Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Pepe Price Prediction as PEPE Pumps Up 30% and Hits a New All-Time High – 100x Possible?

Pepe Price Prediction as PEPE Pumps Up 30% and Hits a New All-Time High – 100x Possible?

Cryptonews2024/05/22 20:05
By:Joel Frank
Pepe Price Prediction as PEPE Pumps Up 30% and Hits a New All-Time High – 100x Possible? image 0 Pepe Price Prediction as PEPE Pumps Up 30% and Hits a New All-Time High – 100x Possible? / Source: Cryptonews

As the Pepe (PEPE) price continues to pump to new record highs, with PEPE up 30% in the past 7 days, investors are asking whether 100x gains for the meme coin might be possible.

Pepe was last trading around $0.00001350, giving it a market cap of around $5.7 billion.

100x gains would see Pepe reach a market cap of $570 billion.

Almost all crypto experts would agree that, in the short-term anyway, Pepe doesn’t stand much chance of going this high.

Ether (ETH), the cryptocurrency that powers the most widely used/adopted smart-contract-enabled blockchain Ethereum , only has a market cap of $450 billion.

Pepe Price Prediction – How High Can It Go?


While aiming for 100x gains is likely overly ambitious given Pepe’s already large market cap, its outlook remains strong.

Traders have been buying the Ethereum-issued meme coin aggressively amid growing expectations for Ethereum ETF approvals from the SEC .

These traders seem to be betting on Pepe as a major beneficiary of accelerated Ethereum ecosystem growth .

Pepe’s market cap is still 4x lower than Dogecoin’s . And Dogecoin could yet 2 or 3x this bull market.

If Pepe catches up, that means it could still post 10x gains from here.

That would imply that the Pepe price has the potential to erase another zero to hit $0.00010.

Pepe Alternative to Consider – Multi-chain Meme Coin Dogeverse (DV)


Most investors would be more than happy with 10x gains. But many meme coin investors are hunting bigger upside of 50-100x.

The best way to bag these bigger gains is to get in early on a new meme coin gem.

One meme coin that the team at Cryptonews thinks fits this bill is Dogeverse .

Dogeverse is a new meme coin with unique cross-chain capabilities and is generating considerable excitement in the market.

Dogeverse seeks to be the multi-chain equivalent of Dogecoin and is launching on the six most popular blockchains (excluding Bitcoin).

Dogeverse’s cross-chain bridging capabilities further enhance its appeal, making it a “Doge with superpowers.”

Currently in presale, Dogeverse has raised over $15 million.  Interested investors should get in quick ahead of the token’s official launch.

Visit Dogeverse Here

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Will there be a Solana ETF by the end of 2025?

Cboe BZX filed four applications for spot Solana ETFs earlier this week.The approval path for additional spot crypto ETFs should become clearer with a pro-crypto White House administration.

The Block2024/11/23 18:22

Changes at the SEC start well ahead of Inauguration Day

One federal judge’s rulings this week found that the SEC had overstepped its authority and must vacate the Dealer Rule

Blockworks2024/11/23 18:22