There have been significant changes in the meme coin market over the past few months. Although Dogecoin (DOGE) and Shiba Inu (SHIB) dominate the space, neither of these assets managed to return to peak levels during the last rebound of 2024. Among the many dog-themed meme cryptocurrencies, Pepe Coin (PEPE) stands out. This emerging asset reached new heights before entering 2025. Last December, the price of this meme coin rose to an all-time high of $0.00002825. However, the recent market crash has led to a 72% drop in the trading price of Pepe Coin from this milestone. The real question is whether the asset can continue to rise, return to this high, or even set new records? Let's take a look at the current market for Pepe Coin.
In the past few days, PEPE has struggled. Over the last seven days, the asset has dropped by as much as 13%. This week has also followed a similar trend. As of this writing, PEPE is trading at $0.000007859. In the past 24 hours, the asset has fallen by 5%.
When will Meme Coin return to its peak?
According to CoinCodex data, Pepe Coin is expected to rebound this month and in June 2025. The company revealed that the asset price could fall to a high of $0.00002682. In the coming month, this meme coin is expected to soar to a high of $0.00003729. This marks a 376% increase from its current price level.
Assuming you invest $5,000 today to buy PEPE coins at its current trading price of $0.000007859, if the token reaches its expected high of $0.00003729 in June, its value could grow to nearly $23,722.45. This means the short-term return would exceed 374%, highlighting its explosive growth potential. However, at the same time, meme coins like PEPE are also highly volatile in the cryptocurrency market.
