The meme coin market is always bustling with meme coins. While OG Meme Cryptocurrency Dogecoin (Doge) began trending, several dog-themed Meme Coins began making their debut. Most people have failed miserably, but assets like Shiba Inu (Shib) continue to be relevant. Of this, the entry for frog themed meme coins was a game changer. Pepe Coin (Pepe) has created a rather large entrance into the market. But did the assets convey this sentiment? And does it stand out in this dog-filled market?
Watch 4.44% of Pepe fall over the last 24 hours
April and March were very bullish for Pepecoin. The asset has reached a high of $0.00001536 from trading at the lowest price of $0.0000728. During this period, Memecoin recorded a prominent spike of 82%. This hot streak was destroyed by a recent fix. In the last 24 hours, Pepe has been soaked by more than 4%. At the time of writing, the assets were trading at $0.00001341.
The community is eagerly waiting for the Memecoin to remove another zero. At current prices, Pepe is 52% below its all-time high. The assets peaked at $0.00002825 in December just five months ago. The real question is whether Pepe has the ability to make it beyond the previous record highs.
Price forecasts may be terminated
Cryptocurrency seems to end the month with a great note. According to Concodex data, in the last two days of May, Pepe will encounter an increase of 41.54% and 48.64% from its current price. The company set the assets priced at $0.00001899 and $0.00001994 on May 30 and May 31st.
