The PEPE coin price has recently declined, trading at approximately $0.0000007085. It is projected to drop by -7.32%, hitting roughly $0.0000006472 at the end of September 2023. This descent is attributed to increased selling pressure and the looming specter of rug pull allegations. For potential investors observing PEPE, the current environment may pose an opportune moment to enter the market of this cryptocurrency. However, as with any investment, due diligence is paramount.
It’s worth noting that the PEPE coin price has hovered around $0.0000011 in the last month. Moreover, despite all challenges, PEPE remains the third-largest meme coin, boasting a market cap of $297 Million. Still, projections indicate a bearish trend for PEPE in the next two quarters of 2023, possibly due to a lack of clear use cases and strategic direction from developers.
So, is it time to enter this market? Before you proceed, read our Pepecoin cryptocurrency prediction for 2023 – 2030. In essence, join us as we delve into the potential price trajectory in our detailed PEPE price prediction.
What is PEPE Coin (PEPE)?
Lately, meme coins have gained considerable attention within the cryptocurrency world. Unlike conventional cryptocurrencies, which emphasize functionality, meme coins set their sights on achieving virality, riding the wave of the rapidly expanding meme culture, often centered around well-known internet meme characters. You have probably heard of some familiar names like Dogecoin (DOGE), Shiba Inu (SHIB), or Floki Inu (FLOKI).
In addition to these significant options, many more meme tokens are actively traded in the market. This abundance of choices can be uncompromising for investors to evaluate the most suitable meme coins to buy for their portfolios. Now, let’s dive into the world of PEPE coin!
The PEPE meme coin was first launched in April 2023 and quickly gained popularity in the cyber currency world. Within weeks, Pepe’s market cap surged and exceeded $420 million, ranking in the top 100 coins by market capitalization. Now, it is traded on major exchanges such as Huobi and OKX and decentralized exchanges like Uniswap.
Cryptocurrency | Pepe |
Token | PEPE |
Price | $ 0.0000007085 |
Market Cap | $ 297,355,834 |
Trading Volume | $ 30,200,116 |
Circulating Supply | $420, 690,000,000,000 |
All-time High | $0.000004354 May 05, 2023 |
All-time Low | $0.0…02764 Apr 17, 2023 |
What affects the price of PEPE Coin?
Similar to any other asset, the price movements of Pepe Coin are primarily shaped by the forces of supply and demand. These dynamics can be swayed by fundamental events such as block reward halving, hard forks, or updates to the underlying protocol. Additionally, regulatory developments, adoption initiatives by corporations and governments, security breaches at cryptocurrency exchanges, and various real-world events hold the potential to exert an impact on the value of PEPE. It is worth noting that the market capitalization of Pepe Coin can undergo substantial fluctuations within a relatively short timeframe.
When trying to make a Pepe Coin forecast, many traders also seek to monitor the activity of PEPE “whales.” These entities and individuals control substantial holdings of PEPE. Given the relatively modest size of the Pepe Coin market compared to traditional markets, these “whales” possess the capacity to exert considerable influence over the price movements of Pepe Coin.
PEPE Coin Price Prediction September 2023
The ongoing decline has given rise to a descending channel on the daily chart, and the meme coin is currently trading closely to the support trendline. However, a surge in demand at the $0.00000060 mark, along with the baseline, caused a 17% increase in the value of PEPE last Friday.
Upon examining the 4-hour chart depicting PEPE’s price movements, it is evident that the recurrent lower high patterns have ceased. Additionally, the meme coin’s price has remained above 50 EMA (Exponential Moving Average), resulting in a breakout from the bearish channel.
Furthermore, the price tends to move sideways before initiating a clear shift. The recent bullish breakout marks the end of consecutive bearish declines. This unusual paradigm hints at the potential for a bullish surge.
If this uptrend is held for the PEPE coin, its market value could ascend to $0.00000080. Conversely, if it decreases below $0.0000006028, the downtrend may continue to $0.00000055.
