- Increase in long-term holders: The total number of PEPE token holders is at an all-time high of approximately 218,000, indicating growing interest and investment in cryptocurrencies¹.
- Price increase: PEPE has seen an 18% price increase in the last 24 hours and an 85% increase in the last 30 days, with a market capitalization of 4.7 billion USD and a 24-hour trading volume of 2 .4 billion USD
- Bullish sentiment: The impact of whale activity and the growing number of long-term holders on PEPE's price and community cannot be overstated, often acting as a catalyst to increase attention and fuel speculative trading.
- Technical indicators: PEPE price is trending above the 50-day and 200-day simple moving averages (SMAs) and the price chart shows a bullish outlook, with resistance around $0.000014 and $0.000017
- Prediction: Predictions suggest that PEPE could reach $0.00005 by the end of 2024, fueled by growing interest, investment, and bullish sentiment². However, investors should be cautious as very few addresses control 65% of the token supply.