Pepe is currently trending #1 on DEXTools among Ethereum tokens, and has now passed 200,000 holders. Its market cap sits at almost exactly $3 billion – what’s next for the top meme coin?
Today trading just above a pivot point at $0.0000071, investors are watching closely for potential bullish signals above that level or a new bearish trends if it dips below it. Let’s delve into the latest Pepe price predictions.
Pepe Price Choppy Amid Crypto Market UncertaintyIn a turnaround from its April 5-8 price surge, Pepe token has witnessed a slight pullback, rejected from a resistance level at $0.0000080.
$Pepe is slowly returning to the levels we saw a few weeks ago.
The number of holders has surpassed 200K and is increasing every hour.
The market cap is currently $3.2B, and the price is consolidating while moving upwards.
Study memes
Study $pepe pic.twitter.com/MInx2nCriu
— Pebre.eth (@P3bR3) April 9, 2024
This decline has landed Pepe coin slightly in the red on the weekly, alongside Bitcoin dipping back under $70k today.
Some of that selling bias could be associated with uncertain times driven by the April Bitcoin halving – with some traders expecting a ‘sell the news’ dip after the event.
Binance Enhances Loan Services, Adding Pepe TokenBinance has updated its loan service, adding Pepe coin among others, potentially affecting the Pepe price in the near future.
Binance’s expansion of loanable assets, such as Pepe coin, suggests a strategic move to capitalize on current market interests and could lead to increased trading activity.
$PEPE is about to full send.