🐸 PEPE Rally Gains Momentum as Token Nears All-Time High
PEPE has been on a tear in the past 24 hours.
The token is now trading at $0.0000111 – putting it just 4% away from the all-time high of $0.0000115 set last Wednesday.
After tapping that high, PEPE endured a 23% pullback over the following four days as traders cashed in some profits.
But that downturn was short-lived, with buyers returning to resume the rally.
PEPE APPROACHING NEW ALL-TIME HIGH AS BONK, CWIF, SEALANA ALSO SURGE
Pepe Approaching New All-Time High as Bonk, CWIF, Sealana Also Surge
Author: Felix Mollen
Last Updated May 21, 2024 @ 20:44
It’s been a great start to the week for meme coin traders as Pepe (PEPE) approaches a new all-time high.
Other popular tokens, like Bonk (BONK) and catwifhat (CWIF), are also pumping.
Meanwhile, viral presale project Sealana (SEAL) continues to draw praise ahead of its first exchange listing.
PEPE Rally Gains Momentum as Token Nears All-Time High
PEPE has been on a tear in the past 24 hours.
The token is now trading at $0.0000111 – putting it just 4% away from the all-time high of $0.0000115 set last Wednesday.
After tapping that high, PEPE endured a 23% pullback over the following four days as traders cashed in some profits.
But that downturn was short-lived, with buyers returning to resume the rally.
Now, PEPE could be gearing up for a second attempt at shattering its record value.
The momentum is clearly there, with trading volumes elevated and meme coin mania returning to the market.
If PEPE can successfully pass the $0.0000115 hurdle, there’s no telling how far the rally could go.
PEPE would be in price discovery mode – meaning that its price could surge even higher as it navigates uncharted territory.
Investors are excited about this possibility, with prominent traders like Plazma tweeting about the token multiple times in the past day