Pepe Coin

Pepe

<ul class="wp-block-list">
 <li>Pepe hit $0.000026948 ATH and $11 billion market cap, surpassing Uniswap.</li>  
 <li>Whale accumulation and rising Open Interest signal strong demand and bullish momentum.</li>  
 <li>Sustained growth could push Pepe higher, with support likely near $0.000022 during corrections.</li> 
</ul>  
<p><a href="https://cryptonewsland.com/pepe-price-prediction/" rel="noopener noreferrer nofollow">Pepe Coin (PEPE)</a> has shocked the market with a new all-time high of $0.000026948. The memecoin’s market cap has now reached $11 billion, overtaking Uniswap as the 20th largest crypto. Trading volume spiked by 146.16%, hitting $7.54 billion, as demand surged. With prices climbing by 18.99% in just 24 hours, excitement among traders continues to grow. Many now wonder if this momentum will push Pepe to even greater heights.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/madmixnum/status/1865498238289358993
 </div>
</figure>  
<h2 class="wp-block-heading" id="h-key-factors-driving-pepe-s-surge">Key Factors Driving PEPE’s Surge</h2>  
<p><a href="https://cryptonewsland.com/pepe-coin-pepe-to-flip-chainlink-link-on-its-way-to-a-top-15-ranking-as-one-new-coin-readies-for-a-12500-rally/" rel="noopener noreferrer nofollow">Pepe’s rally</a> reflects strong buying activity from both whales and retail investors. Whale addresses have shown confidence by making significant purchases. For example, one whale recently spent 4.89 million USDC to buy 190.14 billion tokens after a price dip. Large transactions also surged by 160.25%, jumping from 488 to 1.27K within a day.</p>  
<p>The rise in <a href="https://www.investopedia.com/terms/o/openinterest.asp" rel="noopener noreferrer nofollow">Open Interest</a> highlights the growing number of traders taking positions. Open Interest climbed by 41.12% to a record $335.25 million. Increased daily active addresses, now up 56.67%, also show rising market participation. The growing number of traders and higher activity levels support a continued upward trend.</p>  
<h2 class="wp-block-heading" id="h-what-s-next-for-pepe">What’s Next for PEPE?</h2>  
<p>The <a href="https://coinmarketcap.com/currencies/pepe/" rel="noopener noreferrer nofollow">price of Pepe</a> has soared by 130.46% over the past month, cementing its status as a market leader. Continued accumulation by whales and strong fundamentals suggest further gains could be ahead. If demand stays high, Pepe may reclaim $0.000026948 and set a new record.</p>  
<p>However, the market faces potential challenges. A correction could bring prices down to $0.000022, offering support before another rally. Sustained growth will depend on strong buying pressure and increased participation from traders.</p>  
<p>Pepe’s journey has captivated investors, proving its potential as a major player in the crypto space. Whether the price climbs higher or faces temporary hurdles, the memecoin has secured a prominent place in the market.</p>   
<p>The post <a href="https://cryptonewsland.com/pepe-reaches-new-ath-at-0-000026948/" rel="noopener noreferrer nofollow">PEPE Reaches New ATH at $0.000026948; What’s Next for This $11B Token?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

PEPE Reaches New ATH at $0.000026948; What’s Next for This $11B Token?

Table of Contents

Crypto News Land

Other articles published on Dec 9, 2024

The Game Awards 2024: What Xbox might reveal this year?

Hailey Welch Caught in HAWK Memecoin Crash Scandal: Report

NYSE Arca Files to List Bitwise's Bitcoin-Ethereum ETP

FXGuys ($FXG) vs. Stellar vs. Tron: Which of These Coins Is a $100 Bet That Could Turn To $10,000

Bitcoin Surpasses $100,000: El Salvador Reaps Big

Gary Gensler’s Departure and Its Impact on Crypto

Join our free newsletter for daily crypto updates!