Bittime - Instead of experiencing a price correction as many analysts predicted, Pepe (PEPE) actually shot to its highest level in history (ATH)! This price increase has made Pepe once again the favorite of crypto traders and investors around the world.
Throughout this week alone, Pepe's price has jumped more than 50%. In fact, in the last month, the price increase has reached more than 100%! Let's take a closer look at the extraordinary performance of this Pepe coin.
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Pepe Coin: The Journey of the Golden Frog
At the beginning of 2024, Pepe started his journey optimistically. The PEPE token price continues to skyrocket and has managed to penetrate important levels.
Also read: Pepe (PEPE) Price Prediction: Will it Increase by 200% in 2024?
This positive trend continued until May 25, 2024, where Pepe reached his new ATH at $0.00001577 (approx. Rp. 2.52)! This price increase was driven by the 13% rally that occurred.
Interestingly, even though there was a liquidation worth $4.58 million (around Rp. 73.28 billion) according to Coinglass, the price of PEPE actually got stronger. This shows the high level of investor interest in this frog meme coin.
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Previously, CoinGape Media reported that Pepe managed to occupy the 20th position in the list of top cryptos based on market capitalization. Coupled with his latest achievements, Pepe's future prospects look very bright.
Also read: PEPE: Pepe's signal will still be bullish, says this observer
Not to forget, the famous crypto trader jwynn.eth just deposited 491 billion PEPE to Binance. This step is thought to be an effort to secure profits amidst the price rally. However, jwynn.eth itself believes that PEPE still has not reached its true value.
PEPE Price Analysis
Source: Bittime
As of the time this article was written, the price of PEPE had decreased by 0.93% in the last 24 hours and is now at $0.00001518 (around Rp. 2.48). Throughout today, PEPE prices moved in the range of $0.00001468 (around Rp. 2.19) to $0.00001577 (around Rp. 2.50).
Coinmarketcap data shows PEPE's weekly increase was 60%, while its monthly increase reached 104.29%.
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According to Coinglass data, investor sentiment towards PEPE is still mixed. Even though Open Interest (OI) rose 21.58%, PEPE derivatives trading volume actually fell 41.05%. The PEPE Relative Strength Index (RSI) is currently in the overbought zone (64), which indicates a potential price correction in the future.
How to Buy PEPE (PEPE) on Bittime
You can buy and sell PEPE (PEPE) in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
PEPE (PEPE) is available on Bittime with the market pair PEPE/IDR. To be able to buy PEPE IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy PEPE (PEPE) on Bittime.
Monitor price chart movements of PEPE (PEPE), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
Pepe's Bullish Signal (PEPE): Price Analysis and Bullish Prediction Amid Fluctuating Markets
This is the Price Prediction for Pepe Coin (PEPE) After Soaring 145% in a Week
PEPE: Price Rises, Traders Sell, Profit More than 90%, Now PEPE is Down?
PEPE Coin Aims for New Top in March As Bitcoin Soars
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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