On May 27, 2024, the top meme coin Pepe hit a new high of $0.00001718, driven by strong bullish momentum. The increased trading activity showed the market's confidence in Pepe's continued growth. However, the coin subsequently pulled back slightly.

Pepe Price Prediction: Can Memecoin Keep Upward Trend?

Over the past week, Pepe's price has increased by more than 3%, and the monthly increase is more than 149%, showing a continued bullish trend. Pepe's price fluctuated between $0.00001718 and $0.000015, forming a narrow trading range.

$PEPE has definitely decreased by more than 20%. Some people say that the meme wave is over and then memes will die, and if you look at the chart $PEPE , you can see that the price is still x2 compared to the beginning of May

I agree that the meme wave may calm down temporarily and give the stage to AI and RWA (there are a lot of good news in these two fields in the past 2 days), but I believe that memes will still exist and will still rise strongly and drive major cash inflows into the market

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