$PEPE
🐸 PEPE: What comes next after the Saudi Arabia rumors?
Current price: ~$0.00001413
Previous all-time high (ATH): ~$0.00002813 (December 9, 2024)
Decrease from peak: ~49%
Last week, PEPE attracted attention after rumors that Saudi Arabia was heavily investing in the project. However, this information has been confirmed as misleading. Nevertheless, PEPE did not collapse and still maintained strong buying power.
Key points keeping PEPE stable:
Large community, strong activity.
24h trading volume exceeded $1.3 billion.
Meme coins continue to attract attention.
Technical indicators signaling recovery from a short-term bottom.
Price targets:
Support zone: ~$0.0000135
Resistance zone: ~$0.0000145
If it breaks resistance: aiming for ~$0.000016 – $0.000018
Long-term target: return to peak ~$0.00002813
Risks to consider:
PEPE remains a meme coin, easily influenced by rumors.
Lacks strong real-world applications compared to other foundational projects.
Disclaimer: This article is not investment advice. Please do your own research before making decisions.