TL;DR
Analysts spotted bullish technical patterns and envisioned further gains for PEPE.
One popular X user believes the meme coin will soon flip SHIB and become the second-biggest meme coin.
PEPE on the Run
The frog-themed meme coin has followed the overall rally of the cryptocurrency market in the past several days. Just a few hours ago, it spiked to $0.00001307, which represents a 27% weekly increase.
PEPE Price, Source: CoinGecko
PEPE’s market capitalization currently stands at around $5.5 billion, making it the 34th-largest cryptocurrency and the third-biggest in the meme coin sector.
Some analysts believe the asset’s bull run is only starting. The X user Max thinks PEPE “is about to begin flying,” adding that “conviction has never been higher than right now.”
$Pepe is about to begin flying. Conviction has never been higher than right now.
This is exactly the same set up at Feb/March of 2024 except this time we have ETHBTC as a tailwind instead of a headwind.
Loo
We współpracy z: https://cryptopotato.com/pepe-soars-by-27-weekly-can-it-flip-shib-next/
