Pepe (PEPE) witnessed an impressive 30% surge on Monday, reaching its highest levels since July 2023, hovering just below $0.0000018. 📈🐸 This upward movement coincided with Bitcoin reclaiming $54,000, sparking increased risk-taking across the crypto market. 🚀
Despite an unsuccessful attempt to surpass its 2023 highs, Pepe saw its trading volumes triple, surpassing $460 million on major exchanges. This surge may indicate whale buying or heightened retail trading activity. 🐋📊 The prevailing bullish momentum in the crypto market suggests upward price risks for Pepe. 📈🐳
Looking forward, a convincing break above the $0.00000188 resistance could potentially lead to a 150% upside, bringing Pepe's market cap back to the $1.8-9 billion range. 📈💰 With Pepe's established brand, there's speculation that it could achieve a market cap around $10 billion in this bull market, offering gains exceeding 10x from current levels. 🚀🐸
While these gains are significant, meme coin enthusiasts aiming for returns closer to 100x might explore newly launched coins like Frogwifhat (FWIF), considering Pepe's current market cap is deemed too inflated for such substantial returns. 🐸💸 $PEPE #CryptoPredictions