News

PEPE’s Rollercoaster Ride: 13% Drop Post Rally, Holders Still Profit

  • PEPE outshines competitors with a 90% return, making 96% of holders profitable.
  • PEPE’s rapid price surge, up by 116% in 24 hours and 300% in 90 days, garners investor interest.
  • Despite a 13% drop post-rally, PEPE maintains market strength with bullish projections and robust trading volume.

Despite a slight decline in its value, PEPE has asserted its dominance among meme coins. Holders of PEPE tokens have every reason to rejoice, with a remarkable 90% return this month propelling a staggering 96% of them into profitable territory.

Read CRYPTONEWSLAND on google news

The surge in PEPE’s value over the past month has been truly remarkable, significantly contributing to its overall success. Soaring by 116% within the last 24 hours and an impressive 300% over the preceding 90 days, PEPE has captured the attention of both experienced investors and newcomers alike. Nonetheless, amidst this remarkable ascent, PEPE encountered a minor setback, experiencing a nearly 13% drop in its value following a monumental rally that saw it achieve a new all-time high.

Currently trading at an average price of $0.0000145, PEPE remains a formidable presence in the crypto market, boasting a market cap of $6.12 billion and a 24-hour trading volume of $2.33 billion. Despite the recent downturn, optimism prevails, with CoinCodex’s price projection hinting at a potential 226.50% surge for PEPE, reaching $0.00004815 by the conclusion of June 2024. Technical indicators suggest a neutral sentiment, while the Fear & Greed Index stands at 73, indicating a bias towards greed.

While PEPE enjoys its moment in the spotlight, other prominent meme coins like Dogecoin (DOGE) have also witnessed significant gains, with a 30% price increase over the past 90 days. However, despite DOGE’s respectable performance, it remains overshadowed by the illustrious PEPE.

Read also:

Bhea Lacsamana

Bhea is a fintech journalist specializing in crypto, with a unique blend of roles as a content creator, anthropologist, and qualitative researcher. Her articles dive into both financial technology and cultural traditions, reflecting her diverse interests. Catch her immersed in a book where her love for learning thrives.

Recent Posts

ICP Partners With UNDP and DFINITY Foundation to Boost MSME Financial Inclusion

#ICP Partners with #UNDP and #DFINITY Foundation to advance financial inclusion for #MSMEs using blockchain.…

9 mins ago

MANTRA and MAG Lifestyle Development Partner to Innovate Real Estate Investment in Dubai

#MANTRA and #MAG partner to #tokenize $500M in #Dubai real estate, offering 8% #APY and…

9 mins ago

Harness the 2025 Top Altcoins Tsunami: BlockDAG, Solana, and the Power Players

Get ready for 2025’s #bullrun with a close look at the top #altcoins like #BlockDAG,…

26 mins ago

Major Capitulation Event Shakes Crypto Market, When Will Bitcoin Price Turn to Recovery Phase?

#Bitcoin market rattled by #Mt. Gox and #German stakeholder #sell-offs, triggering widespread panic and #chart…

54 mins ago

Crypto Market Cap Dips Below $2 Trillion, WIll We See a Bottom Soon?

The #crypto market cap has plunged below #$2 trillion. Explore the reasons behind this decline…

1 hour ago