Pepe Price Prediction 2024, 2025, 2030

The infamous meme coin Pepe has lately climbed the charts in parabolic fashion, blasting through, and more than doubling, its previous all-time high.

Many are saying the rise of meme coins like Pepe is indicative that the crypto bull market is back. But the question on many lips is: “is Pepe worth buying?”

This Pepe price prediction forecasts the Pepe crypto price between 2024 and 2030, determining how far it can go and if there are better alternatives to invest in.

Pepe Price History

Pepe rose to prominence days after its stealth launch in mid-April, 2023,  with the first Etherscan entry point being 18 April.

The price got off to an explosive start, going from $0.00000006036 to $0.0000004002 in its first three days. This equated to a 563% gain and is when talks first began brewing about whether it could be one of the best meme coins.

After a minor correction and some consolidation, the Pepe price began to soar on 30 April, climbing 214% in two days to claim a new all-time high. According to Binance, this Pepe ATH was due to whales accumulating Pepe.

The Pepe run continued, with the meme coin reaching an astonishing $1.8 billion market cap and ATH of $0.000004354 following Binance announcing it would list Pepe on 5 May.

However, the run was short-lived as early investors aggressively took profits, causing the price to trend downwards since. Following the ATH, Pepe traded in a much smaller range, between $0.0000018 and $0.00000061, for the middle of 2023.

On October 19th, as Bitcoin started its end-of-2023 rally, Pepe also went on the charge, as the team burned 1.6% of the token supply (6.9 trillion tokens), breaking out of its long term downtrend and climbing 104% in 8 days to climb back above the $0.000001 level for the first time since July.

While the rest of the crypto market rallied into 2024 on Bitcoin ETF approval speculation, Pepe remained flat, trading between $0.0000015 and $0.000001, and continuing to do so even after Bitcoin ETFs were appoved in early January.

However, in late February the market started to rally, and Pepe followed Bitcoin up the charts as it broken new ATHs above $70,000. Pepe also produced multiple new ATHs, rallying from a price of $0.000001407 on February 26th, to gain 602% and hit a new ATH of $0.000009885 on March 8th, 2024.

At the time of writing Pepe was trading hands for $0.000009047 and was holding well above the $0.000008 level.

Pepe Price Prediction 2024

Looking at the Pepe roadmap, there doesn’t seem to be anything concrete in Pepe’s future, besides an expectation that $PEPE and meme coins will ‘takeover”.

With this in mind, there are no obvious next steps for the project, and considering it already has a large community, over 500k followers on Twitter, this could limit its price potential.

Nevertheless, meme coins are known as some of the best cryptos to make you rich since the price can quickly explode when communities rally behind them.

As we saw with the Binance exchange listing—where Pepe jumped over 222% to hit its ATH—one major announcement in 2024 could give Pepe the fuel it needs to reach new heights, again.

For Pepe to sustain higher prices the project must surpass the speculative, meme coin hype. While it has massively succeeded in hype, both after its launch and in February of 2024, only time will tell whether it can become a long-term crypto.

Based on its continued presence in the meme coin category, where it is positioned as the third most popular meme coin by market cap, a major announcements, akin to the Binance listing, could causing another spike in the Pepe price in 2024. Provided this happens, our Pepe price prediction forecasts possible highs of $0.000012 by the end of 2024.

Pepe Price Forecast Long-Term Outlook – 2025-2030 Predictions

Considering its large community and relatively small market cap, Pepe has the potential to be one of the most promising cryptos to buy.

To put it into perspective alongside other meme coins, let’s compare holders, followers, and market cap of some of biggest meme coins:

*Estimated

**Previous Telegram account (75,491 followers) hacked on September 9th, 2023

Pepe coin has only 13% of the holders that Shiba Inu does, and 4.1% of the holders that Dogecoin does. Pepe also around 15% of the X followers of each, and 20% of the market cap of $SHIB and just 15.6% of the market cap of $DOGE.

Considering this, Pepe could be deemed undervalued and have more room for growth looking ahead to 2025.

However, for Pepe to achieve a similar valuation to Shiba Inu and Dogecoin, it must provide value. For example, Shiba Inu is releasing Shibarium, an Ethereum layer two scaling solution, along with various other protocols and tools for its community. At the same time, Dogecoin is building the tools and libraries to help businesses seamlessly integrate $DOGE as a form of payment.

Based on its current community size compared to market cap and the fact meme coins are community-driven, our Pepe price forecast estimates Pepe could climb to potential highs of $0.000018 by the end of 2025.

Looking ahead long-term, the Pepe community must begin to implement real value to the ecosystem since hype alone is unsustainable long-term. Provided it can do so, we could see potential highs of $0.00002 by the end of 2030.

Potential Highs & Lows of Pepe Coin Price

It is still unclear if Pepe can become one of the top altcoins, but we have listed our Pepe price prediction potential highs and lows below.

What do Other Analysts Predict for Pepe Coin?

To better understand the Pepe crypto price potential, we have summarised other analysts’ predictions below.

What is Pepe Coin & What’s it Used for?

While the Pepe website also states: “the coin is completely useless”, there are still some use cases for it, although they may not seem to amount to the $3.8 billion market cap it currently has.

Firstly, holders can earn interest on Pepe coins by providing liquidity on a DEX like Uniswap. This is ideal for those bullish on Pepe who speculate that its price will increase over time.

Secondly, holding Pepe grants access to the gated Pepe Discord server, Pepe Palace. The Discord is a place for the community to discuss Pepe and its potential future development.

