Pepe ($PEPE) Crypto Forecast: Up 5.1% Today

What is Pepe?

PEPE is a meme-inspired cryptocurrency token known for its volatile price movements within the crypto market.

Why is Pepe going up?

PEPE crypto is up 5.1% on Jul 1, 2024 7:10

• PEPE demonstrated significant upward momentum today alongside a broader increase in altcoin value.
• The surge of memecoins, including PEPE, beyond previous price thresholds suggests a revival of investor engagement and potential for further price appreciation.
• Despite encountering challenges during the weekend, PEPE successfully rebounded and exceeded the returns of prominent competitors like Dogecoin and Shiba Inu.
• Today's favorable price performance of PEPE may be ascribed to the prevailing positive market sentiment toward altcoins and the growing interest in meme-based tokens.

PEPE Price Chart

PEPE News

Memecoins Breaks Out of Range: Here’s What’s Next for WIF, PEPE, FLOKI, & BOME Prices

Memecoins Breaks Out of Range: Here’s What’s Next for WIF, PEPE, FLOKI, & BOME Prices

https://coinpedia.org/price-analysis/memecoins-breaks-out-of-range-heres-whats-next-for-wif-pepe-floki-bome-prices/

Crypto Prices Today July 1: Bitcoin Recovers To $63K, Altcoin Market Soars

Crypto Prices Today July 1: Bitcoin Recovers To $63K, Altcoin Market Soars

https://coingape.com/crypto-prices-today-july-1-bitcoin-recovers-63k-altcoin-market-soars/

Emerging Memecoins Like dogwifhat, And Pepe Beat Established Players Like Dogecoin, Shiba Inu In H1 2024 Returns, One Has Shot Up Over 4900%

Emerging Memecoins Like dogwifhat, And Pepe Beat Established Players Like Dogecoin, Shiba Inu In H1 2024 Returns, One Has Shot Up Over 4900%

https://www.benzinga.com/markets/cryptocurrency/24/06/39566990/emerging-memecoins-like-dogwifhat-and-pepe-beat-established-players-like-dogecoin-shiba-in?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

PEPE Price Falls as Whale Sells Tokens for Ethereum

PEPE Price Falls as Whale Sells Tokens for Ethereum

https://coinpaprika.com/news/pepe-price-falls-as-whale-sells-tokens-for-ethereum/

Here’s Why PEPE Price Has Been Struggling Over The Weekend

Here’s Why PEPE Price Has Been Struggling Over The Weekend

https://bitcoinist.com/heres-why-pepe-price-has-been-struggling-over-the-weekend/

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Pepe Price History

01.06.2024 - PEPE Crypto was up 9.5%

• PEPE's bullish movement can be attributed to its outperformance against established players like Dogecoin and Shiba Inu, gaining over 4900% in H1 2024 returns.
• The price fall might have been a temporary setback caused by a whale selling tokens for Ethereum, leading to a short-term dip.
• Despite the struggles over the weekend, PEPE seems to have bounced back strongly, as indicated by the new ATH price.
• The anticipation of memecoins leading the top gainers, with a mention of an Angry Pepe Fork potentially surpassing other memecoins, could have fueled investor interest and contributed to PEPE's bullish movement.

01.06.2024 - PEPE Crypto was up 5.7%

• After struggling over the weekend, the price of PEPE surged today, potentially signaling a reversal in the recent downtrend.
• Initially, a whale selling tokens for Ethereum may have caused a price fall, but market sentiment shifted, resulting in a bullish movement.
• The rise of memecoins like the Angry Pepe Fork has attracted investors to these tokens, contributing to the increase in the price of PEPE.
• While tokens such as Dogecoin and Shiba Inu saw a decline in volume, the renewed interest in meme-inspired cryptocurrencies could explain the rise of PEPE.

30.05.2024 - PEPE Crypto was up 5.0%

• The bearish movement in PEPE today could be attributed to profit-taking by investors after a period of significant price growth.
• The news of a whale converting over $18M in PEPE to ETH could have added selling pressure to the token, leading to the downward movement.
• The overall market sentiment towards meme coins like PEPE may have been impacted by the decline in volume for popular tokens like Dogecoin and Shiba Inu.
• Despite the bearish movement today, the hinting at the potential for PEPE to surpass other meme coins in terms of gains shows that there is still optimism and interest in the token's future performance.

30.05.2024 - PEPE Crypto was up 5.7%

• The bearish movement in PEPE today could be attributed to a whale converting over $18M in PEPE to ETH amid anticipation surrounding ETFs in the crypto market.
• Speculation and uncertainty surrounding the future performance of meme coins like PEPE in the second half of 2024 might have also contributed to the selling pressure on the token.
• The attention on other meme coins like SHIB and DOGE, as well as upcoming projects like DigiHorse Empires, could have diverted investor interest away from PEPE, impacting its price negatively.

