PEPE Coin Price Prediction 2024-2030, Here's the Price Analysis!

Bittime - Since its launch in May 2023, Pepe (PEPE) has not shown encouraging performance. In fact, in 2023, PEPE ends the year far from the target of $0.01 (Rp. 160). So, what is the price prediction for Pepe in 2024? Keep reading this article, OK!

Entering 2024, this condition has not changed much. However, recently, the meme coin sector has been on the rise again. PEPE also managed to set a new high record and become the third largest meme coin based on market capitalization. 

With this achievement, can this meme coin continue to rise? Let's explore the PEPE price predictions for 2024 and beyond.

What is Pepe?

Pepe is a cryptocurrency designed to bring humor and meme culture to the crypto world. This coin has a deflation mechanism that aims to create scarcity and increase the value of the token. However, Pepe is for entertainment purposes only and has no intrinsic value or expectation of financial return.

How Pepe Works

As a meme coin, Pepe has no real-world utility. However, these coins can be used to purchase goods and services on several online marketplaces. Despite having no real use, Pepe's appeal lies in its strong community and the entertainment elements it brings.

By understanding these dynamics, it is hoped that investors can make wiser decisions regarding their investments in the crypto world, especially in assets like Pepe.

PEPE Price Prediction 2024-2030

In the PEPE price forecast made on August 9, 2024, it is important to remember that price predictions, especially for highly volatile assets like crypto, are often off the mark. Here are some PEPE price predictions based on technical analysis:

• Year 2024:
  • Minimum price: $0.00000933 (Rp 0.149)
  • Average price: $0.0000203 (Rp 0.324)
  • Maximum price: $0.0000233 (Rp 0.372)
• Year 2025:
  • Minimum price: $0.0000227 (Rp 0.363)
  • Average price: $0.0000259 (Rp 0.414)
  • Maximum price: $0.0000273 (Rp 0,436.8)
• Year 2030:
  • Minimum price: $0.0000716 (Rp 1.14)
  • Average price: $0.0000777 (Rp. 1,243)
  • Maximum price: $0.0000787 (Rp. 1,259)

Pepe Price Prediction for 2024

If the positive momentum continues and PEPE manages to break through its price moving average, PEPE has the potential to reach a target between $0.00000933 (Rp. 0.149) to $0.0000233 (Rp. 0.372) by the end of 2024, with the average price predicted to be at $0. 0000203 (Rp. 0.324).

Pepe Price Prediction for 2025

Technical analysis shows a potential increase in PEPE prices in 2025. The predicted minimum price is $0.0000227 (Rp. 0.363), while the maximum price is predicted to reach $0.0000273 (Rp. 0.436). The average price is projected to be $0.0000259 (Rp. 0.414).

Pepe Price Prediction for 2030

Based on technical analysis, PEPE has the potential to reach a maximum price of $0.0000787 (Rp. 1,259) at the beginning of the next decade. The worst-case scenario estimates the PEPE price at $0.0000716 (Rp. 1,145), while the average price is expected to reach $0.0000777 (Rp. 1,243).

Pepe (PEPE) Price Analysis

On August 9, 2024, PEPE is experiencing an increase. This bullish trend reflects rising investor interest and a lack of significant buying pressure. 

Price weakness below the crucial support level of $0.02 (Rp 320) strengthens the negative outlook and increases the likelihood of further price decline. Without any significant catalyst or change in market sentiment, PEPE's downward momentum is expected to continue.

Pepe Short Term Price Prediction

The PEPE short-term price prediction shows a potential increase of 6% in the next 24 hours and a possible increase of up to 228% on August 31, 2024, reaching $0.00003614 (Rp 0.578). 

However, technical indicators currently indicate bullish market sentiment. Although PEPE experienced 43% green days in the past month, the price volatility of 13.10% highlights the market volatility. Based on this analysis, it is advisable to exercise caution and avoid purchasing PEPE at this time.

Pepe Market Capitalization

Pepe has a maximum supply of 420,690,000,000,000 tokens, and as of August 1, 2024, the entire supply is circulating on the market. The ownership distribution shows that the 10 largest holders own 47% of the total supply.

Conclusion

So, that's the discussion about the price prediction for Pepe (PEPE) 2024-2030. Please remember that this crypto price prediction is simply an estimate of future prices. Nothing is certain in the crypto world, so always do your own research before deciding to invest in crypto assets.

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.