Dear Readers,

You might be tracking the Pepe coin, the meme coin which is showing a spectacular run in these days.

See the run:

Currently Pepe coin trades at $0.000004695, a higher of 44.65% from yesterday.

It currently holds the ranking of 50 in the coinmarketcap website. 

In the past 1 week, it trades a higher of 295.13%.

In the past 1 month, it trades at a higher of over 406% in its price. 

Let's see what's cooking up this coin and what are the future prospects of Pepe coin!

This coin listed in all major crypto exchanges and it records the trading volume within the top 5 over these days. 

It is modelled after the well-known Pepe the Frog meme.

PEPE is a decentralised digital currency based on the Ethereum network. 

Since PEPE happens to be the Ethereum chain’s very own meme coin, investors are showing this token with some amount of extra love, especially after the Solana-based meme coin hype.  As Ethereum continues to rally in these days( Currently it trades above 3400 USD- which accounts for a high of 16%), the interest of PEPE also happened from the investors.

The Special offer introduction by Binance to encourage the acquisition and retention of PEPE, made a positive bias for PEPE. 

This official endorsement by Binance has attracted the additional attention from investors towards PEPE.

This strategic move has contributed to the significant increase of PEPE’s trading volume of 2.27 Billion in the last 24 hours alone ( Over 195%) and contributed to its crypto market performance.

If the PEPE’s price trend continues to move up, staying above the crucial 0.0000038 resistance point, there are no worries at all. 

Analyst predicts that it would even surpass the $0.000005 barrier soon.

Alternatively, a downtrend may push the coin to back to retest the $0.0000013 support, risking a decline to $0.000002.

The Moving Average Convergence Divergence (MACD) indicator signals a strong buy-in from investors.

The Relative Strength Index (RSI) is above the 80 points range shows the marking that it is overbought.

Despite the hype and media buzz that can be found everywhere in the internet, investing in Pepe Coins has a significant risk- as always with crypto currencies, we need to be much careful with this brand-new coin with a significant supply in circulation and a tiny market value in the mid to long term investment horizon. 

Let's have a close watch with PEPE coin friends!