Pepe (PEPE) is a meme coin that has been gaining a lot of attention recently, as it has seen significant increases in its value. Despite the sharp volatility, Pepe’s price has risen by 12% in the past 24 hours, supported by a massive trading volume of around $1.2 billion.
The coin is currently fluctuating between important resistance and support levels, trading around $0.0000090 with resistance at $0.00000986 and strong support at $0.00000814. Some analysts are predicting further gains in September with a potential price spike that could see it gain up to 436%.
However, Pepe remains a high-risk coin due to its memetic nature, as it relies heavily on market trends and speculation.