PEPE Price Forecast: PEPE surges 30% to a record high, is 100-fold growth possible?
As the price of Pepe (PEPE) continues to soar to new highs, with PEPE up 30% in the past seven days, investors are asking whether it is possible for the meme coin to achieve 100x growth.
Currently, the trading price is approximately $0.00001350, with a market capitalization of approximately $5.7 billion. To achieve 100 times growth, Pepe's market value will reach US$570 billion. Almost all cryptocurrency experts agree that Pepe has little chance of reaching such a high market cap, at least in the short term. Pepe
Ethereum (ETH), the cryptocurrency that supports the most widely used and adopted smart contract blockchain, currently has a market value of only $450 billion.
Pepe Price Prediction – How High Can It Go?
While expecting 100x growth may be too ambitious given Pepe's already high market capitalization, its prospects remain strong.
As expectations grow for the U.S. Securities and Exchange Commission (SEC) to approve an Ethereum ETF, traders are actively buying the Ethereum-issued meme coin.
These traders appear to be betting that Pepe will be a major beneficiary of the accelerated growth of the Ethereum ecosystem. Currently, Pepe’s market capitalization is still 4 times lower than Dogecoin. In this bull market, Dogecoin may grow 2 to 3 times.
If Pepe catches up to Dogecoin, that means it still has the potential to grow 10x from now on. This would mean that the price of Pepe has the potential to remove another zero, reaching $0.00010.
An alternative to Pepe worth considering - the multi-chain meme coin Dogeverse (DV)
Most investors would be very satisfied with a 10x return. However, many memecoin investors are looking for larger gains of 50 to 100x. The best way to reap these bigger gains is to invest in a new meme coin early.
The Cryptonews team believes that one meme coin that fits this criteria is the Dogeverse.
Dogeverse is a new meme coin with unique cross-chain capabilities that is generating considerable excitement in the market.
Dogeverse aims to be the multi-chain equivalent of Dogecoin and will be launched on the six most popular blockchains (excluding Bitcoin).
Dogeverse’s cross-chain bridging capabilities further enhance its appeal, making it a “dog with superpowers.”
Currently in the pre-sale stage, Dogeverse has raised over $15 million. Interested investors should get in quickly before the token’s official launch.
Visit Dogeverse: https://cn.cryptonews.com/ext/dogeverse-cn/
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