$PEPE Halving Event: What You Need to Know! The Effect on PEPE Price In The Future & The Major Support & Resistance Price You Need to Look For✨

PEPE halving event became one of the most anticipated events in the cryptocurrency market, with PEPE's vibrant community and meme driven appeal.

As of now, PEPE is priced at $0.0000175, with a market cap of approximately $7.28 billion and a 24 hour trading volume of $235 million.

These figures place PEPE as the 25th largest cryptocurrency by market cap, reflecting the growing interest and momentum behind the token.

The success of PEPE mirrors the increasing posibility of meme coins doing well in this bulltun, positioning it alongside $DOGE & $SHIB .

A major event that could impact PEPE’s price trajectory in the coming weeks is the PEPE Halving Event, set to occur later this month. During this event, the reward for mining PEPE will be cut by 50%, reducing the overall supply of the token entering circulation.

Historically, halving events in cryptocurrencies have been associated with price increases, as they limit new token supply while demand either remains steady or increases.

🐸 PEPE's Current Support and Resistance Price:

Upper Resistance Price: $0.00001950

Downwards Support Price: $0.00001640

For PEPE, the halving event is particularly important because it could drive scarcity, potentially leading to an increase in investor demand.

If the reduced supply combined with growing interest from the community and investors drives the price up, we could see a substantial rally for PEPE in the long run getting it closer to 1 Cent and maybe more🥂