Hope Rises, PEPE Coin Price Rises 10% During Market Crash

Bittime - In the midst of the crypto market turmoil which is experiencing a drastic decline, PEPE Coin managed to steal attention with a price surge of 10%. How could this happen? What drives the price of PEPE Coin to rise when others are declining? Let's explore it further.

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Factors Causing the Increase in PEPE Coin Prices

Based on the latest data, PEPE Coin showed an impressive performance with a price increase of 10% in the last 24 hours. This increase occurred in the midst of a market crash that hit most other cryptocurrencies. 

Some factors that may have contributed to this increase include:

Community Support

PEPE coin has an active and dedicated community, which continuously supports and promotes this coin. Community power is often a key driver in maintaining stability and driving prices up.

Increased Trading Volume

Based on data from over, PEPE/USDT trading volume showed a significant increase. High trading volume usually indicates great investor interest and good liquidity, which can push prices up.

Positive Market Sentiment

Even though the market as a whole is experiencing a downturn, there are times when some coins get positive sentiment from certain news or developments. PEPE may get positive sentiment from news or announcements that have not been detected by the wider market.

Read also: Bitcoin Price Prediction after Drop to $53,000 according to Crypto Academy

What Should Investors Expect from PEPE Coin?

With the price of PEPE Coin rising by 10% during the market crash, many investors are starting to see the long-term potential of this coin. Here are some hopes that emerged from investors:

Price Stability

Investors hope that this increase is not just temporary, but a sign of greater price stability in the future. Price stability is an important factor in attracting more investors into the PEPE market.

Project Development

Many investors hope that the development team behind PEPE Coin will continue to innovate and develop the project. With updates and improved functionality, the price of PEPE Coin may continue to increase.

Wider Adoption

Investors also hope that PEPE Coin will gain wider adoption, both from individuals and institutions. Wider adoption would increase liquidity and push prices up further.

Conclusion

The 10% increase in the price of PEPE Coin during the market crash is an interesting phenomenon and shows the great potential of this coin. With strong community support, increasing trading volume, and positive market sentiment, PEPE Coin is showing impressive performance amidst market uncertainty.

Investors interested in PEPE Coin are encouraged to continue monitoring the latest developments and conduct in-depth research before making an investment decision. By staying up to date with the latest trends and news, investors can maximize the potential profits from investing in PEPE Coin.

How to Buy Crypto on Bittime

You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of Indonesia's best crypto applications, officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime. 

Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.