30.05.2024 - PEPE Crypto was up 5.4%

• The bearish movement in PEPE today may be linked to a whale converting over $18 million in PEPE to ETH amid discussions of an ETF, resulting in selling pressure on PEPE.
• The increased focus on meme coins such as DOGE, SHIB, and PEPE in the market potentially caused some investors to redirect their attention and funds away from PEPE, influencing its bearish movement.
• The general negative sentiment in the crypto market, evident in the decline despite a U.S. inflation decrease, could have negatively affected PEPE's price, as investors may have been more cautious towards speculative assets like meme coins during this period.

29.05.2024 - PEPE Crypto was up 5.5%

• PEPE experienced a strong bearish movement, dropping more than 3% within 24 hours.
• The news about Shiba Inu's burn rate increasing significantly and the anticipation of its price climbing could have diverted investor attention away from PEPE.
• The overall tumble in the crypto market, despite a dip in U.S. inflation, might have led to a risk-off sentiment, impacting PEPE negatively.
• The introduction of a unique staking system by Angry Pepe Fork (APORK) could have also shifted investor focus away from PEPE, contributing to its bearish movement.

29.05.2024 - PEPE Crypto was up 5.1%

• The bearish movement of PEPE today can be attributed to the overall market correction driven by Bitcoin's price fluctuations.
• The increased selling pressure from SHIB and PEPE whales, as evidenced by the significant deposit of PEPE coins to a major exchange, likely contributed to the downward pressure on PEPE's price.
• Despite positive developments such as DFSA approving Ripple for use in Dubai, PEPE may have been overshadowed by other events in the cryptocurrency space, leading to its decline.
• The upcoming presale competition between DigiHorse Empires, FLOKI, and PEPE might have diverted attention and investment away from PEPE, impacting its price negatively.

29.05.2024 - PEPE Crypto was up 5.3%

• PEPE saw a significant decline of over 3% in a 24-hour period, potentially linked to large holders selling off amidst a general market downturn in the crypto space.
• Despite a decrease in U.S. inflation, the crypto market, including PEPE, faced a downturn.
• The launch of Angry Pepe Fork (APORK) featuring a distinct staking mechanism might have drawn attention away from PEPE, contributing to its decrease.
• Redistribution of funds within the cryptocurrency realm, exemplified by Ethereum whales investing in other tokens like PEPE, could have impacted PEPE's market performance.

29.05.2024 - PEPE Crypto was up 5.0%

• The bearish movement in PEPE today could be attributed to the increased selling pressure from whales.
• The negative price movement might also be influenced by the broader correction in the crypto market, driven by Bitcoin's performance and overall market sentiment.
• The introduction of a unique staking system by Angry Pepe Fork (APORK) might have diverted some attention and investment away from PEPE, impacting its price negatively.
• The market might be reacting to the news of Ethereum whales engaging in shopping sprees for other tokens like NOT and PEPE, potentially leading to profit-taking and selling pressure on PEPE.

28.05.2024 - PEPE Crypto was up 5.2%

• The current decline in PEPE could be linked to heightened selling activity by large holders, evident from a substantial deposit of approximately $8 million worth of PEPE tokens into Binance.
• Fluctuations in Bitcoin's price leading to a broader correction in the cryptocurrency market may also have contributed to PEPE's bearish trend.
• Despite the recent downturn, monitoring PEPE's market performance is crucial, given the optimistic outlook on its potential market cap growth. Notably, a trader noted a 14% weekly increase in PEPE's counterpart, "Best Friend" Brett, indicating positive sentiment.

27.05.2024 - PEPE Crypto was up 5.3%

• Despite recent bullish sentiment and a 10% weekly gain, PEPE experienced a strong bearish movement today.
• The addition of Mpeppe Coin to Pepe Coin holders' investments may have caused some diversification leading to selling pressure on PEPE.
• The overall market focus on meme coins like Dogecoin and Dogwifhat, with news of significant investments, might have shifted attention away from PEPE, contributing to its bearish movement.
• Analysts flipping bullish on PEPE and other meme coins could indicate a potential future recovery for PEPE once the market sentiment shifts back towards meme coins.

26.05.2024 - PEPE Crypto was up 5.2%

• Despite the positive news surrounding PEPE's price surge and bullish metrics, the overall sentiment in the cryptocurrency market seems to be bearish today.
• The significant loss of $2 million by a crypto trader trading a different cryptocurrency may have spooked investors, leading to a broader sell-off in the market.
• The contrasting information about Dogecoin's potential drop and a crypto whale investing in another meme coin could have diverted attention and funds away from PEPE, contributing to its bearish movement today.