Pepe Surges 10% to Take Charge of Meme Coin Rally: Key Points to Monitor This Week
PEPE coin (PEPE) has seen a 10% increase in price in the past 24 hours, maintaining its positive growth trend while other meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) are experiencing losses. PEPE’s price is currently at $0.000001637 and its market capitalization is around $644 million.
PEPE’s relatively lower market capitalization makes it more amenable to new capital influx and allows for potential uptrends. It has the potential to breach the $0.000002 price level if the current price rally is sustained. PEPE quickly climbed the ranks and is currently ranked 68th among cryptocurrencies by market cap. Its steady climb up the ranking ladder is another event to watch out for this week.
While reclaiming its all-time high of $0.000004354 might be difficult in the short term, PEPE has shown little wins and milestones that cannot be ruled out. It remains to be seen if PEPE can sustain its momentum and continue its growth trend.
PEPE appears to be winning the meme coin dominance war, attracting new money across the board. Market analysts believe it is only a matter of time before it surpasses SHIB in popularity and market value.
Overall, PEPE coin is experiencing positive growth and has the potential for further uptrends. Its relatively lower market capitalization and increasing popularity make it an attractive investment option compared to other meme coins like SHIB and DOGE.