YEAR | POTENTIAL LOW ($) | POTENTIAL AVERAGE ($) | POTENTIAL HIGH ($) |
---|---|---|---|
September 2023 | $0.00000055 | 0.000000675 | $0.00000080 |
PEPE Price Prediction 2023
This frog-theme meme coin is currently on the trading market at 16.27% of its all-time high of $0.000004354 about five months ago. Still, the currency is showing optimistic signs of a reversal. Notably, we can observe it sprouting from the base of a falling channel. If the PEPE coin starts a ceiling trend within the bearish paradigm, it would significantly raise the chances for a breakout of its price.
PEPE Price Prediction 2024
In 2024, our Pepe technical analysis suggests that the price of PEPE should range between $0.000002975 to $0.00000471372, and the average value should be around $0.00000384436.
YEAR | POTENTIAL LOW ($) | POTENTIAL AVERAGE ($) | POTENTIAL HIGH ($) |
---|---|---|---|
2024 | 0.000002975 | 0.00000384436 | 0.00000471372 |
PEPE Price Prediction 2025
For 2025 Pepe cryptocurrency prediction, it is expected that the potential high would be $0.00000731823, while the low could be $0.00000374061.
YEAR | POTENTIAL LOW ($) | POTENTIAL AVERAGE ($) | POTENTIAL HIGH ($) |
---|---|---|---|
2025 | 0.00000374061 | 0.00000552942 | 0.00000731823 |
PEPE Price Prediction 2026
Based on our Pepe price speculation, in 2026, its value should range from $0.00000522174 to $0.00000829134, with an average figure of $0.00000675654.
PEPE Price Prediction 2027
The Pepe token price analysis suggests that the price will be bounded between $0.00000591158 and $0.000009592, and the expected average price is around $0.00000775179.
PEPE Price Prediction 2028
Following the Pepe price trends, its value is predicted to hit a high of $0.00001186 and a low of $0.00000879936. The average price of PEPE is projected to be approximately $0.00001032968.
PEPE Price Prediction 2029
In 2029, the Pepe coin price projection indicates that its value may fluctuate between $0.00001089 and $0.0000131068, with the anticipated average price of $0.0000119984.
PEPE Price Prediction 2030
For 2030, according to our Pepe price prediction models, the highest figure will be $0.0000159546, and the lowest price may be marked at $0.0000123698. The average price is predicted to be around $0.0000141622.
Table of PEPE Price Prediction 2023 – 2030
Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
2026 | 0.00000522174 | 0.00000675654 | 0.00000829134 |
2027 | 0.00000591158 | 0.00000775179 | 0.000009592 |
2028 | 0.00000879936 | 0.00001032968 | 0.00001186 |
2029 | 0.00001089 | 0.0000119984 | 0.0000131068 |
2030 | 0.0000123698 | 0.0000141622 | 0.0000159546 |
What does the market say about PEPE cryptocurrency prediction?
Credible websites also provide their PEPE coin price projections. It is essential that investors have concrete and reliable references before deciding whether the PEPE coin aligns with their investment goals. Here are some PEPE price prediction models from other sources:
Cryptonews.com:
YEAR | MINIMUM PRICE | MAXIMUM PRICE |
2023 | $0.0000010 | $0.0000023 |
2024 | $0.0000026 | $0.0000032 |
2025 | $0.0000035 | $0.0000046 |
2026 | $0.0000048 | $0.0000057 |
2027 | $0.0000059 | $0.0000068 |
2028 | $0.0000070 | $0.0000085 |
2029 | $0.0000088 | $0.0000099 |
2030 | $0.000010 | $0.000013 |
Coincodex:
YEAR | MINIMUM PRICE | MAXIMUM PRICE |
2024 | $0.0000006515 | $0.000001776 |
2025 | $0.000001498 | $0.000006136 |
2026 | $0.000001670 | $0.000002789 |
2027 | $0.000001754 | $0.000004399 |
2028 | $0.000003987 | $0.000004504 |
2029 | $0.000004303 | $0.000008109 |
2030 | $0.000004582 | $0.000005800 |
Digitalcoinprice.com:
YEAR | MINIMUM PRICE | MAXIMUM PRICE |
2023 | $0.000000666 | $0.00000162 |
2024 | $0.00000159 | $0.00000192 |
2025 | $0.00000218 | $0.00000267 |
2026 | $0.00000285 | $0.00000340 |
2027 | $0.00000285 | $0.00000340 |
2028 | $0.00000352 | $0.00000405 |
2029 | $0.00000500 | $0.00000554 |
2030 | $0.00000722 | $0.00000774 |
PEPE Coin Price Prediction: Experts’s Comments
“As per the forecast data analysis, the price of PEPE is expected to cross the level of $0.00000208. By the end of the year, Pepe is expected to reach a minimum of $0.00000105. In addition, the PEPE price is capable of getting a maximum level of $0.00000249.”
