PEPE Token’s Bullish Returns, Price Surged 4% Today
Pepe Coin has become one of the most profitable meme coins ever since the beginning of the year due to its constant surges. With that, he achieved multiple all-time highs within the year, and the most recent was just 19 days ago. However, a downtrend began right after that, pushing the PEPE price 35% away, currently trading at $0.00001829 after a 4% surge in the last 24 hours.
Interestingly, this happened with the rising investor interest. Earlier, the PEPE’s trading volume peaked at $2.13 billion, indicating high investor activity and whale buying. Furthermore, the technical indicators show a strong buying zone, which could propel the PEPE price higher and out of this slump.
What’s In There For You?
Considering meme-themed cryptocurrency performance this year, many crypto investors turned bullish, with high returns. As a result, 2024 has become the year of meme coins, which users can consider buying after running proper technical analysis and market research. In today’s case, Pepe Coin is gaining strength on the charts after hitting ATH just a few weeks ago. Now, it has to see if the PEPE token will continue to benefit investors or if the PEPE price will struggle with a market dip.