PEPE Surpasses dogwifhat (WIF) and Ripple (XRP) in Trading Volume: Analyst Predicts Timing of New ATH for Frog-Themed Meme Coin

Pepe Coin (PEPE), the frog-themed meme coin, has outperformed several well-established cryptocurrencies in terms of 24-hour trading volume. According to a tweet by analyst Pebre, PEPE’s trading volume has surpassed that of Dogecoin (DOGE), Binance Coin (BNB), Ripple (XRP), dogwifhat (WIF), Shiba Inu (SHIB), and Floki Inu (FLOKI).

Pebre emphasizes the importance of PEPE’s trading volume, noting that it is greater than the combined volume of WIF and SHIB. The analyst strongly believes that this is a clear buy signal for investors and urges them to purchase PEPE immediately.

Coincodex Predicts 221.55% Price Surge for Pepe Coin

Coincodex, a prominent cryptocurrency price prediction platform, has released a bullish forecast for Pepe Coin. According to their current prediction, the price of Pepe Coin is expected to rise by an 221.55% and reach $0.00003326 by June 15, 2024. This projection suggests that PEPE could potentially achieve a new all-time high in the coming weeks.

The platform’s technical indicators currently show a “Bullish” sentiment for Pepe Coin, with the Fear & Greed Index indicating a score of 70, which represents a state of “Greed” in the market.

Over the last 30 days, Pepe Coin has recorded 20 green days out of 30, representing a 67% positive price movement. The cryptocurrency has also demonstrated a price volatility of 19.67% during this period.

Based on the Coincodex forecast, the platform suggests that now is a good time for investors to buy Pepe Coin, as the cryptocurrency appears to be poised for significant growth in the near future.

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Pepe Coin Price Performance and Market Ranking

Pepe Coin (PEPE) is currently ranked #27 on CoinMarketCap, with a price of $0.00001065. The meme coin has experienced a 6.2% decrease in price over the past 24 hours. However, PEPE has shown strong performance over longer timeframes, with a 28% increase in the last seven days and a substantial 112% surge in the last 30 days.

Pepe Coin’s remarkable 24-hour trading volume, surpassing that of several established cryptocurrencies, has positioned the frog-themed meme coin as a strong contender in the market. With analysts like Pebre recommending immediate investment in PEPE and Coincodex predicting a price surge in the coming weeks, the cryptocurrency appears to be gaining momentum.

Read more: Crypto Analyst Explains Why He Sold All His Bitcoin (BTC) and Is Now Fully Invested in These Altcoins

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Felix Küster
Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

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