Pepe Coin Overview

In early 2023 Pepe became one of the next cryptos to explode, as we saw a huge jump in price right after its launch. However, not long after this, it seemingly fall out of favor. It then rocketed up the charts in early 2024—to become one of the most talked about cryptos again. Below we have listed Pepe’s current price-related stats.

What Influences the Price of Pepe?

Meme coins have very few influences on their price. Here we have listed the factors that could impact the Pepe price in the future.

Exchange Listings

Pepe boomed after the Binance exchange announced it would be listing $PEPE. Pepe is now available on various tier-one exchanges, but if it secured a listing on Coinbase or another high-profile tier-one exchange, the price could pump again.

Meme Coin Narratives

Pepe’s 2023 and 2024 rises have be a part of, and almost a catalyst for, the meme coin season seen in each of these years—where all meme coin’s have seen incredible rises in price. Once Pepe began to climb, many other newer meme coins did too. Looking ahead, Pepe could surge again if meme-coin-mania hits again.

On the other hand, as discussions around tokens with utility heat up, the Pepe price could be negatively affected.

Bitcoin Halving

A Bitcoin Halving event is the moment in time when the amount of new Bitcoin created with each block is cut in half; this occurs every four years and, so far, it has typically started a bull market. With the next Bitcoin Halving event set for sometime in April 2024, Pepe’s price could be positively affected by this.

Future Developments

As mentioned, Pepe must provide more utility to its users to attain a valuation similar to Dogecoin or Shiba Inu. With this in mind, announcements regarding the future development of Pepe could massively influence its price.

Conversely, if Pepe remains strictly a meme coin, it may be challenging to foster more demand, causing the price to decrease over time.

Is the Pepe Hype Over?

Pepe has a thriving community of follower, and is currently holding strong after the biggest pump it has ever seen. However, with institutional investors entering the market, could the day of the meme-only meme coin be numbered? As these investors are likely looking for the best utility tokens.

Developmental needs are common knowledge in the meme coin world, and many of the top meme coins, Pepe excluded, have already moved in this direction. As a result, many expect the team behind Pepe to announce developments in the future. If that happens these will help to periodically boost the price of Pepe and, maybe, also create long-term demand for the token.

It is essential to remember that Pepe pumped to a market cap of $1.8 billion during its initial hype, and its second pump has brought it up to a staggering $3.8 billion, all while still providing no utility. The token, therefore, holds no intrinsic value and is purely speculative, making it high risk.

The Pepe hype is definitely not over, however, the conversation on whether Pepe has a long-term future and sustains any meaningful valuation is still a hot topic in this meme coin’s ecosystem and beyond.

Best Place to Buy Pepe

Pepe is available on some of the best crypto exchanges and, while many exchanges have listed $PEPE, Margex stands out as our top pick for buying $PEPE, as a result of its low fees, no KYC, unique features, and multiple payment options.

Margex charges fees as low as 0.019% per transaction. You can also leverage trade, copy trade, and demo trade, offering something for all skills levels. Expert traders can apply leverage of up to 100X on their trades and access margin trading on Margex. 

Investors can also stake crypto and stablecoins on Margex to earn high annual yields.Some of the payment options include Mastercard, Visa, China UnionPay, SEPA, Apple Pay, GPay, and PayPal. 

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. 

Conclusion

Pepe had one of the most infamous runs of all cryptocurrencies in 2023 and still manages to create a stir in 2024,  even as Bitcoin creates new ATHs. Looking ahead, the coin is in a solid position to grow, however, its lack of utility is a cause for concern in the longterm.

While Pepe could continue to perform well, many other projects could offer better risk-to-reward ratios. Check out our list of the best cryptos to buy now and see a range of coins we think have better prospects than Pepe.

References

• https://etherscan.io/token/0x6982508145454Ce325dDbE47a25d4ec3d2311933
• https://www.binance.com/en-AE/feed/post/477159
• https://www.coindesk.com/business/2023/10/24/pepe-memecoin-burns-55m-tokens-prompting-31-rise/
• https://www.theguardian.com/technology/2024/jan/11/bitcoin-etf-approved-sec-explained-meaning-securities-regulator-tweet
• https://coinmarketcap.com/view/memes/
• https://www.reuters.com/technology/bitcoin-eyes-60000-biggest-monthly-rally-since-late-2020-2024-02-28/
• https://coinmarketcap.com/currencies/pepe/
• https://www.binance.com/en/support/announcement/binance-will-list-floki-floki-and-pepe-pepe-in-the-innovation-zone-f68a3bc6eb014ed9bacf1d6c71dc1134
• https://en.wikipedia.org/wiki/Pepe_the_Frog
• https://www.bbc.co.uk/news/world-us-canada-37493165
• https://www.forbes.com/sites/antoniopequenoiv/2023/05/11/coinbase-apologizes-for-tying-meme-token-pepecoin-to-racist-symbols/
• https://www.binance.com/en/feed/post/1116589
• https://www.shibatoken.com/
• https://dogecoin.com/
• https://blog.shib.io/shibarium-the-invite/
• https://foundation.dogecoin.com/trailmap/prologue/
• https://www.pepe.vip/

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Elliott Lee

Editor

Elliott Lee

Editor

Elliott is a British cryptocurrency journalist and copywriter. Having spent the past couple of years immersed in everything crypto, he now spends his time researching the most impactful cryptocurrency trends. He looks for projects with long-term visions and is a huge believer that blockchain technology can solve the world's most pressing issues.

All Articles by Elliott Lee