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Will the PEPE price 100x in the Next 30 Days?

Will the PEPE price 100x in the Next 30 Days?

CryptotickerCryptoticker2024/12/23 01:17
By:crypto newsPrasanna Peshkar

Cryptocurrencies are known for their wild price swings, and PEPE coin is no exception. With its meme-inspired roots and growing popularity, many are wondering: could PEPE coin achieve a massive 100x growth in just 30 days? In this PEPE price prediction article, we’ll explore the buzz around PEPE, look at the factors that could drive its price up, and discuss whether this ambitious goal is within reach. Let’s find out if PEPE is ready to leap to the moon!

How has the PEPE Price Moved Recently?

Will the PEPE price 100x in the Next 30 Days? image 0 PEPE/USD daily chart- TradingView

Pepe Coin is currently priced at $0.00001795 , with a 24-hour trading volume of $2.47 billion, a market cap of $7.55 billion, and a market dominance of 0.23%. Over the past 24 hours, its price has risen by 1.19%.

The coin hit its all-time high of $0.00002830 on December 9, 2024, while its lowest recorded price was $0.0₁₀1057 on April 14, 2023. Since reaching its peak, the lowest point Pepe Coin traded at was $0.00001443 (cycle low), and its highest price since then has been $0.00001975 (cycle high). Despite recent movements, the price sentiment for Pepe Coin remains bearish, with the Fear Greed Index indicating a score of 70, reflecting a state of greed in the market.

Pepe Coin's circulating supply currently stands at 420.69 trillion PEPE, matching its maximum supply of 420.69 trillion PEPE.

Will the PEPE price 100x in the Next 30 Days?

 

The question of whether PEPE Coin can 100x in the next 30 days hinges on several critical factors, including whale accumulation, market sentiment, and overall market conditions. Recent activity indicates that whales are heavily investing in PEPE, withdrawing significant amounts from exchanges and reducing circulating supply. 

Over the past 20 days, a whale withdrew 337.09 billion PEPE tokens, valued at $6.92 million, signaling strong confidence in the token's future. With over 10 trillion PEPE tokens accumulated by whales, this buying pressure has already fueled a rally of over 20% in the past week, pushing the coin’s market cap past $9 billion.

This concentrated whale activity creates a supply squeeze, making PEPE more likely to experience short-term price surges. The Binance.US listing has also reignited enthusiasm for the token, attracting new investors and boosting trading volume. PEPE’s year-to-date rally of 1444% underscores its potential for exponential growth when fueled by market momentum and strategic whale accumulation.

However, achieving a 100x growth in just 30 days would require its market cap to skyrocket to an astronomical $900 billion, surpassing even Bitcoin’s and Ethereum’s market caps combined. This scenario would necessitate extraordinary factors, such as a viral adoption wave, unprecedented retail FOMO (fear of missing out), or integration into major platforms.

While a 100x surge within 30 days appears highly improbable due to market cap constraints and regulatory scrutiny, significant short-term gains are still possible. Continued whale accumulation and reduced exchange supply could sustain upward momentum, especially if paired with broader market optimism or new listings on major platforms. If these factors align, PEPE could see another 50%-100% increase in the near term.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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