Pepe Price Prediction 2023-2030: Will PEPE Price Hit $0.00001 Soon?

• Bullish PEPE’s price prediction ranges from $0.00000439 to $0.00000468
• PEPE’s price might also reach $0.000005  this 2023.
• PEPE’s bearish market price prediction for 2023 is $0.00000169.

Ever since its launch, PEPE has caught the attention of the crypto community as it seeks to make “meme coin great again.” PEPE is a meme coin launched on Ethereum. The meme coin was also created as a tribute to Matt Furie and his revolutionary creation of Pepe the Frog. However, PEPE pointed out that the meme coin has no association with Matt Furie or his creation and is “simply paying homage to a meme.” 

Even though PEPE has mentioned that the coin is for entertainment purposes, crypto analysts and traders have observed that the meme coin surged by 1000x in just four days. Moreover, reports have come in stating that traders have made profits with this meme coin in just a short span of time. However, will PEPE’s uptrend end soon? Or, Will it continue to remain in traders’ portfolios?

Let’s now understand PEPE and how it is formed. Moreover, this article will conduct a comprehensive analysis of PEPE and forecast the price for 2023, 2024, 2025, 2026, till 2050.

Pepe (PEPE) Market Overview

What is Pepe (PEPE)?

Reportedly, PEPE is an ERC-2- token launched on the Ethereum blockchain. The project hopes to take advantage of the demand for meme coins and become “the king of memes.” Moreover, Pepe hopes to make meme coins great again and provide a coin for the people. To further point out that Pepe is a people’s coin, the meme coin explains that it was launched with no presale and employed a no-tax policy, a burning mechanism, and rewards long-term stakers.

Explaining the tokenomics, 93.1% of PEPE were sent to the liquidity pool. The LP tokens were burnt and the contract was renounced, while the remaining 6.9% of the supply was held in a multi-sig wallet for centralized exchange listings, bridges, and liquidity pools. Moreover, PEPE informed that the wallet could be easily trackable with the ENS name ‘pepecexwallet. eth’.

Although the meme coin is relatively new, PEPE has already achieved a few of its goals stated in the roadmap. In phase 1, PEPE hoped to launch, list in CoinGecko and Coinmarketcap, get almost 1000+ holders, and become trending on Twitter. PEPE has also achieved its goals in phase 2 as it was recently listed on centralized exchanges.

The meme coin was also created as a tribute to Matt Furie and his revolutionary creation of Pepe the Frog. However, PEPE pointed out that the meme coin has no association with Matt Furie or his creation and is “simply paying homage to a meme.”  

Analysts’ View on PEPE

A popular crypto analyst, Ben Armstrong shared a tweet asking the crypto community to rate the meme coin portfolio. Armstrong pointed out that the meme coin portfolio is a personal one. This is one of the indications that PEPE has attracted popular crypto analysts.

PEPE’s demand could be clearly observed across the crypto space. Moreover, Binance listed PEPE in the innovation zone, which further helped the meme coin to become even more popular. The crypto community also congratulated the Pepe project on this achievement.

David Gokhshtein, the founder of Gokshtein Media also mentioned that PEPE has further accelerated the adoption of our industry. Another proof that PEPE has become one of the popular meme coins as crypto enthusiast continues to add this token to their portfolio.

PEPE Current Market Status

PEPE is ranked in the 54 position based on its market capitalization, according to CoinMarketCap. The current circulating supply of the PEPE is 391,790,000,000,000 PEPE, while its total supply is 420,690,000,000,000.

Moreover, PEPE is priced at $0.000002294, experiencing an 86.95%% surge in seven days and 3953.42% in 30 days. With a market cap of $903,167,549, PEPE also witnessed a 17.49% fall in 24 hours. Moreover, PEPE is facing a fall in its demand as the trading volume, valued at $949,114,563, experienced a fall of 19.83%% in one day.

Some of the crypto exchanges for trading PEPE are currently Binance, KuCoin, OKX, Huobi, and Gate.io. Now, let’s dive further and discuss the price analysis of PEPE for 2023.

