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How High Will PEPE Coin Trade This Weekend?

How High Will PEPE Coin Trade This Weekend?

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The complete cryptocurrency market was painted crimson over the previous 24 hours. The meme coin market, specifically, took a large hit. Assets like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe Coin (PEPE) took a backseat. PEPE recorded a brand new all-time excessive of $0.00002825 simply eleven days in the past. But now, the meme coin is buying and selling 45% beneath its peak. Will the asset get well in the course of the weekend and herald beneficial properties for PEPE traders?

PEPE Records Double-Digit Drop

PEPE
Source: CoinGape

Over the previous 24 hours, the meme coin recorded a large downfall of 20%. At the time of writing, PEPE was buying and selling at $0.00001544. The cryptocurrency was buying and selling at a excessive of $0.00001960 earlier in the present day.

Source: CoinMarketCap

The newest drop within the asset was associated to the general market downfall. The cryptocurrency market hit resistance ranges and was seen taking a break from the latest spike in response to a tough stretch for US inventory markets and the announcement of one other Fed price lower. It’s necessary to do not forget that even PEPE’s setback represents a potential uptick.

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PEPE Price Prediction

Source: CoinCodex

According to latest information, Pepe Coin will rise 20% from its present worth to a peak of $0.00001876 over the subsequent couple of days. On December 22, the meme coin will report a 12.96% and commerce at $0.00001763.

Amidst this, a whale poured in $2.72 million in 150 billion PEPE tokens to the cryptocurrency market Binance. It’s attention-grabbing to notice that the whale had beforehand taken out the an identical sum from the cryptocurrency exchange on November 28.

The 150 billion PEPE was valued at $2.94 million. This information was just lately dropped at mild by the distinguished agency Lookonchain. It looks like the frog-themed cryptocurrency may see extra whale exercise as the worth of the asset has dipped over the previous day.

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