Crypto Experts Foresee PEPE Memecoin Surging 100x by 2026 Amid Bull Market Hype
Cryptocurrency investors who previously struck gold with SHIB are now turning their attention to a new memecoin, PEPE, predicting a potential 100x surge by 2026. As the crypto bull market gains momentum, speculation around emerging projects like PEPE is intensifying. However, experts caution that this is not financial advice, and investors should conduct thorough research before diving in.
Crypto Titans Predict New Memecoin PEPE Could 100x by 2026
Cryptocurrency magnates who amassed a $10 million fortune with SHIB now claim a new meme currency, Codename: Pepe, could surge 100 times in value by 2026. This declaration has caught the attention of investors, especially amidst the current crypto bull market. With a nod to the success of SHIB, anticipation is building around lesser-known projects like Pepe. Disclaimer: This article does not represent investment advice. The content and materials featured are for educational purposes only.
Pepe Price Could Soar Amid Exchange Supply Decline and Whale Accumulation
The PEPE price has been moving sideways this month but is showing signs of bottoming as exchange supply falls and whale accumulation intensifies. On Sunday, Pepe coin (PEPE) was trading at $0.0000075, slightly above the year-to-date low. On-chain metrics suggest that the value of PEPE could surge in the coming weeks, with the 365-day Mean Dollar Invested Age (MDIA) indicator surging to 128 from a November low of 35. This suggests that holders are confident in the coin and are not selling their tokens. Additionally, the supply of Pepe tokens on exchanges has continued to decline this year.
PEPE Price Analysis: Consolidation Signals Potential Breakout
PEPE, a popular memecoin on Ethereum, is currently consolidating between 0.00000720 and 0.00000728, holding above the 200 EMA with subtle bullish signs. The price shows flat momentum indicators and low volume, suggesting a potential breakout setup. Support lies at 0.00000720 and 0.00000716, while resistance is seen at 0.00000732 and 0.00000740. As of the latest data, PEPE is trading at $0.000007302, with a 24-hour trading volume of $304,213,992 and a 1.12% price increase in the last 24 hours, reflecting short-term bullish momentum.