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加密貨幣新聞文章

PEPE Price Prediction for May 2025: Will Pepe (PEPE) Hit $1?

2025/05/08 20:41

PEPE Price Prediction for May 2025: Will Pepe (PEPE) Hit $1?

With Bitcoin (BTC) heading closer to the $100k mark after breaking its bearish pattern, altcoins and especially memes have been flying at record levels.

Pepe is also witnessing some bullish momentum, but for how long can this continue? Let’s find out in this PEPE price prediction for May 2025.

Currently ranked at the 28th position with a market cap of $3.66 billion, Pepe (PEPE) has enjoyed a decent bull run so far with prices reaching $0.00002825, in December 2024, which marked its all-time high. Since then the token has seen a 67% drop in prices and is currently trading at $0.0000093, and showing some signs of strength.

In this article, we’ll discuss the PEPE price prediction by giving you its short and price forecasts, and specifically focus on the Pepe price prediction for May 2025.

What is Pepe?

PEPE is a deflationary meme coin that is built on Ethereum. The cryptocurrency was developed in homage to Matt Furie’s Pepe the Frog online meme, which became well-known in the early 2000s.

The project seeks to become one of the leading meme-based cryptocurrencies by taking advantage of the popularity of meme coins such as Dogecoin and Shiba Inu. By enacting a tax-free policy and being transparent about its lack of use, PEPE appeals to the cryptocurrency community and maintains its meme coin simplicity.

Early holders became millionaires as a result of PEPE’s meteoric rise in late April to early May 2023, which also attracted a robust community of like-minded followers and drove its market cap to $1.6 billion. It has caused what some have dubbed a “meme coin season,” with other meme coins—some of which were launched within hours—going through equally amazing upswings and downswings.

Although many believers are hoping for a bull run as the next Bitcoin (BTC) halving cycle approaches, it is unclear if PEPE and other memecoins will reach new heights.

Now let’s discuss PEPE price prediction for May 2025 both from a technical point of view and also look into some fundamental factors that could affect the price as well.

Pepe short-term price prediction

What can be a realistic projection for the PEPE token? Let’s analyze this token for a short term outlook and then discuss Pepe price prediction for May 2025.

Pepe coin price prediction: short-term outlook

According to CoinCodex’s PEPE price prediction for the near future, the token is predicted to rise by 227.44% and reach $0.00002873 by June 1, 2025.

Analysts on X believe PEPE is standing on its key horizontal support and also the MACD indicator has turned bullish.

$PEPE is respecting a rising trendline beautifully, with multiple successful touches (highlighted in yellow), showing strong underlying support.The price recently bounced again from this trendline, right above a key horizontal support zone. Additionally, the MACD indicator is… pic.twitter.com/ITJQB5cWiE— CryptoBen (@ben_crypto_/March 14, 2025)March 14, 2025

Some analysts are also calling for a pump based on the double bottom pattern that is forming on PEPE.

#PEPE Analysis: We're currently retesting the neckline of the double bottom pattern, indicating potential bullish momentum. #PEPEUSDT Don’t miss out – join our VIP SIGNALS Group for expert crypto signals and in-depth analysis, DM me! pic.twitter.com/lg1sMd70HZ— VIP Signals (CRYPTO) (@signals_vip_)March 13, 2025

PEPE price factors for May 2025

BTC’s recent breach above the $78,000 level and its steady march toward the psychologically critical $100,000 mark has triggered a positive wave across the crypto market. Historically, when BTC obtains great momentum, liquidity tends to migrate into altcoins, with meme coins often seeing extreme swings.

This setting is advantageous for PEPE in particular since it fits with the memecoin pattern of quick, sharp moves during periods of bullish mood. Technical indicators like MACD have turned bullish, suggesting possible upside, while the coin, which is presently trading at $0.0000087, has recently recovered from significant horizontal support.

PEPE could easily reach its previous all-time high of $0.00002825 in the upcoming weeks if Bitcoin keeps moving in the direction of $100k and meme currencies keep up with the

原始來源:crypto

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