Can PEPE coin rise 100 times to $30 in the next 30 days?
In cryptocurrency, prices are always fluctuating, and PEPE is no exception. People are curious: Can PEPE skyrocket 100 times in 30 days?
In this PEPE price prediction, we will discuss everyone's speculations, look at the factors that can drive up the price, and then determine whether this bold target can be achieved. Let's take a look and see if PEPE can soar!
How has PEPE's price been recently?
Currently, the price of PEPE coin is $0.00001795, with a daily trading volume of $2.47 billion and a market capitalization of $7.55 billion, accounting for 0.23% of the market. In the past 24 hours, this coin has risen by 1.19%.
The highest price for PEPE was on December 9, 2024, when it reached $0.00002830. The lowest price was on April 14, 2023, when it fell to $0.0000101057. Since then, the lowest price has been $0.00001443, and the highest has reached $0.00001975. Although there has been some recent activity, market sentiment remains somewhat pessimistic, with a fear and greed index of 70, indicating that people are still a bit greedy.
PEPE currently has a total supply of 420.69 trillion coins, which is also its maximum supply.
So, can PEPE rise to $30 in the next 30 days, multiplying 100 times?
This depends on several factors, such as how the large holders are moving their funds, what the market sentiment is like, and the overall market conditions. Recently, large holders have been buying a lot of PEPE, withdrawing many from exchanges, thus reducing the circulating supply.
In the past 20 days, a large holder withdrew 33.709 billion PEPE, spending $6.92 million, showing great confidence. They now hold over 100 trillion PEPE, and with this purchase, the price has increased by more than 20%, with the market cap exceeding $9 billion.
With large holders buying like this, the supply is tightening, and the price of PEPE may rise in the short term. Additionally, with Binance US listing, enthusiasm is high, new investors are coming in, and trading volume has also increased. PEPE has risen by 1444% this year, indicating significant potential.
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