PEPE Coin recently achieved a new all-time high (ATH) of $0.00002748, reflecting a remarkable 140% increase over the past 30 days. With a market capitalization of $11.15 billion, PEPE has surpassed prominent cryptocurrencies like Litecoin (LTC) and Uniswap (UNI). It now ranks as the 20th largest cryptocurrency by market cap, solidifying its position as the third-largest memecoin after Dogecoin (DOGE) and Shiba Inu (SHIB). 
In the ongoing crypto bull market, PEPE’s impressive rally comes amid a broader surge driven by Bitcoin climbing above $103,000 and Ethereum reclaiming the $4,000 level. These developments have positively impacted the entire crypto ecosystem, fueling interest in major altcoins and memecoins alike. Tokens such as Shiba Inu (SHIB) and Dogwifhat (WIF) have also experienced significant growth during this period.
Since its April 2023 launch, PEPE has recorded an extraordinary 46,373% growth. The token’s open interest has reached a new peak of $369.91 million, representing a 10% increase in the last 24 hours, according to Coinglass data. Analysts suggest PEPE may continue its bullish trajectory, with some predicting the token could hit $1 by 2025, though this target remains far from its current ATH. 
Currently trading within an ascending channel characterized by higher highs and higher lows, PEPE’s price action signals ongoing bullish momentum. With a Relative Strength Index (RSI) of 71 and a Chaikin Money Flow (CMF) value of 0.18, the outlook remains positive. However, signs of overbought conditions indicate potential resistance in the near term. 
TheNewsCrypto analysts have set a year-end price target of $0.00003600 for PEPE, contingent on sustained buying pressure. While optimism remains high, investors are encouraged to conduct their own research before making financial decisions.
Disclaimer: This summary reflects market observations and is not intended as investment advice.
