$PEPE Can Bitcoin leverage its momentum to reach new highs in November 2024?
PEPE has had a rough time before, but recently it has rebounded alongside Bitcoin, seemingly bringing hope. Let’s discuss whether PEPE can ride this wave to reach new highs in November 2024.
What’s the situation with PEPE now? The price is approximately $0.000009554, to be honest, it’s still 43% lower than its previous high of $0.00001718. That peak was just five months ago, in May 2024.
However, PEPE's trading volume has surged by 54% recently, now trading $790.8 million a day. That said, this volume is still down compared to before, especially over the past week and month, which has seen quite a drop.
Regarding the price prediction for November, I feel PEPE might continue to rise, potentially reaching $0.00003777. Of course, it depends on market conditions; CoinCodex mentioned that prices could fluctuate between $0.00002935 and $0.00004481. If you buy PEPE now and sell when the price rises, the returns could be substantial, potentially up to 369.94%!
PEPE has indeed climbed out of the trough, starting from its historical low in April 2023, it has risen by 32397%, indicating that it can capture market demand. Therefore, I believe PEPE investors might enjoy some gains in the coming months. That said, whether this coin can continue to rise still depends on its own performance.
If you have any other questions, feel helpless or confused about trading, or want to learn more about cryptocurrency and get the latest insights, please like and comment. I’ll patiently help you with your questions.
