Pepe Price Prediction: PEPE Rises 14%

In the last 24 hours the price of PEPPER jumped 14%, reaching $0.000007027 on a day when the cryptocurrency market as a whole rallied 2% later its recent decline.

PEPE is now down 4% in a week, but up 45% in the last fortnight. Furthermore, the popular amphibious themed memecoin boasts a 500% gain in one year.

However, as the token is still down 33% from its all-time high of $0.00001064 from two months ago, still has plenty of room for a further price increase.

For this reason, it could see further gains in the coming days, especially when the market starts to grow again.

Pepe Price Prediction: PEPE Rises 14% – Is It Time to Buy?

The graph and indicators of PEPPER show considerable momentum today, with the coin poised to gain in the near term.

Its 30-day average (orange line) is not very far from exceeding the 200-day mark (blue line), forming a pattern “golden cross” which would signal a more definitive breakout.

At the same time, the relative strength index of PEPE (purple line) has risen towards 50 for the past two days and could continue towards 70 or higher as the price of the coin rises.

Another encouraging sign is the high trading volume, which remains at $1 billion after a whale made a token transfer PEPPER from Binance a few hours ago.

This indicates that money “intelligent” is betting on further earnings of PEPPER in the near future, and the token could be one of the main beneficiaries of the ongoing recoveries in the market.

As a memecoin, PEPPER it tends to rise more as the market rises as a whole, and whales have been using it as a profit vehicle for several months.

As for when the market could record sustained recoveries, however, in the coming days PEPPER should continue to offset the slump that kicked off the week.

In the longer term, also a possible easing of interest rates by the Federal Reserve it could give a boost to prices, although we may have to wait until the last half or even the last quarter of the year for cuts.

However, we can expect the price of PEPPER reach $0.000010 by mid to late summer.

Diversify your investments with a pre-sale of high-potential tokens

The greatest risk of PEPPER in the short term is that, after today’s strong rise, it could easily lose steam in a day or two.

However, traders looking for a profitable entry before a big rally would do well to investigate one of the many new memecoins on presale that are spreading at the moment, some of which appear to be very promising.

One of the strongest is Dogeverse (DOGEVERSE)which raised more than $13 million in its wildly popular pre-sale.

Not only is it directly inspired by Dogecoinbut it is also the first multi-chain memecoin to make its appearance on the cryptocurrency market. In fact, the DOGEVERSE token it will operate not only on the Ethereum network, but also on the BNB Chain, Solana, Avalanche, Polygon and Base networks.

This will give it broad utility, as its presence on multiple platforms means it can be used across multiple applications and trading protocols.

Another positive aspect is the fact that it has a maximum supply limited to 120 million tokens, which combined with its staking could lead to a sharp reduction in its circulating supply.

All else being equal, this could drive up its price in the long run, especially if it were to gain significant use.

These features make the new DOGEVERSE token much more promising than most other memecoins launched recently.

Interested investors can participate in the presale on Dogeverse official websitewhere tokens are currently available at a unit price of $0.000305.

The price will continue to rise steadily as the subsequent presale phases progress, but could also increase significantly once the token is listed on exchanges.

Cryptocurrencies are highly volatile and unregulated. No consumer protection. A profit tax may apply.

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