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Pepe Set to Join Dogecoin, Shiba Inu As Multi-Billion Dollar Meme Coin By 2025: 'Massive Breakout' Coming Soon, Trader Predicts
Source: Buzz FX / 27 Nov 2024 09:10:17 America/New_York
Recent listings on Coinbase and Robinhood have invigorated bullish sentiment about Pepe, with traders calling for new all-time highs to come soon.
Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Pepe (CRYPTO: PEPE) $0.00001833 $7.7 Billion +1.8% -9.2% Dogecoin (CRYPTO: DOGE) $0.3934 $57.8 Billion +4% +0.99% Shiba Inu (CRYPTO: SHIB) $0.00002499 $14.7 Billion +4.2% +1.9% Trader Notes: Crypto trader MaxBecauseBTC sees Pepe standing out in the meme coin space, predicting it will join Dogecoin and Shiba Inu as multi-billion-dollar assets.
In a post on X on Tuesday, he emphasized that while most meme coins will fade quickly, Pepe’s enduring appeal could establish it as a key player in the market.
Max highlights a potential "flight to quality" among investors, moving away from weaker meme coins toward those with stronger speculative value. This shift, he suggests, could lead to a rapid repricing of high-potential assets like Pepe.
Similarly, trader Dami-Defi predicted a "massive breakout" for Pepe in the near future, further cementing its position among top-tier meme coins.
Statistics: IntoTheBlock data shows large transaction volume increasing by 187.3% and daily active addresses down by 7.2%. Transactions greater than $100,000 remain relatively flat at 446.
Around 86% of Pepe holders are currently making profit.
Community News: In mid-November, Coinbase listed Pepe on its exchange.
Robinhood also announced the listing of Pepe on its platform thereby expanding its coverage to a broader U.S. audience.
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