Current price:
* The price of PEPE currently ranges around $0.000014 - $0.000015. Multiple reports indicate a price increase over the past 24 hours ranging between 2.20% and 9.05%.
* In euros, the price of 1 PEPE is approximately 0.000012€.
Market capitalization and trading volume:
* The market capitalization of PEPE is approximately $5.6 billion to $6.1 billion.
* The trading volume over the past 24 hours is high, ranging between $2.7 billion and $3.2 billion, with a significant increase in trading volume compared to the previous day.
Key news and updates:
* Strong price increase: PEPE has seen a notable rise in recent days, jumping approximately 80% over the past week.
* PEPE has surpassed Dogecoin and Shiba Inu in trading volume: Some reports indicate that PEPE has surpassed popular meme coins like Dogecoin and Shiba Inu in trading volume and momentum.
* Bullish forecasts: There is increasing speculation that the price of PEPE may continue to rise, targeting levels of $0.000018 - $0.000020 in the short term and potentially reaching $0.00002650 by May.
* Increased interest: CoinGlass data shows that open interest in PEPE futures contracts has reached an all-time high, indicating new buying activity.
* Bullish technical indicators: Technical analysis suggests the uptrend will continue, with a potential target of $0.000016.
* Listing in the Coinbase Coin50 Index (Previous Date): On March 7, 2025, PEPE joined the Coinbase Coin50 Index, increasing its recognition in the cryptocurrency market.
* Breakout structure: PEPE is trading above a strong support area at $0.00001350 after a strong push, with a potential target of $0.00001500+.
* Caution against overbought conditions: Some analysts suggest that PEPE may be in the overbought territory, which could lead to a potential reversal in trend.
Summary:
PEPE is currently experiencing strong bullish momentum with a significant increase in price and trading volume. There are positive short-term expectations, but technical indicators should be monitored closely for the possibility of a correction after the strong rise.
Please note that the cryptocurrency market is highly volatile, and this information is for informational purposes only and does not constitute investment advice.