$PEPE $PEPE Current Pepe price

The price of Pepe against the US dollar is updated in real time. Pepe is now trading at $0.00001609 (PEPE/USD) with a live market cap of 6.8B. Trading volume in 24 hours reached 1.7B US dollars and the currency moved -2.40324% negative. The circulating supply is 420.7T, Pepe and the currency movement is negative.

Fundamental analysis of Pepe

Fundamental analysis aims to evaluate the fundamental value of assets, while technical analysis involves studying statistical patterns in the price and trading volume of those assets. Both techniques are used to analyze and forecast possible developments in the price of an asset in the future.

In the case of PEPE the simplest way to perform fundamental analysis is to look at supply and demand dynamics. In addition, the value of market cap (6.8B) and circulating supply (420.7T) can be considered to arrive at reasonable price assumptions for the future. On the demand side, on-chain data related to the number of active addresses, new addresses and the number of transactions can be considered.

What affects the price of Pepe coin?

There are a number of variables in the cryptocurrency market that can influence the price of Pepe coin up or down. The main force behind the value of Pepe's assets in the market is supply and demand. Whether the demand for more PEPE increases or decreases depends largely on increasing adoption.

Furthermore, important events such as updates may play$BTC #pepe⚡