PEPE, the frog-themed meme coin, set off 2023’s meme spring. After a quiet end to 2023, PEPE exploded in 2024, more than tripling its previous all-time high from the spring of 2023. Pepe has since broached a market cap of $4 billion, and the only two coins that stand in its way to the top of the meme coin charts are two of the OGs of the meme coin world, Dogecoin and Shiba Inu.
Where PEPE memecoin currently stands in August and Q3
As of now, PEPE is trading at $0.00000822 and has a market cap of $3.45 billion, per data from CoinMarketCap. More than 184,000 wallets hold $PEPE. The token has seen astronomical gains in recent months. In the past year alone, PEPE witnessed a growth of over 600%.
Although the PEPE meme coin’s price is below the 200-day Exponential Moving Average (EMA), and the overall market trend is declining, it has achieved an impressive intraday gain of 8.85%. This surge increases the chance of a bullish crossover in the Moving Average Convergence Divergence (MACD) indicator, where the signal lines intersect. If the market momentum sustains and pushes PEPE above the 200D EMA, the uptrend could potentially reach $0.000010. However, if the bullish momentum falters, the price may retreat to $0.0000060, testing the support level.
Source: TradingView
PEPE is nearing the end of its pullback phase in Q3, but the upcoming bull run faces potential hurdles at the declining 200D and 50D EMAs, which could lead to a death cross. A strong bullish finish to August could pave the way for a significant price surge, targeting $0.000012 by the end of Q3. Conversely, a bearish trend may find a support zone between $0.0000070 and $0.0000080.
PEPE Price Prediction 2024
According to various sources, the PEPE price could reach a maximum of $0.000127396 by the end of 2024. This forecast is based on the coin’s continued relevance in the meme space and the broader adoption of cryptocurrencies.
The PEPE coin is currently trading at a discount of 38.29% from its all-time high of $0.000004354. Nevertheless, the 500% YTD growth supports the possibility of an uptrend. In short, the price of PEPE in 2024 should change hands between $0.00000055 and $0.00000327396.
PEPE Price Prediction 2025-30
PEPE’s projections indicate a steady momentum, with a dive from $0.00000374061 to $0.00000731823 in 2025, settling for $0.00000552942. In 2026, the coin is predicted to juggle from $0.00000522174 to $0.00000829134, with a middle ground of $0.00000675654. The following years show continued uptrend, with prices seeing $0.00000591158 to $0.000009592 in 2027, $0.00000879936 to $0.00001186 in 2028, $0.00001089 to $0.0000131068 in 2029, and $0.0000123698 to $0.0000159546 in 2030, with corresponding mean prices of $0.00000775179, $0.00001032968, $0.0000119984, and $0.0000141622, respectively.
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