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Pepe Price Prediction: Is PEPE the Next Dogecoin in 2024?

Pepe Price Prediction: PEPE, an Ethereum-based meme coin, has seen a significant rise in price, reaching an all-time high after a significant increase in market activity. In the past 24 hours, Pepe's price rose by 24.65% to $0.00001383. This increase raised its market value to $5.82 billion, placing it ranked No. 21 among cryptocurrencies. Investors appear to have turned to PEPE, while withdrawing their investments from legacy coins such as Dogecoin (DOGE) and Shiba Inu (SHIB).

Trading volume over the past 24 hours also showed a big jump, rising by 89.75% to $4.43 billion, accounting for 76.14% of the market capitalization. The circulating supply remains at 420.69 trillion PEPE, which is the total and maximum supply of the memecoin.

Pepe Price Prediction: What's Next for the Popular Memecoin?

The Pepe meme has seen a notable upward trend this week, reaching new highs driven by strong upward momentum. The increased business activity demonstrated the market's strong confidence in Beebe's continued growth.

Over the past week, Pepe has risen by more than 21%, with a monthly increase of more than 119%.

Technical indicators are showing bullish momentum