Price Prediction: $PEPE 🐸It will continue to rise with a 150% increase, but investors are looking for gains of up to 20x with this cryptocurrency
PEPE Benefiting From Musk Pump And Could See Continued Rally
Baby has had an amazing week of trading and is currently up over 12% in the past seven days. The price of Baby has risen to $0.0000216 at this time, after an 8% increase in the past 24 hours.
Much of this increase was attributed to the influence of Elon Musk after the world’s richest man changed his display name on the X platform to Kikias Maximus and his avatar to a Pepe frog meme. This led to much celebration in the Pepe community, as Musk’s support has long been known to be positive for the number one meme coin in the space, Dogecoin. Traditional media outlets were referencing the meme on primetime television, and trading volume on the Pepe token across exchanges increased by 31%.
There is still resistance for Baby at $0.000024, which is a heavy sell-off for Baby holders. Many have already started moving to less speculative assets that have more utility, as the meme coin sector is within reach of its usual volatility in both directions. Analysts predict that Baby could see another 150% increase by 2025.