Pepe (PEPE) Price Hits New All-time High After Flipping Polygon (MATIC) in Market Cap
Release: 2024/05/27 16:04 Reading: 485
Pepe (PEPE) Price Hits New All-time High After Flipping Polygon (MATIC) in Market Cap
Amidst the ongoing crypto market rotation, as Bitcoin (BTC) faces resistance around $72,000, the frog-themed meme coin Pepe (PEPE) has emerged as a significant gainer. As of Monday's early London session, Pepe's price hovered around $0.0000168, marking an 11% surge over the past 24 hours.
This impressive rally follows an 81% spike last week, propelling Pepe into the top 20 most valuable digital assets. Consequently, Pepe now surpasses the market capitalization of Polygon (MATIC), Litecoin (LTC), and Fetch.ai (FET), among others. If Pepe's bullish momentum persists, it could potentially challenge Shibarmy's position.
Reasons for Pepe's Price Surge
The approval of spot Ether ETFs in the United States has ignited bullish sentiment for the altcoin industry. Top web3 projects on the Ethereum network, including Uniswap (UNI), Arbitrum (ARB), and Pepe, have witnessed a notable increase in daily trading volume.
Furthermore, the ETH/BTC pair has rebounded from recent multi-year lows and is poised to retest its all-time high. This, coupled with Bitcoin dominance showing signs of a macro reversal, suggests that a major altseason may be on the horizon.
Midterm Price Target
Pepe's bullish rally has pushed its weekly Relative Strength Index (RSI) above 70, indicating a strong trend. Technically, Pepe's price against the US dollar is poised to rally 20% in the near term, reaching $0.000020, which aligns with the 1.618 weekly Fibonacci Extension.
Recent news
More>- DOGE and SOL Lead Crypto’s Bullish Trend With Record Gains 11-25
- PEPE Faces Crucial Resistance Amid Price Stagnation 11-25
- Solana Memecoin Bullish Pepe to Skyrocket 18,000% Before Exchange Listing, As Bonk and SHIB Drop 11-25
- President Donald (PRESDON) Will Explode Over 15,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag 11-24
- Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis 11-24
- Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis 11-24
- Dogecoin (DOGE) Surges 19% as Hash Rate Hits Record High 11-24
- Solana Hits New ATH, As Pepe Surges 30% Amid Bull Market, Crypto Traders Eye New Meme Coin Going Viral After Video Release 11-24
- Dogecoin (DOGE) Bullish Streak is Awakening Shiba Inu (SHIB) Bulls: What’s Next? 11-24
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com