#Write2Earn Predictions for PEPE's price after its 30% rise: Is it on the verge of a healthy correction or a stronger upward wave? In our dedicated article on PEPE price predictions, we will review its recent price movements to determine its potential direction, and here are the latest updates.

The price of Pepecoin (PEPE) has risen by 5.4% compared to last week, and its performance has outperformed that of its famous meme coin counterparts - such as Dogecoin (DOGE) and Shiba Inu (SHIB) - amid increasing interest from traders recently, as its futures contract volumes - an indicator known as open interest - reached new all-time highs of $650 million.

Some meme coins - especially those based on the Solana blockchain - have gained positive momentum, and PEPE has captured a significant share of it, while some, such as Fartcoin (FARTCOIN) and SPXX6900 (SPX), were among the best performers last month, providing gains exceeding 40%.

PEPE's recent launch has solidified its position as the third largest meme coin by market capitalization at $5.2 billion, distancing itself by about $3 billion from its closest competitor, Official Trump (TRUMP). After PEPE's strong price launch that pushed it up from about $0.0000080 to $0.00001600, is this prominent meme coin's price about to undergo a correction? Or is it preparing to retest its recently recorded highs? $PEPE