PEPE consistently is the third largest memecoin by marketcap. PEPE has had an impressive growth of 30% in last 24 hours outperforming every popular coins. Not only they lead on price rise but for few days, they are the most traded memecoins overtaking Dogecoin. This increase in volume implies a price change that's happening at the moment. Their market cap is still one third of Shiba Inu and have a good possibility of rise. With so many people accumulating PEPE, do you see them dethroning Shiba Inu and Dogecoin to reach the top place for memecoin.
Right now, Pepe is pumping the market again, and for what reason I still have no idea, but it can't be denied that he often makes noise when Pepe rallies its price in the market. Of all the meme coins in this era, Pepe is the only one that can be said to show elegance in terms of its ATH in the upcoming bull run.
It's Pepe's first time to face the bull run, so it will probably show a price value that most people don't expect him to reach for sure. But this time, compared to Shib, I think Shiba Inu is quiet, but still, its market capital is still ahead of Pepe as well as Dogecoin.
PEPE is at it's all time high now. Anyone buying it before a day would have been lucky. Currently it is not wise to buy PEPE at current price as it's on a hike.
The price seems to be increasing but it's not sure how far can they pump it. The price rise is justified with the increased volume in last few days. With every price hikes, comes a dip but it's important to see where PEPE gets its resistance. The longer the price stays in higher level, higher would be the resistance as more people would have bought at a higher price. If it be able to stick at a higher resistance point, it could be a good investment for the next bull run.