The meme coin market has always been buzzing with meme coins. While the OG meme cryptocurrency Dogecoin (DOGE) started the trend, several dog-themed meme coins began making their debut. Even though most have failed miserably, assets like Shiba Inu (SHIB) have remained relevant. Amidst this, the entry of a frog-themed meme coin was a game-changer. Pepe Coin (PEPE) made a rather loud entrance into the market. But has the asset carried this sentiment on, and will it continue standing out in this canine-filled market?
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A Look At PEPE’s 4.44% Drop Over The Past 24 Hours
April and March have been extremely bullish for Pepe Coin. The asset went from trading at a low of $0.00000728 to a high of $0.00001536. During this period, the meme coin recorded a notable spike of 82%. This hot streak was disrupted by the recent correction. In the past 24 hours, PEPE has dipped by over 4%. At the time of writing, the asset was trading at $0.00001341.
The community is eagerly waiting for the meme coin to delete another zero. At its current price, PEPE is 52% below its all-time high. The asset reached a peak of $0.00002825 just five months ago in December. The real question is if PEPE has the ability to make it past its previous all-time high.
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May End Price Prediction
It looks like the cryptocurrency will end the month on a great note. According to data from CoinCodex, during the last two days of May, PEPE will encounter a 41.54% and 48.64% increase from its current price. The firm set the asset’s price at $ 0.00001899 and $ 0.00001994 on May 30 and May 31.
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