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Certainly! Let's delve into the Pepe coin and its potential during the 2024 bull run.
Pepe, the infamous meme coin, had an explosive start after its stealth launch in mid-April. Within its first three days, it surged from $0.00000006036 to $0.0000004002, marking a 563% gain. This rapid rise sparked discussions about whether it could become one of the best meme coins¹.
However, like many cryptocurrencies, Pepe experienced volatility. Here are some key points from its price history:
- All-Time High (ATH): On 5th May, following announcement of listing Pepe, it reached an ATH of $0.000004354, with a market cap of $1.8 billion.
- Post-ATH Correction: Early investors took profits, causing the price to trend downwards.
- Recent Trends: Pepe saw a token sell-off in August 2023, followed by a rally in October 2023, breaking out of its long-term downtrend.
- Current Price: As of now, Pepe's price has declined in the last seven days and over the previous month¹.
Now, let's look at some price predictions for Pepe:
1. Short-Term (End of 2024):
- Our short-term prediction estimates that Pepe could reach $0.0000065 by the end of 2024.
- The Fibonacci retracement tool suggests an immediate short-term target of $0.0000031728¹.
2. Long-Term (2030):
- By 2030, Pepe's price could range from $0.0000001 (minimum) to $0.00002 (maximum)¹.
Remember that these predictions are speculative and subject to market dynamics. If you're considering investing in Pepe, keep a close eye on its performance and consider diversifying your portfolio with other cryptocurrencies
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