Pepe (PEPE) Set to Hit $0.00001 in 2023? Find Out Now!

Summary

  • According to our Pepe (PEPE) price prediction for 2023, the cryptocurrency could reach $0.0000018137 to $0.0000028757.
  • Pepe (PEPE) is currently ranked 77th on CoinMarketCap with a market capitalization of $391,790,000,000,000.
  • The price of Pepe (PEPE) could potentially breakout from an ascending triangle pattern and reach the resistance levels of $0.0000015286 and $0.0000017427.

What is Pepe (PEPE)?

Pepe (PEPE) is a deflationary memecoin launched on Ethereum. PEPE presents a unique offering within the meme coin market by building upon the legacy of Pepe the Frog, a character with a longstanding and controversial history. PEPE’s burning mechanism further highlights its distinct nature, aiming to maintain scarcity within the market. PEPE is an ERC-20 token on the Ethereum blockchain, which is secured by the Proof-of-Stake (PoS) consensus mechanism. Decentralized validators stake 32 ETH to process transactions and secure the network.

Pepe (PEPE) Price Prediction 2023

In this Pepe (PEPE) price prediction 2023 we will analyze the price patterns of PEPE by using accurate trader-friendly technical analysis indicators and also predict its future movement in terms of price. At the time of analysis, the current price was recorded at $0.000001374 with an 24 hour trading volume at 96 million USDT and 5% low circulating supply at 391 billion tokens respectively. If the trend breakout at resistance level then it could reach up to resistance levels of $0.0000015286 & 0.0000017427 otherwise it might fall down to support levels at 0.0000014222 & 0.0000013175 .

Current Market Status

As per CoinMarketCap report , Pepe (PEPE) has been trading in between range from all time high value at 0 .000004354 USDT till now recording lowest value as 0 .0000008412 USDT in 24 hours trading volume being 96 million USDT along with 5% low circulating supply i..e 391 billion tokens respectively .

Conclusion

In conclusion , after analyzing all possible factors associated with this crypto currency , we can say that Pepe(PEPE ) definitely has potential for growth in coming days if prices breakout from ascending triangle pattern mentioned above . However ,there are no guarantees that prices will go up accordingly so investors must use their own discretion while investing in cryptocurrencies like any other investment asset class .