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Pepe Coin (PEPE) has seen several developments in recent weeks. After hitting a high in May 2024, it fell by 17% and settled at important support near $0.000014 at the beginning of June. Trading volume fell by about $3.1 billion, which may indicate weak selling pressure and the possibility of an imminent recovery.
Interest in the currency has increased significantly after the return of the famous trader “Roaring Kitty” (Keith Gill) to social media platforms. The Roaring Kitty account, which had been inactive since June 2021, posted a photo of its return, leading to a significant increase in Pepe's circulation and its value.
The outlook looks very positive. According to some analyses, Pepe is expected to see a rise of up to 230%, which could take its value to new highs. Analysis also indicates the possibility of gains of up to 30% in the short term, with the price potentially exceeding the $0.000020 barrier.
It is worth noting that the currency's recent performance has been characterized by sharp fluctuations, as it witnessed significant price increases followed by rapid corrections. These moves sparked the interest of traders and investors, making Pepe one of the most popular cryptocurrencies of the period.
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