PEPE Hits New All-Time High: Can it Overtake Dogecoin?


Pepe has risen 5% in 24 hours to $0.00001668 while the crypto market hardly moves.

PEPE breached its ATH again, at $0.00001717 a few hours ago.

Since it rises 80% in a week, 141% in a month, and 1,000% in a year, it has the short-, medium-, and long-term momentum to keep going.

It may reach a new ATH in the next few days, and rate decreases later in the year may boost its market valuation.

PEPE Hits New All-Time High: Can it Overtake Dogecoin?
PEPE has been rising for about a week, making its chart positive.

Its relative strength index (purple) has recovered to 70 in recent hours after falling below 50 yesterday.

PEPE's 30-day average (orange) is likewise pulling away from the 200-day (blue), indicating a growth spike.

PEPE's indications have been high for long enough to anticipate the coin may correct shortly.

However, its 24-hour trading volume is close to $2 billion, up from $500 million a week earlier, indicating substantial interest.

Whales appear to be hoarding meme coins in anticipation of future profits.

Remember that we advised caution about PEPE a few days ago, but it has continued to increase, so it may break new records in the next days and weeks.

The meme token may even go bullish in the long run.

The freshly authorized Ethereum ETFs will begin next month, boosting demand and enthusiasm.

Second, if not the Fed, the ECB and Bank of England may decrease rates.

The PEPE price may profit more than other meme tokens and alts from a bull surge at the end of the year.

It might hit $0.00002 by July and $0.00004 by September.

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