In the crypto-verse, meme coins and tokens have made much noise lately due to Solana’s recent blockchain activity, giving the tokens a much-needed energy boost. With Solana meme coins DogWifHat and Maneki charting out their unique price paths, Ethereum’s Pepe is also leaving no stone unturned to rise to the top of the meme coin game.
According to CoinMarketCap, Pepe surged nearly 40% last month, trading at $0.000008386 at press time. Here’s how Pepe will surge in May 2024.
Also Read: Pepe Price Prediction for Mid-May: Will It Delete a Zero This Month?
PEPE to Rise By 200%?
The meme coin frenzy remains afresh within the crypto community as several crypto enthusiasts continue to trade and interact with multiple meme tokens.
Per CoinCodex, PEPE’s rife trading activity may help the token surge to new highs. The platform forecasts Pepe to spike by nearly 200% in May, trading at $0.00002887 by the end of the month. The platform further adds to how PEPE’s technical indicators look healthy, with pointers denoting the token’s trading momentum in green.
“According to our current Pepe Coin price prediction, the price of Pepe Coin is predicted to rise by 229.06% and reach $0.00002887 by June 11, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 56 (greed). Pepe Coin recorded 18/30 (60%) green days with 17.78% price volatility over the last 30 days. Based on the Pepe Coin forecast, it’s now a good time to buy Pepe Coin.”
Similarly, Pepe’s immediate price forecast also looks promising. The token may rise by nearly 40% by May 19, claiming a new price high in the process.
“The Pepe Coin price forecast for the next 30 days is a projection based on the positive and negative trends in the past 30 days. Based on these Pepe Coin projections, PEPE will be changing hands at $0.00001305 on May 19, 2024, gaining 48.76% in the process.”
Pepe 2024 Forecast: How High Can PEPE Truly Trade?
The beloved frog-themed Internet meme turned token, Pepe, has long been trading into a bullish realm. The token has continued to breach several price milestones and may hit a new price threshold by the end of 2024. Per Coincodex, the token may hit $0.00004161, surging nearly 300% in the process.
Also Read: Cryptocurrency: 3 New Coins Perfect For Newcomers To Trade In May
“Pepe Coin is forecasted to trade within a range of 0.0₅8775 $0.00004161. If it reaches the upper price target, PEPE could increase by 395.01% and reach $0.00004161.”
