The price of the Pepe (PEPE) coin surged by nearly 58% over the course of a month, raising questions about the possibility of reaching the $0.01 mark, especially since the recent price movements of PEPE have not received the necessary coverage, but its market value currently stands at $5.88 billion after an increase of 0.29%.

Pepe (Pepe Coin-PEPE) continues to advance in the race to claim the throne of meme coins after it recorded a strong monthly launch with an increase of 57.9% amid growing fears of missing out (FOMO), with meme coins inspired by the Pepe frog logo leading the performance race ahead of other competitors. This has turned its early supporters into the biggest winners overnight, as PEPE has remained resilient in a market dominated by liquidation and a rush to take profits; its price rose by 5% in the last 24 hours, making it the only winner among the seven major meme coins.

This recent display of strength has raised a bold question within crypto trading communities and enthusiasts about the possibility of PEPE reaching the price of $0.01$ in the long term.