PEPE Triggers Excitement Among Crypto Enthusiasts Despite Volatility

  • PEPE’s trading volume increased to $562,626,351 in the past 24 hours.
  • The current excitement comes a week after PEPE was listed on Binance.

Michael Van de Poppe, a well-known crypto analyst and founder of @eight_global, recently shared on his Twitter account that despite a brief downturn, there is still a strong demand for trading PEPE. According to Van de Poppe’s observations, PEPE experienced a significant bounce of 35% at the first level and is currently bouncing on the second level, up 25%.

The crypto analyst predicts there will be a rejection around the 220000-240000 range, which could lead to a decline in value to 140000. From there, Van de Poppe expects a substantial relief rally, potentially leading to a 50-80% increase in value.

While he remains optimistic about the potential for a significant increase in value, he suggests waiting until the asset’s value exceeds the 230000 level before opening a long position.

PEPE, the meme coin that has been gaining popularity among cryptocurrency traders, has experienced an increase of 7.21% in the past 24 hours, bringing its current trading price to $0.000002012 as of press time, according to Coinmarketcap data. The trading volume of PEPE increased to $562,626,351 during the same period, indicating continued interest among traders.

This allegedly comes a week after the meme coin PEPE made headlines for its impressive performance in the cryptocurrency market. The latest boost to PEPE`s value can be attributed to the recent listing of the token on Binance, which is considered one of the largest crypto exchanges. It is, therefore, clear that PEPE`s popularity is on the rise, and it will be interesting to see how the coin continues to perform in the coming weeks and months.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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