Here's the latest Pepe news:
Market Performance
Pepe's price has been on a rollercoaster ride, with an 11.37% increase in value over the last 24 hours, currently trading at $0.00001131. However, it's still 59.96% below its all-time high of $0.00002825 reached on December 9, 2024. The coin's market capitalization stands at $4.75 billion, ranking #27 on CoinMarketCap ¹.
Potential Rebound
Despite the recent downturn, traders predict a potential 110% rebound in the coming weeks. Pepe's daily chart shows a bullish falling wedge pattern, which often precedes a sharp breakout. Momentum indicators like the Relative Strength Index (RSI) and MACD histogram also suggest a bullish move ².
Meme Coin Market Trends
The meme coin market has experienced a decline, with the total market cap dropping from $150 billion to under $70 billion. Other meme coins like Floki (FLOKI) and dogwifhat (WIF) have also seen significant declines. However, Pepe's recent price surge could be a sign of a potential recovery ².
Related Developments
The MIND of Pepe ($MIND) presale has raised nearly $6 million in funding, with some investors eyeing it as a potentially profitable AI agent token. $MIND holders will gain early access to digital assets with strong market potential, positioning them for maximum returns ².#TrumpMediaBitcoinTreasury #PEPE



