Will PEPE reach $0.00005 soon?

Few tokens are launched and become the subject of discussion in less than two weeks. But that's exactly what happened to PEPE after generating an impressive 2,700% increase fourteen days after hitting the market.

Interestingly, this happened at a time when the broader market was recovering from the November 2022 crisis. However, some traders considered that PEPE's stay in the market would be temporary.

But that is not the case as the meme coin has become a household name in the ecosystem. Now, let's take a look at the token's price prediction from 2024 to 2030.

Pepe (PEPE) market status

At the time of writing this article, the price of PEPE was $0.0000083. This value increased by 4.90% in the last 24 hours. In the same period, traded volume increased by 25% and reached US$765.90 million.

PEPE is ranked 30th in terms of market capitalization and its valuation is US$3.50 billion. In terms of maximum supply, CoinMarketCap shows that the project has 420 trillion tokens. Interestingly, 100% of the tokens are in circulation.

If you intend to buy PEPE, you can purchase it on centralized exchanges at Binance, OKX, Gate,io and Bybit. However, PEPE is also available on decentralized exchanges on Uniswap v2 and v3 as it is built on the Ethereum blockchain.

Pepe (PEPE) Price Analysis

The breakout of PEPE in 2023 is one of the reasons why the crypto market could break out of the bear cycle. However, price action has been sideways for some time, suggesting the token may have peaked. But this may not be valid. Therefore, Coin Edition analyzes price predictions from 2024 to 2030 in this segment.

Pepe (PEPE) Price Analysis – Bollinger Bands

At the time of writing, volatility around PEPE has started to increase. This is indicated by Bollinger Bands (BB). Increased volatility can give rise to price increases.