Can $PEPE leverage Bitcoin to reach a new high in November 2024?
This coin, PEPE, has had a rough time before, but recently, it has rebounded alongside Bitcoin, and it seems to see some hope. Let's discuss whether PEPE can ride this wave to achieve a new high in November 2024.
What's the current situation of PEPE? The price is about $0.000009554, to be honest, compared to its previous high of $0.00001718, it's still down 43%. That high was just five months ago, back in May 2024.
However, PEPE's trading volume has recently surged by 54%, now trading $790.8 million a day. But that said, this trading volume is still a decline compared to before, especially in this week and this month, it has dropped quite a bit.
Regarding the price prediction for November, I think PEPE might continue to rise, maybe it could touch $0.00003777. Of course, this depends on market conditions, CoinCodex mentioned that the price could fluctuate between $0.00002935 and $0.00004481. If you buy PEPE now and sell when the price rises, the returns could be significant, maybe even 369.94%!
PEPE has previously climbed out of a low point, starting from the historical low in April 2023, it has risen by 32,397%, indicating that it can still capture market demand. Therefore, I believe PEPE investors may taste success in the next few months. But that said, whether this coin can continue to rise will depend on its own performance.
If you have any other questions, feel helpless, confused about trading, or want to learn more about the cryptocurrency world and get the latest information, please like and leave a message. I will patiently help you answer.
