PEPE Price Up 16% After Arthur Hayes Endorses Pepe Coin, What's Next?

Pepe Coin (PEPE) price has experienced a noticeable increase, mirroring a broader market upswing. The PEPE is upward, supported by recent market gains. This trend underscores growing investor confidence in the asset, signaling a positive outlook for its future performance.

PEPE Price Rises as Arthur Hayes Withdraws Pepe Coin.

Pepe price has escalated by 26% over the last week. Recent market activity shows a significant uptick in interest following Arthur Hayes' recent endorsement. According to a tweet from Lookonchain, Hayes has promoted meme cryptocurrencies, specifically naming $MOTHER, $MOG, and $PEPE.

Further details reveal that Hayes withdrew 24.39B $PEPE, valued at approximately $252.68K, from Binance, a major cryptocurrency exchange, driving investor interest.

Today, the Crypto market exhibits a robust bullish trend. Bitcoin price has rallied above $65,000, a key factor propelling the upward trajectory of other digital currencies.

This rally is notably influencing the performance of various top meme coins. For instance, Dogecoin has risen by 9%, while SHIB has impressively surged by 16%. Additionally, WIF has increased by 7%. These gains are significantly boosting the prospects of PEPE, which is now poised for potential further gains as October approaches.

PEPE Price Eyes 90% Gain: Will It Break Critical Resistance?

The PEPE price hovered at $0.00001068, making a solid surge of 17%. This recent performance marks a notable recovery from its lower trading value at $0.00008886, reaching a high of $0.00001045.

Pepe price has reached a critical resistance level of $0.000011. If it breaks this barrier, The value could climb to $0.000012. In the wake of a strong market rally, it might even escalate to $0.000015. With sustained market enthusiasm, the altcoin could potentially hit $0.00002, gaining more than 91% during the upcoming bullish trend.

The daily technical indicators for the

PEPE price show a significant upward

movement in recent trading sessions.