, the meme was trading at $0.000009716 after falling 6.19% over the past 24 hours, which came as a shock to many as Pepeâs price has been on the rise.
Some analysts even suggest that the meme coin could hit $0.000012 if this trend continues. A successful break of the $0.000015 barrier could lead to a significant increase. A significant rally could occur, with gains of up to 50%. But the meme coinâs latest slowdown could reverse in the next few days. So PEPE holders will have to keep an eye on the asset.
PEPE Coin Price Prediction October
It seems that the bears are giving way to the bulls in the PEPE market. According to data from Changelly, the meme coin is set for a bullish month ahead. The average cost of the asset will be around $0.0000190.
According to crypto experts, the price of PEPE could skyrocket to a high of $0.0000277. The minimum price at which the asset will trade in October 2024 is $0.0000103.
As the asset hits a new high, the majority of its holders will be in profit. PEPE investors can breathe a sigh of relief, as the âUptoberâ gains are likely to be realized.
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