Recent listings on Coinbase and Robinhood have invigorated bullish sentiment about Pepe, with traders calling for new all-time highs to come soon.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Pepe PEPE/USD | $0.00001833 | $7.7 Billion | +1.8% | -9.2% |
| Dogecoin DOGE/USD | $0.3934 | $57.8 Billion | +4% | +0.99% |
| Shiba Inu SHIB/USD | $0.00002499 | $14.7 Billion | +4.2% | +1.9% |
Trader Notes: Crypto trader MaxBecauseBTC sees Pepe standing out in the meme coin space, predicting it will join Dogecoin and Shiba Inu as multi-billion-dollar assets.
Don't Miss:
- If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019, here’s how much you’d have today.
- Over the last five years, the price of gold has increased by approximately 83% — Investors like Bill O’Reilly and Rudy Giuliani are using this platform to create customized gold IRAs to help shield their savings from inflation and economic turbulence.
In a post on X on Tuesday, he emphasized that while most meme coins will fade quickly, Pepe’s enduring appeal could establish it as a key player in the market.
Max highlights a potential "flight to quality" among investors, moving away from weaker meme coins toward those with stronger speculative value. This shift, he suggests, could lead to a rapid repricing of high-potential assets like Pepe.
Similarly, trader Dami-Defi predicted a "massive breakout" for Pepe in the near future, further cementing its position among top-tier meme coins.
Statistics: IntoTheBlock data shows large transaction volume increasing by 187.3% and daily active addresses down by 7.2%. Transactions greater than $100,000 remain relatively flat at 446.
Around 86% of Pepe holders are currently making profit.
Community News: In mid-November, Coinbase listed Pepe on its exchange.
Robinhood also announced the listing of Pepe on its platform thereby expanding its coverage to a broader U.S. audience.
Read Next:
- Dogecoin millionaires are increasing – investors with $1M+ in DOGE revealed!
- Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – with $1,000 you can invest at just $0.26/share!
Image: Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
