Pepe Coin (PEPE) has been making headlines for all the correct reasons, the asset was introduced as the first meme coin with a frog motif
PEPE was observed to be flourishing in the meme coin market, which was dominated by canines. The meme coin has experienced a 52.90% increase in value over the past month.
The asset fluctuated between a low of $0.00000761 and a high of $0.00001625. However, this trajectory was abruptly undermined over the past day. The genuine inquiry is whether PEPE can surpass its present trajectory and achieve substantial gains in the forthcoming month.
Is it possible for Pepe Coin to surge again later today?
The frog-themed meme coin experienced a 3.16% decrease over the past 24 hours. Pepe Coin was trading at $0.00001370 at the time of this writing. It is essential to mention that the asset was priced at a peak of $0.00001444 earlier today.
As indicated by recent data, the number of PEPE holders has significantly increased in the past 30 days. At present, the total number of holders is 438.01K. Regrettably, cruisers constitute the preponderance of these holders.
Cruisers, or addresses that retain an asset for a brief period, typically one to twelve months, account for approximately 59.06% of the market. 6.19% of PEPE investors are speculators, while 34.75% have held it for over a year.
Price Forecast for June
The current price of the meme coin with a frog theme will experience a minor decline. The meme coin will trade at a maximal price of $0.00001125 in June, according to data from CoinCodex. The average trading price of Pepe Coin was established at $0.00001089.
It is essential to mention that PEPE reached an all-time high of $0.00002825 in December 2024, approximately six months ago. At present, the meme coin is 51% below its apogee. PEPE could be further distanced from its all-time high by the asset’s forthcoming price level.
