According to cryptocurrency expert Ali Martinez, there’s a good chance that the value of Pepe Coin (PEPE) on the Solana blockchain could jump by as much as 54%. This prediction follows news of Pepe’s inclusion in Coinbase International’s list of coins for perpetual futures trading.
Pepe Coin Price To Soar 54%
Based on Martinez’s prediction, there’s a good chance Pepe Coin will experience a strong increase in value. Consequently, investors are keeping a close eye on its development. Additionally, the analyst has pinpointed a crucial level between $0.00000793 and $0.00000664. If the coin’s price closes above or below this range, it could significantly impact Pepe Coin’s price trend.
He also pointed out that surpassing $0.00000793 could mean a significant price jump of approximately 54% for Pepe Coin, potentially reaching a new peak at $0.0000122. At present, the highest price recorded is $0.00001074, which was achieved on March 14, 2024.
Starting from April 18, Coinbase International will introduce Pepe Coin perpetual futures. This is a major development for the meme cryptocurrency. By offering these contracts, traders can place bets on price fluctuations without worrying about expiration dates. Consequently, market activity and liquidity are expected to surge.
After being added to Coinbase International, there was a significant increase in Pepe Coin’s trading value. As a result, the price of Pepe Coin went up by approximately 5%. This price hike demonstrates the market’s enthusiasm for the broader availability and increased trading opportunities for Pepe Coin.
PEPE Crypto Rallies Today
Pepe Coin, introduced in April 2023, is now the fourth largest meme coin based on market value. The current market capitalization of Pepe Coin stands at approximately $3.02 billion, underlining its substantial impact in the cryptocurrency world.
Pepe Coin’s path hasn’t been free of disputes. One contentious issue involves its connection to the Pepe the Frog character, which has caused controversy in the past. Despite being classified as a “hate symbol” by Coinbase previously, the community continues to be determined and dedicated to advancing the coin and achieving important listing goals.
To address worries about how the Pepe character was being portrayed, creator Matt Furie has taken lawful actions to ensure proper use and shield it from misrepresentation. This dedication underscores his efforts to maintain the authenticity of the character and clarify any misunderstandings surrounding its application.
At the moment of this update, Pepe Coin’s price increased by 3.45% to reach $0.000007185 on April 12, Friday. Furthermore, PEPE‘s trading volume jumped by 43.62% to an impressive $755.32 million within the last 24 hours. Based on Martinez’s forecast, the PEPE meme token is primed for a significant price hike of approximately 70%.
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2024-04-12 16:06