The Rise of PEPE Coin
PEPE coin commences the week with a promising start, experiencing a 10% surge within the past 24 hours amidst a broader market recovery. Currently, PEPE is leading the race among the top three meme coins, with its price poised at $0.000001637. Over the past week, PEPE has managed to maintain a relatively positive growth trajectory, even as its counterparts are in a downtrend.
When juxtaposed with its peers, PEPE exhibits a greater susceptibility to an influx of capital, which can propel significant growth spurts. With its relatively lower market capitalization, currently standing at around $644 million, PEPE demonstrates a greater tendency for upward trends when compared with Shiba Inu and Dogecoin.
Anticipations for PEPE’s Growth
PEPE, albeit having a considerable journey ahead, offers some potential milestones to keep an eye on for this week. One such milestone is the possibility of breaching the $0.000002 price level, which can only be accomplished if the present price rally is sustained.
PEPE’s inception marked a growth pattern characteristic of much-hyped Layer 1 blockchain networks. Its rapid ascend to the top 100 cryptocurrencies by market cap has landed it at the 68th spot. Another key event to observe this week is its steady climb up the ranking ladder, in line with its projected growth trend.
The short-term challenge of reclaiming its all-time high of $0.000004354 may seem daunting for PEPE, but the potential for minor victories should not be discounted.
PEPE’s Dominance in the Meme Coin Battle
By various measures, PEPE seems to be leading the meme coin dominance war as it continually attracts new investments. Some market analysts speculate that it’s only a matter of time before PEPE overtakes SHIB in value.
