Summary
TLDR: PEPE, the third biggest memecoin, grew by almost 800% in the last month and now has a market cap of almost $3B. The number of holders has increased by 25,000 in two weeks, indicating growing trust in the currency. On-chain and Technical Analysis suggest that PEPE’s price could soon reach new all-time highs. Profitable holders are worth watching, with 86% currently making a profit. The EMA Cross brings a bullish signal, with the potential for PEPE to reach $0.00001 in the near future. Holding above $0.0000069 is crucial to avoid a significant downturn.
Key Points
1. PEPE, the third biggest memecoin in the market cap, behind just DOGE and SHIB, grew by almost 800% in the last month, now almost topping the $3B market cap.
2. PEPE gained more than 25,000 holders within two weeks, indicating a growing trust in the currency and serving as a solid foundation for sustained upward price pressure.
3. PEPE’s EMA Cross brings a bullish signal, with the potential for its price to continue its upward journey and reach historic highs.