$PEPE is a meme coin, which makes its volatility highly dependent on social momentum and popularity. Its bullish outlook depends on:

1. Community momentum: If interest continues and the user base grows.

2. Listing on major exchanges: Leads to higher liquidity and increased demand.

3. Cryptocurrency bull market: Any general rally can push meme coins higher as well.

However, be careful; meme coins are highly risky and their value is often based on speculation.