In recent days, PEPE, one of the most popular meme coins of 2024, has once again caught the attention of traders and crypto investors. The chart above shows a significant increase of +6.75%, supported by a steady bullish trend and an RSI that remains above 60, indicating strong buying momentum.
Why is PEPE attracting so much attention?
1. Active community: PEPE enjoys massive support on social media, similar to the meteoric success of DOGE or SHIBA.
2. Increasing volume: Recent trading volumes on Binance and other major platforms show a rise in institutional interest.
3. Bullish chart: The formation of continuous green candles and alignment with a moving average (MA9) provide clear buy signals.
Is this the right time to enter? 📈
Although meme coins are highly volatile, several analysts see PEPE as a serious contender to ride the wave of the next bull run, especially if Bitcoin maintains its stability around key levels.
👉 Tips: Always do your own research (DYOR), and only invest what you can afford to lose. This remains a speculative asset.