đđ¸ Analysts Predict a Massive Surge for PEPE Coin Soon đ¸đ
$PEPE Set for a Potential 10x Explosion
The crypto community is buzzing with optimism about the PEPE coin, even after it reached $0.0000172. Despite some investor skepticism, Crypto Rover asserts that #PEPE still has substantial growth potential.
In a recent tweet, Crypto Rover countered the notion that it's too late to invest in PEPE, suggesting the cryptocurrency could still experience significant gains. With a current market cap of $5.25 billion, he considers PEPE undervalued and anticipates considerable growth ahead.
Despite some doubts regarding its current valuation, Crypto Rover remains bullish on PEPEâs future. He predicts that in a bullish market, PEPE could easily achieve a market cap of $60 billion, representing a 10x increase from its current level. According to his analysis, a 10x increase from the current level could lead to PEPE dropping another zero from its price.
Venture Capital Firm Capitalizes on the Dip
Meanwhile, large institutions are seizing the opportunity presented by the current price drop to accumulate significant amounts of PEPE coins. Nascent, a venture capital firm, has purchased 447.67 billion PEPE tokens worth approximately $5.48 million from Binance.
This strategic move has already resulted in a 4.8% unrealized profit, amounting to $262,000, showcasing the firmâs confidence in the tokenâs potential rebound. With this acquisition, PEPE has become the leading asset in Nascentâs portfolio, generating an estimated total profit of $2.45 million, reflecting a 248% increase.