PEPE Price Analysis 2023

Will PEPE’s demand continue to rise up as time passes? Moreover, would the changes in the digital asset industry affect PEPE’s sentiment over time? Read more to find out about PEPE’s 2023 price analysis.

PEPE Price Analysis – Bollinger Bands

The Bollinger Bands is a technical analysis tool that is used to analyze price movement and volatility. Bollinger Bands (BB) utilizes the time period and the stand deviation of the price. Normally, the default value of BB’s period is set at 20. The upper band of the BB is calculated by adding 2 times the standard deviations to the Simple Moving Average (SMA), while the lower band is calculated by subtracting 2 times the standard deviation from the SMA. Based on the empirical law of standard deviation, 95% of the data sets will fall within the two standard deviations of the mean. 

Looking at the charts, the candlesticks are currently trading on the bottom half of the indicator, which is the bearish signal for the chart. Moreover, the candlesticks have touched the bottom band of the indicator, which could be a sign that PEPE could reach the top half of the indicator.

Earlier, whenever the bands started to expand, PEPE observed high volatility in the market and witnessed a trend reversal. Currently, the bands are narrow compared to its past behavior. This could be a sign that PEPE would remain within the lower half of the Bollinger Bands, before it could reach the top half. If the bands expand, then, traders can confirm that PEPE is observing high volatility in its behavior with a high probability for a trend reversal.

PEPE Price Analysis – Relative Strength Index(RSI)

The Relative Strength Index (RSI) is a momentum indicator utilized to find out the current trend of the price movement and determine if it is in the oversold or overbought region. Traders often use this tool to make decisions about when to buy or sell the tokens. When the RSI is often valued below or at 30, it is considered an oversold region, and a price correction could happen soon. Moreover, when the RSI is valued above or at 70, it is considered as the overbought region, and traders expect the price could fall soon.

The RSI continues to remain within the values of 70 and 30 as it is valued at 37.70. Moreover, if the RSI is between 50 and 30, it is often considered a weak trend.   Looking closely, there is a high chance that PEPE could fall into the oversold region and could expect a price correction in a short time. Another main reason why PEPE could come back from its downfall in the oversold region quickly is because of the rising demand and bullish expectations for this meme coin observed in the market.

PEPE Price Analysis – Moving Averages (MA)

In a short span of time, PEPE has observed the formation of a golden cross and a death cross. Since PEPE recently saw the death cross forming, after the 50MA crossed below the 200MA. The death cross is often seen as an upcoming bearish sentiment. However, the distance between the indicators is still narrow, indicating that a trend reversal could happen soon. Once again the demand for this meme coin could also be another driving factor that could make the candlesticks trade above the 200MA.

PEPE Price Analysis – Moving Average Convergence Divergence (MACD)

The Moving Average Convergence Divergence (MACD) indicator can be used to identify potential price trends, momentums, and reversals in markets. MACD will simplify the reading of a moving average cross easier. The MACD indicator is calculated by subtracting the long-term EMA (Exponential Moving Average) indicator from the short-term EMA. Normally, the default values for the MACD are set at 12-day EMA, 26-day EMA, and 9-day EMA. Moreover, MACD is considered a lagging indicator as it cannot provide trade signals without any past price data. MACD plays an important role as it can confirm the trends and identify potential reversals.

Looking at the chart, the MACD line is above the signal line, which is the bullish sentiment. Moreover, the MACD line continues to rise up above the signal, which further confirms PEPE’s bullish sentiment. The bullish pattern could reside for some time before any expectations for a price correction. However, the price correction could make PEPE face a slight fall before it starts rising toward the bullish market.

PEPE Price Prediction 2023 – 2030 Overview

PEPE Price Prediction 2023

Recently, the candlesticks have been trading danger close to the Support region. PEPE also went below the Support region earlier, however, it retraced its steps and traded above the Support region. Moreover, as explained before, MACD confirms the bullish sentiment of PEPE as the indicator is above the signal line. It also continues to move upward indicating that PEPE may continue to rise pointed up. Looking at the ADX indicator, the indicator confirms that PEPE’s trend strength is strong and may continue to move in an uptrend. 

