On January 13, 2025, PEPE, a digital meme coin, saw significant market movements.
Key developments:
Exchange Listings: PEPE’s listing on major exchanges like Binance.US and Coinbase has led to a significant increase in trading volume and value of the coin, making it outperform other meme coins like Dogecoin and Shiba Inu.
Whale Activity: PEPE has seen increased activity from large investors, which has helped boost its market value.
Price forecast for 2025:
Short-term (January 2025): PEPE is expected to trade between $0.000028 and $0.000032 with stable trading volumes.
Medium-term (Q1 2025): The price may reach $0.000035, followed by a possible correction.
Long-term (H1 2025): Expected price range between $0.000030 and $0.000034, with potential to reach $0.00012 in an optimistic scenario.
Technical analysis:
Double Top Pattern: Some analysts suggest that a double top pattern may be forming, which could indicate future selling pressure.
Funding Rates: High negative funding rates on platforms like Crypto.com may indicate expectations of a price decline.
Notes to investors:
Despite the upward momentum, investors are advised to exercise caution due to the potential for market volatility and corrections.
Sources:
PEPE Price Prediction: Whale Activity and Exchange Listings Push It to Become the Third Largest Meme Coin.
PEPE Price Forecast 2024-2030: Forecast and Analysis for the Next Decade.