The price of Pepe Coin (PEPE) skyrocketed 100 percent in 14 days. Even today it is going well, more than 8 percent in the last 24 hours. Will it be able to have a market value of US $ 1 billion again?
On the ocean cryptocurrencies that’s on the upswing, there’s a token that’s making waves demand which is hard to ignore. One of these tokens, having made it through the storm, is now sailing towards new horizons.
The price of Pepe Coin, which had been at a low point, is now back in the spotlight, up more than 100 percent in just two weeks. Now speculation that the market capitalization could return to US $ 1 billion, began to rife.
Pepe Coin Price Up 100 Percent In Two Weeks
The spike in May 2023, where PEPE experienced an impressive rally, was followed by a deep correction throughout the month. However, cryptocurrencies The frog theme seems to have made a comeback requesther and begins the journey of recovery.
What’s more interesting is the intensity and speed rebounds This. After doubling from its June low, Pepe Coin’s price reflects growing investor sentiment, hinting at more surprises to come.
PEPE’s upturn in fortunes is partly due to the broader positive sentiment in the market cryptocurrencies. Influential players like BlackRock applying for a Spot Bitcoin ETF have brought renewed confidence. PEPErode on board this wave, managed to recover most of the value and continues to perform bullish.
Beyond All Meme Coins
While throughout cryptocurrencies While celebrating a mini recovery, Pepe Coin’s price has instead surged 100 percent higher from its June low and outperformed Dogecoin (DOGE) and Shiba Inu (SHIB), their fellow coin memes.
His awakening has revived his community. This excitement led to speculation that coin memes it may soon regain a market cap of US$1 billion. PEPE has previously entered a 15 percent increase in the last 24 hours, which puts its market capitalization at an impressive US$699 million, making it coin memes third largest.
Pepe Coin’s price, after a staggering recovery, now faces a lingering question: Can it reach another US$1 billion market cap? This digital asset is still far from the coveted mark that it reached in May 2023. To reach this threshold, PEPE will need an important catalyst such as being listed on other US-based crypto exchanges, not just Coinbase.
To keep the momentum bullish, it is very important for Pepe Coin to stay on top levels $0.00000140. If the price falls below levels this, the possibility of a longer correction.
A development like this could trigger another major rally, and a 100 percent gain would allow it to easily pass the US$1 billion market cap. Data from coinmarketcap showing that Pepe Coin’s price is firmly holding onto the gains from last week. During bull can maintain support above US$0.0000017, the probability of a sustained rally is very high. [ps]