The cryptocurrency industry witnessed the arrival of Pepe Coin (PEPE) in the canine-populated meme coin market. Despite the stronghold of Dogecoin (DOGE) and Shiba Inu (SHIB), PEPE managed to make headlines. After the success of SHIB, in particular, the industry witnessed the advent of new meme coins. While hundreds made their debut, only a few managed to stick around. PEPE was one among them. While the asset started the new year on a good note, the community is looking forward to its performance over the next couple of weeks.
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PEPE Pockets Double-Digit Gains
Source: Financial News
PEPE’s recent performance during the last two months highlights how the coin has increased by 22.36%. This indicates a significant upward trend. The surge in its value may be linked to a number of causes, including increased interest in meme currencies, which has produced an optimistic attitude in the market.
Source: CoinMarketCap
Throughout the past week, the prominent meme coin PEPE managed to surge by over 11%. During the time of writing, the asset was trading at $0.0000206. Just a month ago, the cryptocurrency hit an all-time high of $0.00002825. PEPE currently trades 27% below this peak.
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Mid-January Prediction
Source: CoinCodex
According to data from CoinCodex, the next few days are going to be extremely bullish for the meme coin. The asset is expected to surge all the way to a high of $0.00003068, which marks a 48% rise from its current price level on January 13. PEPE will reportedly witness a slight setback and be priced at $0.00002777 on January 15. The asset will surge by 34% from its present state in order to reach this mark. It is clear that investors in the meme coin will pocket big bucks over the next couple of days.
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