Pepe Coin price has shown varying market performance recently, displaying both short-term fluctuations and long-term trends. Based on the most recent information, Pepe  the Ethereum meme coin has a value of $0.000006416, showing a rise of 5.43% in the last day.

Nevertheless, when looking at the coin’s performance on a weekly basis, there has been a significant increase of 21.33%, suggesting a favorable trend in the medium run. However, this increase sharply differs from the 19.47% decrease seen in performance over the previous month.

Pepe Coin is ranked at 44th among cryptocurrencies based on its market capitalization of $2.7 billion, according to CoinMarketCap.

In the last 24 hours, the trading volume reached $888.81 million, having increased by 34.55%, demonstrating a heightened trading activity.

The ratio of volume to market cap, commonly used to assess a cryptocurrency’s liquidity and trading activity, is currently 32.66%. This shows that Pepe Coin has a relatively high level of liquidity.

Analyzing Pepe Coin’s tokenomics reveals a circulating supply of 420.69 trillion PEPE, matching the total and maximum supply.

The token’s past price trend shows highs and lows, reaching its peak on March 14, 2024, hitting $0.00001074. Nevertheless, the coin has since witnessed a downturn of 39.7%, suggesting a phase of consolidation and possible reassessment by investors.

Factors That Could Drive Up Pepe Coin Price

Various factors could potentially propel the value of PEPE to  reclaim its all-time high.

1. Pepe Coin’s Coinbase Listing

The possibility of Pepe Coin (PEPE) being listed on Coinbase, a top cryptocurrency exchange, may act as a major driver for the coin to rise and potentially reach its highest value again. As the overall cryptocurrency market shows signs of improvement, investors are more open to increased risks, which includes looking into meme coins like Pepe.

tional players outside the United States.

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