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PEPE’s value increases by more than 4% within 24 hours.

The cost of PEPE has experienced a substantial rise of over 4% in the past day, with the majority of measurements and indicators indicating a positive trend for the memecoin.

PEPE had a small drop after reaching its highest point, but it is now displaying indications of improvement. If this pattern persists, there is a chance that PEPE may reach its all-time high again soon.

It appears that PEPE has been experiencing a strong upward trend in its recent market performance.

The value of PEPE experienced a significant increase last month, rising by more than 130% and reaching its highest point ever. Although there were some corrections in its price after reaching this peak, the memecoin’s value has bounced back in the past 24 hours.

As reported by CoinMarketCap, PEPE has experienced a 4% growth in its price over the last 24 hours, and is currently valued at $0.00001524. Its market value stands at $6.41 billion, ranking it as the 19th most valuable cryptocurrency.

Despite the recent rise in price, feelings towards PEPE are still relatively negative, as shown by its sentiment chart and level of social activity.

What Can You Anticipate from PEPE?

A study of Santiment’s information showed a decline in the amount of PEPE available on exchanges, indicating a surge in buying interest from investors. When combined with an increase in open interest, this hints at a potential continuation of the current price trend.

According to AMBCrypto’s assessment, a number of measures such as Chaikin Money Flow (CMF) and Money Flow Index (MFI) show that the upward trend may continue. However, the MACD indicator indicates the possibility of a negative crossover that could interrupt the bullish uptrend.

If the ongoing surge in bullish market sentiment continues, there is a possibility for PEPE to reach its record high of $0.00002 in the near future. However, if market sentiment turns bearish, there is a chance for PEPE to decline to $0.000012.

To discover more information on PEPE’s projected price for 2024-25, please click on the link provided.