28.9 C
New York
Friday, June 6, 2025

Pepe Value Prediction: Can $PEPE Attain 1 Cent?

Must read

Pepe coin ($PEPE) is stealing the meme crown with a jaw-dropping 57.9% month-to-month rally. Investor FOMO is spiking because the frog-themed token skyrocketed previous rivals, turning early believers into in a single day winners.

In a market clouded by profit-taking and liquidations, $PEPE stands alone, climbing almost 5% within the final 24 hours to turn into the one gainer among the many prime seven memecoins.

PEPE information the biggest acquire amongst prime memecoin/ supply: Coinwaft

This present of energy has ignited a daring query amongst merchants and crypto lovers alike: Can $PEPE attain 1 cent in the long run?

What’s Fueling the $PEPE “to” 1 Cent Narrative?

One of many most important drivers behind this daring value prediction is a latest publish shared by U.S. President Donald Trump on his platform, Reality Social.

The picture featured Trump with the caption, “HE’S ON A MISSION FROM GOD & NOTHING CAN STOP WHAT IS COMING.”

President Trump incorporates a $PEPE mascot/ Supply: Reality Social

Whereas the message seemed to be about Trump himself, eagle-eyed observers seen $PEPE’s iconic frog mascot subtly positioned within the background, marked in crimson within the picture above.

This sudden look has stirred bullish pleasure within the meme coin group.

In line with knowledge from CoinGlass, Open Curiosity in $PEPE jumped 9.81% over the past 24 hours, accompanied by a considerable 31.8% enhance in buying and selling quantity. Greater than $2.7 million price of $PEPE modified fingers throughout that point.

As well as, $PEPE’s Weighted Funding Price has remained constructive for 9 consecutive days.

$PEPE Funding fee/ supply: CoinGlass

This means that lengthy place holders (patrons) pay shorts (sellers), suggesting robust bullish sentiment because the contract value exceeds the spot value.

Search curiosity additional helps this rising enthusiasm.

Whereas down from its peak rating of 100 on Could 14, $PEPE’s present search curiosity index stands at 21, eight factors greater than Dogecoin, which boasts a market capitalization of over $32 billion.

$PEPE Vs $DOGE Google Search Curiosity/ Supply: Google Developments

Many merchants consider that if $PEPE continues to dominate public consideration, it may finally problem Dogecoin’s prime spot within the memecoin hierarchy.

Can $PEPE Realistically Attain 1 Cent?

Merchants nonetheless recall December 2024, when Elon Musk briefly modified his profile picture to a $PEPE-themed picture labeled “KEKIUS MAXIMUS.” That month, Pepe coin hit an all-time excessive of $0.00002825, about 49% above its present value.

Elon modified his dp to a PEPE character and now $PEPE memecoin is pumping. 🚀 pic.twitter.com/UhZFWEnpjF

— Open4profit (@open4profit) December 31, 2024

This celebrity-driven momentum continues to gas hypothesis round its future value path. To achieve a greater perspective, we requested Grok, xAI’s generative AI chatbot developed by Elon Musk, for perception.

In line with Grok, $PEPE is presently buying and selling round $0.000014 and has a market cap of roughly $5.9 billion.

Nevertheless, its circulating provide stands at an enormous 420.69 trillion tokens. This large provide makes greater value targets, resembling 1 cent, extraordinarily difficult.

Grok Prediction on $PEPE/ Supply: GrokAI

To achieve $0.01, $PEPE would want to surge by roughly 715,000%, pushing its market cap to round $4.21 trillion.

For comparability, that determine surpasses the valuations of main firms like Apple or NVIDIA and rivals the GDPs of enormous economies, making it an unbelievable state of affairs within the brief to medium time period.

Even Bitcoin, the highest cryptocurrency by market cap, has by no means reached such valuation ranges.

$PEPE Value Prediction: Technical Ranges to Watch

At press time, $PEPE/$USDT is buying and selling close to $0.00001375. A key help zone lies between $0.00001120 and $0.00001200, marking a latest breakout stage that bulls have efficiently defended thus far.

$PEPE highway to 1 cent/ Supply: TradingView

Holding this vary may set the stage for an additional transfer upward. On the upside, intermediate resistance is anticipated between $0.00001550 and $0.00001750.

These ranges may pose short-term limitations earlier than the token makes an attempt to retest its earlier excessive close to the $0.00002200 area.

The chart exhibits this stage as a key resistance space that have to be damaged for $PEPE to maneuver towards new all-time highs.

📈 #PEPE/USDT WEEKLY OUTLOOK$PEPE is forming a powerful double backside construction — bullish momentum is brewing. A possible pullback to the golden zone (0.618 Fib) gives a great lengthy setup.
🎯 Goal 1: 0.00001872
🎯 Goal 2: 0.00002745
The subsequent wave may very well be large —… pic.twitter.com/mRvG4JiCDR

— Rose Premium Alerts 🌹 (@VipRoseTr) Could 26, 2025

The Relative Energy Index (RSI) sits at 58.86, which is a impartial studying, not but overbought or oversold.

Nevertheless, a sustained break above $0.00001550 may open the door to retesting $0.00002200, whereas a drop beneath $0.00001200 would possible undermine the present bullish setup.

The publish Pepe Value Prediction: Can $PEPE Attain 1 Cent? appeared first on Cryptonews.

More articles

0 0 votes
Article Rating
Subscribe
Notify of
guest


0 comments
Oldest
New Most Voted
Inline Feedbacks
View all comments

Latest News