Price: $0.39250 1.7438%
Market Cap: 57.66B 1.7509%
Volume (24h): 8.58B 0.4%
Dominance: 1.7509%
Price: $0.39250 1.7438%
Market Cap: 57.66B 1.7509%
Volume (24h): 8.58B 0.4%
Dominance: 1.7509% 1.7509%
  • Price: $0.39250 1.7438%
  • Market Cap: 57.66B 1.7509%
  • Volume (24h): 8.58B 0.4%
  • Dominance: 1.7509% 1.7509%
  • Price: $0.39250 1.7438%
Home > Information news > PEPE’s Rollercoaster Ride: 13% Drop Post Rally, Holders Still Profit

PEPE’s Rollercoaster Ride: 13% Drop Post Rally, Holders Still Profit

Release: 2024/05/31 09:06 Reading: 843

Original author:Crypto News Land

Original source:https://coinmarketcap.com/community/articles/66591eb350bbd96172eefafa

PEPE’s Rollercoaster Ride: 13% Drop Post Rally, Holders Still Profit

PEPE Outshines Competitors with Strong Returns

PEPE's impressive performance continues, with a 90% return in the past month, making 96% of holders profitable.

Rapid Price Surge Attracts Investor Interest

PEPE's rapid price surge, with an 116% increase in 24 hours and a 300% increase over the past 90 days, has garnered significant investor interest.

Market Strength Despite Recent Drop

Despite a 13% drop following a rally that pushed PEPE to an all-time high, the cryptocurrency maintains market strength, supported by bullish projections and robust trading volume.

Dominance Among Meme Coins

PEPE has established itself as a dominant player among meme coins. Its holders are celebrating the 90% return, which has propelled 96% of them into profitability.

Impressive Price Surge

PEPE's price surge over the past month has contributed to its overall success. Within 24 hours, it soared by 116%, and over the past 90 days, it has gained an impressive 300%, capturing the attention of both experienced and new investors.

Minor Setback

Amidst the remarkable ascent, PEPE encountered a slight setback, experiencing a nearly 13% drop after reaching a new all-time high.

Strong Market Presence

Currently trading at an average price of $0.0000145, PEPE remains a formidable presence in the crypto market, with a market cap of $6.12 billion and a 24-hour trading volume of $2.33 billion.

Optimistic Price Projections

Despite the recent downturn, optimism prevails, with CoinCodex predicting a potential 226.50% surge for PEPE by June 2024, reaching $0.00004815. Technical indicators suggest a neutral sentiment, while the Fear & Greed Index indicates a bias towards greed.

Comparison with Other Meme Coins

While PEPE enjoys its moment in the spotlight, other prominent meme coins like Dogecoin (DOGE) have also witnessed significant gains, with a 30% price increase over the past 90 days. However, despite DOGE's performance, it remains overshadowed by the illustrious PEPE.

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