Pepe Price Prediction as PEPE Pumps Up 30% – Are Whales Buying Again?
The Pepe (PEPE) price pumped up 30% on Monday, with investors flooding back into the meme coin amid a surge in risk-taking activity across cryptocurrency markets as Bitcoin (BTC) retook $54,000 for the first time since early December 2021.
Last changing hands just under $0.0000018, the Pepe price is at its highest levels since July 2023.
PEPE even unsuccessfully attempted to push beyond its summer 2023 highs in the $0.00000188 area.
A 3x surge in daily trading volumes to over $460 million across major crypto exchanges could indicate whale buying.
However, it could just as easily signal a spike in retail trading activity.
Either way, given the strength of the bullish momentum being felt across the crypto market already this week, Pepe price risks remain tilted to the upside.
Pepe Price Prediction – Where Next for PEPE?
Should the Pepe price break convincingly back above resistance in the $0.00000188 area, a run back to record highs is on.
That means the potential for upside of as much as 150% from current levels.
That would take Pepe’s market cap back to around $1.8-9 billion.
But since its launch in early 2023, Pepe has marked itself out as one of crypto’s top meme coin brands.
It could feasibly hit a market cap in the region of $10 billion this bull market, meaning potential gains of more than 10x from current levels.
Those would be great gains, but many meme coin speculators are hunting for returns closer to 100x.
As good as its outlook is, Pepe’s market cap is way to bloated to offer returns like this.
Only coins with market caps of less than $100 million stand any real chance of pulling of 100x gains.
One such coin that might deliver big gains is a just-launched meme coin called Frogwifhat (FWIF).
A just-launched meme coin called
