#ETHETFsApproved #PEPE #FIT21 #btc70k #altcoins $BTC $PEPE $ETH
Here are some bullish news about Pepe (PEPE) ¹ ² ³:
- *New All-Time High*: PEPE hit an all-time high on May 13, 2024, reaching $0.00001088 and a market cap of $4.5 billion, surpassing established tokens like Uniswap (UNI) and Render (RNDR).
- *Increased Trading Volume*: The bullish momentum surrounding PEPE has caught the attention of traders and analysts, fueling optimism for its future performance, with technical analysts attributing this surge to the coin’s growing popularity and increased trading volume.
- *Growing Popularity*: The meme coin’s success reflects a broader trend where digital assets, initially created as internet jokes, gain substantial market traction and investor confidence.
- *Price Growth Prediction*: Renowned crypto trader MacnBTC predicts that PEPE might experience a brief consolidation period before embarking on another upward trend, potentially pushing its value even higher to $0.00001555.
- *Increased Open Interest*: Futures data shows open interest on pepe-tracked instruments spiked up in the past 24 hours, rising to $720 million from last week’s $550 million, which may foreshadow further price volatility.
PEPE’s recent achievements have solidified its position as a noteworthy player in the crypto market. With analysts predicting further price growth, the meme coin’s trend is one to watch closely.