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

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Pepe Price Prediction:

PEPE, an Ethereum-based meme coin, has experienced a notable surge in price, achieving an all-time high amid a significant increase in market activity. In the last 24 hours, PEPE's price jumped by 24.65%, reaching $0.00001383. This surge has pushed its market value to $5.82 billion, placing it 21st among cryptocurrencies. Investors seem to be shifting their focus to PEPE, moving away from traditional meme coins like Dogecoin ($DOGE) and Shiba Inu ($SHIB).

The trading volume over the past 24 hours saw a substantial rise, increasing by 89.75% to $4.43 billion, making up 76.14% of the market capitalization. The circulating supply remains at 420.69 trillion PEPE, which is also the maximum total supply of the memecoin.

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

The Pepe meme has shown a significant uptrend this week, hitting new highs driven by strong market momentum. This heightened activity indicates the market's strong confidence in PEPE's ongoing growth. Over the past week, PEPE has risen more than 21%, with a monthly increase exceeding 119%.

**Technical indicators are showing upward momentum.**

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