🚨The PEPE coin witnessed a significant price increase on Thursday, May 8, 2025, rising by more than 33% in 24 hours, reaching approximately $0.00001104, its highest level since mid-February.⏱️💥✅
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📈 Reasons for the price increase $PEPE :
1.
The price of Bitcoin surpassed $100,000, leading to a general recovery in the cryptocurrency market, especially meme coins like PEPE.
2. ⏱️💥👈$PEPE ✅Now, go ahead👍
A major investor withdrew 2 trillion PEPE from the Binance platform, valued at about $17.9 million, indicating increasing confidence in the coin's performance.
3.
Bullish technical patterns such as "cup and handle" and "double bottom" have formed, attracting traders' interest and increasing buying momentum.
4. $BTC
The daily trading volume increased by 235% to $1.84 billion, reflecting significant and accelerating interest from investors.
5. Stability of Monetary Policies
The U.S. Federal Reserve's decision to keep interest rates unchanged has bolstered investors' risk appetite and supported the cryptocurrency market.
🔮 Future Predictions for PEPE:
Some analysts expect the price of PEPE to reach $0.00001465📊 in the near term, with the possibility of reaching $0.000020 📉 if the positive momentum continues.
Despite the strong performance, investors are advised to exercise caution. Meme coins are characterized by high volatility and trends can change very quickly, so careful risk management is preferred.
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