What are the price predictions for the crypto Pepe (PEPE) and what are its latest news? At the moment, the memecoin is following the general bearish trend of the market, with the price in a dump of -29% in the last seven days.
Pepe: the current price situation and the crypto forecasts
At the time of writing, Pepe (PEPE) is worth $0.0000083, in a dump of -11% in the last 24 hours and -29% in the last seven days.
Basically, the frog memecoin is following the general trend of the crypto market which seems to be quite bearish.
In fact, the price of Bitcoin has dropped to 55,340$, and Ethereum is in a dump of -16% in the last seven days.
Looking to the future, however, there are those who have published some price predictions for PEPE. This is Changelly, the non-custodial instant crypto-exchange, which keeps its prediction updated in real-time.
In the short term, Changelly seems to predict a change of course for PEPE with the price that could increase by 3.2% in 24 hours, reaching a value of 0.00001374 on July 14, 2024.
Changelly made these predictions based on the current data of PEPE as the Fear & Greed index shows a score of 29 (Fear). Another data point is the market sentiment which is currently 20% bull, against 80% bear.
Not only that, in the last 30 days, Pepe has had 12/30 (40%) green days and a price volatility of 9.47%.
Pepe: the long-term price predictions of the crypto
Continuing with its forecast, Changelly also looks at the long term. And indeed, the forecast table describes the minimum, average, and maximum price of PEPE for 2024, 2025, 2030, 2040, and 2050.
Specifically, the price forecast for PEPE for the end of this 2024, would be 0.0000099$ as a minimum and 0.00001099 as a maximum price.
For 2025, however, the price forecast of the crypto is 0.00001297$ as the minimum price and 0.00001699$ as the maximum price.
On average, Changelly sees that the price of PEPE for 2030 will be $0.00008799 and for 2040 will be $0.005099.
The price forecast for PEPE for 2050 is instead $0.0067 as the minimum price and $0.0073 as the maximum price.
The latest news
In reality, looking at Pepe’s official X account, there aren’t many recent updates for the memecoin. The latest tweets shared describe contests where users can win PEPE tokens.
For example, Crypto.com shared its contest dedicated to Independence Day on July 4th and only for users in the USA.
Happy Independence Day, US users! 
PSA: You don’t want to miss our massive giveaway featuring @pepecoineth 
US$1,000,000 in $PEPE
100,000 winners
Until 31 Jul
T&Cs apply
Learn More 
https://t.co/jRViap3Sdn pic.twitter.com/XWLqg7Y5U1
— Crypto.com (@cryptocom) July 4, 2024
“Happy Independence Day, US users! PSA: Don’t miss our huge giveaway featuring @pepecoineth: 1,000,000 dollars in $PEPE; 100,000 winners; Until July 31st. T&C apply”
Binance has put the memecoin up for grabs just to encourage users to use Binance Pay to make crypto payments.
Make crypto payments with ease.
Send $0.01 or more for the first time using #Binance Pay and you could win up to 200M @pepecoineth @pepe $PEPE.
Join now https://t.co/hx2dwZqSh9 pic.twitter.com/1OuuUvgzqW
— Binance (@binance) July 6, 2024
Make payments in crypto with ease. Send $0.01 or more for the first time using #Binance Pay and you could win up to 200M @pepecoineth.