Pepe (PEPE), the meme coin known to everyone in the web3 space, has dominated meme cryptocurrency projects in 2023. PEPE started the major meme coin bull market in April 2023 and reached Huge market capitalization of $1.5 billion. Memecoins are associated with meme topics that often have no use case, and the PEPE memecoin is inspired by the “Pepe the Frog” meme, created by Matt Furie.

Pepe (PEPE) all time high price is 0.000004307 USD, recorded on May 05, 2023 and currently the current price is 63.23% lower than the all time high price of 0 .000001583 USD. After analyzing this position of PEPE, analysts predict that PEPE investors will not see many pumps in the future,

Investors believe that with over 420 trillion tokens in circulation and such a downward trend, it is highly unlikely that the price of Pepe (PEPE) can increase tenfold by 2024. Some analysts also predict predict that the 2024 price hike will focus on utility-based projects. powered by technology. After this prediction, many investors are looking for projects that bring convenience as well as potential profits.

Since the beginning of 2024, many projects have appeared, but projects that are community-centered and bring long-term amenities are still scarce. Among these, Algotech (ALGT) stands out as a special project that attracts the attention of large investors, especially "whales".

Investors believe that this project will not only bring 10 times more profits.

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