Pepe Price Prediction As PEPE Sets A New All-Time High And This New AI Meme Coin Presale Races Toward $2 Million

Pepe Price Explodes Amidst Meme Coin Mania

The price of Pepe surged 23% in the past 24 hours, reaching $0.00001037 as of 02:05 a.m. EST, with a trading volume that skyrocketed nearly 280%.

This surge propelled Pepe's price to an all-time high of $0.00001119, surpassing the $0.000010 threshold last tested on March 15.

Pepe is not alone in its gains, as other meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Floki (FLOKI) have all recorded significant increases, according to CoinGecko.

This surge in meme coins is part of a renewed outbreak of meme coin mania, sparked by the GameStop phenomenon, which in turn was ignited by the resurfacing of Roaring Kitty.

GameStop Euphoria Drives Meme Coin Pump

GameStop (GME) stock soared on Monday, drawing attention to meme stocks. This surge came after Roaring Kitty, also known as Keith Gill, reappeared on X for the first time since June 2021.

Gill is the figure behind the GameStop (GME) saga, where Reddit traders outmaneuvered hedge funds that were betting against the game store.

His comeback was accompanied by a meme of a video gamer leaning forward, seemingly engrossed in the game.

The hype surrounding GameStop led to short-sellers losing $1 billion in the first hour of trading on Monday, after GameStop's GME token surged 2,200%.

Pepe Price Prediction

Pepe's price is trading with a bullish bias, having established a series of higher highs and attempting to reclaim its previous peak of $0.00001096.

The Smooth Moving Average (SMMA) is pointing upwards, indicating that the path of least resistance is up. It provides support at $0.00000865. The Relative Strength Index (RSI) is also northbound, signifying rising momentum.

Increased buying pressure could push Pepe's price above its current all-time high, potentially leading to a new local top.

However, if profit-taking intensifies, Pepe's price could retrace. For the bullish trend to be invalidated, the bears must break below the 50% Fibonacci placeholder at $0.00000754 and close below the 38.2% Fibonacci retracement level of $0.00000673.

Promising Alternative to Pepe: WienerAI

Amidst the ongoing meme coin mania, the WienerAI presale is also gaining traction, with the canine-themed AI meme coin raising nearly $2 million.

WienerAI combines two of the hottest niches in crypto: meme coins and AI tokens. Both have performed exceptionally well this year, making it unsurprising that WienerAI (WAI) is rapidly becoming a viral phenomenon.

Crypto YouTubers and analysts, such as Jacob Crypto Bury, anticipate up to 100X growth potential for WAI after its listing.

WienerAI aims to emulate the success of other popular dog-themed meme coins like Dogecoin and Shiba Inu.

Its WAI token is an ERC20 token on the Ethereum blockchain. With 20% of the 69 billion token supply allocated for staking rewards, users can earn passively by staking $WAI for a substantial 549% annual percentage yield (APY).

Over 1.886 billion WAI tokens have already been staked, with stakers receiving up to 3,938 WAI per ETH block.

To participate in the presale, you can purchase $WAI tokens on the official website for $0.000707 each. Act quickly, as a price hike is expected in less than three days. You can use ETH, USDT, or your bank card to make the purchase.

Visit and buy WienerAI tokens here.

Also Read:

• What Sets WienerAI Apart from Floki Inu? A Deep Dive into Meme Coin Differences
• WienerAI Brings Novel Twist to Crowded Meme Coin Sector With Hotdog-Canine-AI Hybrid
• WienerAI Price Prediction – $WAI Price Potential in 2024 and Beyond
• Best AI Crypto Coin Projects: Top Picks for 2023

Source: https://thebittimes.com/pepe-price-prediction-as-pepe-sets-a-new-all-time-high-and-this-new-ai-meme-coin-presale-races-toward-2-million-tbt88268.html