A lot has always been expected from Pepe coin (PEPE), not only because of its strong community and popularity in the crypto market. The frog-themed meme coin’s price trajectory throughout the year and its close call to surpassing Shiba Inu and Dogecoin have attracted numerous bullish forecasts for the token.
As a new crypto year emerges, Pepe is poised to grow significantly especially when the meme coin craze for 2025 commences. This is set to raise the market cap of PEPE to $50 billion. On the other hand, investors are even more crazy about Remittix (RTX), its unique PayFi network and ecosystem designed to challenge top DeFi coins serves as a strong catalyst to outperform PEPE.
PEPE Price Gradually Recovers As It Market Cap And Trading Volume Surges
Although the price of PEPE still reflects nearly 5% decline in the past month due to its previous sharp decline below $0.000020, the meme coin is still showcasing a very bullish trajectory. For starters, Pepe coin price has jumped by 10% in the past week, with its market cap recently spiking by 9% to $8.48 billion. This makes its $50 billion market cap forecast highly plausible by 2025.
Pepe’s trading volume also rose significantly just recently by 165.17%, showing the staggering volume of interest is still attracting despite the sluggish state of the crypto market. Pepe also just came down from an all-time high of $0.00002825 twenty-two days ago, however, it currently holds a week-to-date price range of $0.00001992 and $0.00001722 .
As the price of PEPE currently consolidates, Rose Premium Signals have highlighted that the token’s chart shows a rounding bottom formation. This means that the Pepe coin could potentially experience a bullish reversal soon. The analytic page sighted a peak target of $0.00003340 for PEPE in the nearest figure. Positivity is also brewing for the Pepe coin as Elon Musk just recently advocated for the meme coin by changing his X
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Author: Crypto Daily