Digital Coin Price
“According to the Pepe price prediction in 2023, it seems that the frog-based meme token could experience some high volatility, with prices ranging from a minimum of $0.00000056 to a maximum of $0.0000121.”
Cryptobullsclub
“According to our analysis, the Pepe coin price is projected to hit a low of $0.00000127 in 2023. On the other hand, our research indicates that the maximum price PEPE could reach is $0.00000149, with an average price of $0.00000131.”
BlockchainReporter
“By the end of 2023, Pepe coin’s price could hit a possible high of $0.00000450. That said, a possible crisis in the business could dump the price to $0.00000080. Successively, the average price of PEPE could settle at $0.00000265.”
Codpedia
“As per our Pepe coin price prediction 2023, the PEPE token is expected to reach a possible high of $0.0000029 by the end of 2023. On the flip side, if the Pepe coin fails to meet its expectations, the PEPE’s price might slip down to $0.0000023.”
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FAQs
Is PEPE an ERC-20 token?
Yes, PEPE is an ERC-20 token working on the Ethereum blockchain.
Is it possible to mine PEPE?
No, PEPE cannot be mined as it is a non-mineable token.
How high will PEPE price go in 2023?
According to our PEPE market outlook, the coin’s price could surge to a maximum of $0.00000237396 at the end of this year.
Where to buy Pepecoin?
To buy Pepecoin (PEPE), you can check up popular exchanges like Binance, Gemini, Crypto.com KuCoin, etc., that support its trading. To buy this cryptocurrency, you must create an account on one of these exchanges and purchase the coin using Ethereum.
Who is behind Pepecoin?
Excitingly, the project’s website reveals that there is no established team behind this meme coin, and the creators of PEPE persist to remain anonymous.
When was Pepecoin launched?
While the PEPE coin leverages the viral power of memes, the creators of it explicitly state that PEPE has no association with Pepe the Frog, the famous internet meme character created by Matt Furie. Specifically, it was launched in April 2023 and quickly gained attention.
How much is Pepecoin worth?
The recent price of Pepecoin is $0.000000716630
Is PEPE on Coinbase?
Yes, Pepecoin is only available through Coinbase Wallet
Is PEPE a good investment?
The answer may vary from different perspectives. PEPE tokens gain market traction in the current meme coin world and have a strong growing community on many social media platforms. However, meme coins like PEPE can also be highly volatile and speculative in nature. If you are contemplating making investment decisions, it’s advisable to consider the potential risks and consult with your financial advisors.
Can a PEPE coin reach $0.1?
It is such a challenge to project how long PEPE may take to reach $0.1. Pepe coin would need to gain 13,421,987.83% to reach $0.1. According to our Pepe coin prediction models, the price of PEPE will not reach $0.1. The highest estimated price based on Pepe price technical analysis is $0.00005114 by Jan 1, 2049
Is PEPE coin legit?
Yes, PEPE coin is a legit cryptocurrency because it is created on the Ethereum blockchain and works as an ERC token. Nonetheless, it does not hold any fundamental and intrinsic value.
Is PEPE coin a good buy in 2023?
Based on multiple technical quantitative indicators, the current forecast for Pepe Coin in 2023 is neutral. This could be an indication that Pepe Coin is a good opportunity in 2023. However, it is important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Pepe Coin or not.
How does our price prediction for PEPE coin work?
Our Pepe price prediction is calculated using the historical Pepe Coin price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Pepe Coin prediction.
What is the Pepe Coin price prediction for next week?
The Pepe Coin price forecast for next week is between $0.0000007455 on the lower end and $0.0000007468 on the high end. Based on our PEPE price prediction, the value of it will increase by 0.41% and reach $0.0000007468 by Oct 08, 2023, if it reaches the upper price target.