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Pepe coin price is up 77% in the last seven days and now trades at $0.000014.
The cryptocurrency content creator, Black Sea, shared in a recent YouTube video why he’s bullish on PEPE.
The trader also mentioned that if we had to hold Doge, Shiba, or PEPE for a year, which one would you choose?
For those who prefer a fun but serious question, the answer would be PEPE.
According to the video, Benyq, a trader and content creator known for his crypto analysis, is bullish on PEPE as it has something even more powerful than Elon Musk or Vitalik mind.
The crypto traders and content creators are now making a hype about a token that has deep internet culture roots.
The video explained that PEPE the Frog has been a top-tier meme for years, giving it more “mindshare” than any other meme coin out there.
The video dives into the technicals.
As the clip highlighted, traders who entered a bullish trend line on Friday might have already bailed with 56% gains.
Closures above this line suggest a strong relief bounce, which is already playing out. From this breakout alone, traders could have caught over 56% gains – and even more if they used leverage.
But Benyq is not just watching PEPE. He revealed he’s also running a six-figure XRP long and holding spot PEPE.
While he’s still cautious about putting a big leveraged bet on PEPE just yet, he’s clearly watching closely and believes the setup is strong.
On top of the technicals, macroeconomic conditions may be working in PEPE’s favor.
The video notes that talks of Federal Reserve rate cuts and easing tariffs between the U.S. and China could bring more money flowing into risk-on assets like crypto.
Add to that a declining Bitcoin dominance, and you get the perfect storm for altcoins and meme coins to make big moves.
PEPE is already showing this with a 77% gain over the past 7 days at the time of the video.
Right now, PEPE is ranked #25 by market cap. Dogecoin and Shiba Inu still sit much higher, but Benyq thinks PEPE can catch up – or even pass them.
He mentioned a $6.1 billion market cap at the time of recording, which is huge compared to where it was just a couple weeks ago.
And if Bitcoin pushes toward $110K, we might see PEPE reach new all-time highs.
If that happens, Benyq expects PEPE to ride the wave and maybe hit the $0.000028 range again.
As for the idea of PEPE hitting $1, it would require a massive token burn, so it’s not likely – but multiple Xs are still on the table.
Benyq wrapped up the video by saying he’s “very bullish on PEPE” and expects explosive price movement by the end of 2025, especially if macro conditions improve and Bitcoin leads the charge.
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