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The cryptocurrency market and meme coin realm have a newcomer called Pepe Coin that is now the talk of the town. Within just a few days since its inception, PEPE has provided its early investors with mind-blowing returns, according to CoinMarketCap. The Pepe coin price has shot up so high that it went from a low of $0.00000002764 on April 17, 2023, to an all-time high of $0.000004354, depicting a meteoric rise before falling to its current price. Also read: Dogecoin Price Prediction: May 2023 Pepe Coin has shot up by 3564% in the last 30 days, making its early investors millions. However, the new meme coin has plummeted by almost 50% in the last 3 days. Is the thrill ride over for PEPE? Let us find out. Is the Rally Over for Pepe Coin? PEPE has been the talk of the town ever since its inception. Within a month of its exceptional rally, the new meme coin has given its investors an ROI of 8052%. Even though many speculated that PEPE would be just another pump and dump...

Also Read: US SEC Asked To Reply In 10 Days To Coinbase Complaint advertisement Meanwhile, the Crypto Market recovered slightly from recent losses after the US Federal Reserve announced a 25 bps target rate on expected lines. The Bitcoin price rose by over 2% in the last 24 hours, rising hopes of a jump above the $30,000 level. Whale Exchanges All His Crypto For PEPE On Thursday, on chain data showed that a crypto whale exchanged almost all assets for $ PEPE Coin . Interestingly, the trades, which were made around 15 hours ago, cumulatively resulted in over $1 million worth profits. “The whale exchanged 20.62 $WBTC worth $590,000, 17 billion $CULT worth $90,000, 44,194 $UNI worth $235,000 and 19.96 $ETH worth $37,000 for 1.72 trillion $PEPE worth $2.19 million currently.” Trending Stories MATIC Price Prediction: Polygon Price at Monthly Support Plots a Quick 12% Jump 24/7 Cryptocurrency News St...

Pepe Coin (PEPE) has managed to bring itself under the memecoin spotlight, which was previously only on Dogecoin (DOGE) and Shiba Inu (SHIB). The digital asset has made significant gains since its launch in April. The token has rallied by 442.6% in the last two weeks and 299.5% in the previous seven days. Shiba Inu vs Pepe Coin: Who will reach $0.01 first? To reach a price of $0.01, Shiba Inu (SHIB) would need to rally by 99,900%. On the other hand, Pepe Coin (PEPE) needs a whopping 970,773.79% return. Relatively, SHIB’s target looks more achievable in theory. However, this is not the only aspect of reaching $0.01. There are other factors to consider as well. Secondly, there is a question of use cases. Pepe Coin (PEPE) is a brand-new project with little to no real-world use cases. It is possible that the people flocking to the token are only looking for a “get-rich-quick” project. Additionally, there is not enough liquidity for the investors to cash out just yet. Shiba I...