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Simon Chandler
Author
Simon Chandler
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PEPE has bounced by 5.5% in the past 24 hours, rising to $0.00001968, after Elon Musk changed his X profile picture to an image of Pepe the Frog, sparking renewed interest in the meme coin.
The meme token has also outperformed its main rivals, Dogecoin and Shiba Inu, which are both down slightly in the past 24 hours.
PEPE is also up by 9% in the past week, and while it is down by 6.5% in a month, it remains up by a very healthy 1,350% in the past year.
This underlines the kind of momentum PEPE has enjoyed in 2024, and with whales still showing plenty of interest in the coin, its 2025 price predictions are strong as well.
Pepe Bounces Back as Meme Coins Recover – Is the Worst Finally Behind Us?
The token has suffered along with the rest of the market in recent weeks, with traders taking profits in the wake of the exuberant post-US election rally.
Yet it’s likely that PEPE and most other cryptos have hit bottoms already, with PEPE’s chart today showing a renewal in short-term momentum.
We see PEPE’s RSI (yellow) rising to 73 this morning, a sign of strong buying pressure after several days of poor performance.
What’s also significant is that the token has also witnessed a sudden lift in trading volume, which has risen from $1.2 billion to $3.5 billion in a matter of hours today.
This is indicative of whale interest, with many of the recent PEPE whales continuing to hold the token in significant quantities.
Based on all this, and based on the coin’s indicators today, we should expect it to continue rising over the next few days, as 2024 becomes 2025.
And looking into the more distant future, the next few months could bring significant gains for PEPE.
This is particularly the case if the new Trump administration (and Republican-controlled Congress) pass positive cryptocurrency legislation, as suggested by Republican lawmakers recently.
If so, we may see PEPE reach $0.000025 by the end of January, and $0.000040 by Q2 2025.
New High-Utility Meme Coins Could Outperform in 2025
PEPE is likely to remain popular in 2025, yet its strong gains this year could mean that it doesn’t rally quite as vigorously over the next 12 months.
If so, many traders may prefer to diversify into newer coins, including presale tokens, which can often rally big when they list.
One of the most promising of these is new ERC-20 meme coin Wall Street Pepe (WEPE), which has raised a hefty $38.5 million in its hugely popular token offering.
Wall Street Pepe is much more than another meme token, with the project planning to launch a trading intelligence platform.
Accordingly, WEPE holders will gain exclusive access to buying signals, real-time analysis and insider trading strategies, while they will also be able to compete in community-based trading competitions.
The winners of these competitions will earn rewards in WEPE, while the token will also be open to staking, making it a very lucrative asset.
Investors can join its sale by going to its official website, where it’s currently available at $0.0003661.
This price will continue to rise fractionally with each successive stage of the sale, while it could potentially explode once it lists on exchanges.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