Hence, the price prediction of PEPE for 2023 remains to be bullish and is expected to reach beyond the level of $0.00000439. Although PEPE reached this level this year, we can expect the meme coin to retrace its steps once again. The bearish price prediction range for PEPE is between $0.00000183 to $0.00000169. PEPE could also reach $0.000005 this year, which is extremely bullish sentiment. 

PEPE Price Prediction – Resistance and Support Levels

Since PEPE is a new coin and has fallen from its initial trading value, the short-term Support and Resistance level plays a vital role to identify the meme coins recovery. At its current level, PEPE needs to reach the Resistance 1 level at $0.00000242. The area between $0.00000275 and $0.00000246 could be considered a critical zone for a bullish signal, which means PEPE has a higher probability of experiencing a continuous uptrend in this region. 

If PEPE breakthrough Resistance 3 at $0.00000316, then, there is a high possibility that the meme coin could reach the area between Resistance 5 and Resistance 6, while facing slight bumps along the way. If PEPE breakthrough Resistance 6 at $0.00000440, then, the meme coin reaches a new All-Time High.

PEPE Price Prediction 2024

Traders are looking forward to this year as it could be a historic moment for cryptocurrencies, as the Bitcoin halving is expected to happen in 2024. Most of the time, whenever BTC rises, traders have observed a similar surge in the altcoins. Alike altcoins, meme coins could also experience a massive surge this year.PEPE could also be affected by Bitcoin halving and could trade beyond the price of $0.000009 by the end of 2024.

PEPE Price Prediction 2025

PEPE could still experience the after-effects of the Bitcoin halving and is expected to trade above its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, PEPE would continue to rise in 2025 forming new resistance levels. It is expected that PEPE would trade beyond the $0.000012 level.

PEPE Price Prediction 2026

It is expected that after a long period of bull run, the bears would come into power and start negatively impacting the cryptocurrencies. During this bearish sentiment, PEPE could tumble into its support region of $0.000023. Moreover, when PEPE remains in the oversold region, there could be a price correction soon. PEPE, by the end of 2026, could be trading beyond the $0.000045 resistance level after experiencing the price correction.

PEPE Price Prediction 2027

Naturally, traders expect a bullish market sentiment after the crypto industry was affected negatively by the bears’ claw. PEPE is expected to rise after its slumber in the bear season. Moreover, PEPE could even break more resistance levels as it continues to recover from the bearish run. Therefore, PEPE is expected to trade at $0.000075 by the end of 2027.

PEPE Price Prediction 2028

Once again, the crypto community is looking forward to this year as there will be a Bitcoin halving. Alike many altcoins, PEPE will continue to form new higher highs and is expected to move in an upward trajectory. Hence, PEPE would be trading at $0.000093 after experiencing a massive surge by the end of 2028. 

PEPE Price Prediction 2029

2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market would gradually become stable by this year. In tandem with the stable market sentiment and the slight price surge expected after the aftermath, PEPE could be trading at $0.00015 by the end of 2029.

PEPE Price Prediction 2030

After witnessing a bullish run in the market, PEPE and many altcoins would show signs of consolidation and might trade sideways for some time while experiencing minor spikes. Therefore, by the end of 2030, PEPE could be trading at $0.00038.

PEPE Price Prediction 2040

The long-term forecast for PEPE indicates that this altcoin could reach a new all-time high(ATH). This would be one of the key moments as HODLERS may expect to sell some of their tokens at the ATH point. However, PEPE may face a slight fall before starting its upward journey once again. It is expected that the price of PEPE could reach $0.0026 by 2040.

PEPE Price Prediction 2050

The community believes that there will be widespread adoption of cryptocurrencies, which could maintain gradual bullish gains. By the end of 2050, if the bullish momentum is maintained, PEPE could surpass the resistance level of $0.0097.  

Conclusion

To summarize, if investors continue to show interest in PEPE and add these tokens to their portfolio, then, it could continue to rise up as time passes. PEPE’s bullish price prediction shows that it could pass beyond the $0.00000468 level. Moreover, PEPE could surpass the $0.0097 level by the end of 2050. However, it is important to note that PEPE’s extremely bullish prediction is made by expecting demand for this meme coin to continue to rise over time.

FAQ

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.