Pepe Price Prediction: PEPE Pumps 15% As This Layer-2 Alternative Closes On $25 Million
The Pepe price surged 15% in the last 24 hours to trade at $0.000009520 as of 00:29 a.m. EST on trading volume that skyrocketed 86% to $2.2 billion. This comes as the meme coin space jumped 24% to reach a $74.4 billion market capitalization after Bitcoin hit a new all-time high on expectations that Donald Trump will win the US election. Other leading meme coins also recorded massive gains, with DOGE leaping 24.5%, SHIB soaring 10.7%, and WIF surging 6.6%. Pepe Price Poised For A Breakout The Pepe price has declined since May after it hit its all-time high of $0.00001717. However, the $0.0000080 acted as a major support level, which allowed the price of Pepe to trade within a descending triangle pattern, according to data from GeckoTerminal . The PEPE price now aims for a breakout, as it trades within the triangle’s upper boundary. PEPE now trades slightly above the 50-day Simple Moving Average (SMA), which shows that the Pepe price is currently building momentum. A positive...