Among many dog-themed meme coins, Pepe Coin (PEPE) caused a stir in the market upon its launch. This frog-themed cryptocurrency once engaged in fierce competition with top assets like Dogecoin (DOGE) and Shiba Inu (SHIB). PEPE's initial growth was unparalleled, but after a strong rally, the asset's momentum began to slow down. During the last round of increases in 2024, this meme coin reached an all-time high of $0.00002825. Despite the significant rise, the asset failed to maintain its upward momentum. Currently, its trading price has dropped by 69% from its peak.
How did Pepe Coin perform in April?
Like its peers, PEPE also encountered significant resistance this month. At the beginning of April, the asset's price dropped to a low of $0.000005785. However, as this meme coin surged to a high of $0.000009264, its monthly gain reached 10%.
In just the past seven days, this meme coin has surged by 20%. As of the writing of this article, PEPE's trading price is $0.000008683. In the previous 24 hours, the price increased by 2.61%.
Since its launch, PEPE has maintained an incredible growth momentum. In the early days, the price of this meme coin was as low as $0.00000000001062. Over the past two years, the asset has grown by more than 81561395.84%.
Price prediction for the end of April: What is the outlook for Meme Coin?
The PEPE market is expected to end this fourth month of the year with strong momentum. According to data from CoinCodex, this meme coin will achieve double-digit gains in the days leading up to the end of the month. On April 30, the asset's trading price is expected to reach a high of $0.00001365, with a gain of 54.67%.
