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Crypto

Pepe Coin Rallies 63%, Bull Pennant Forms Amid Meme Coin Sentiment Shift

Guavy AI Editorial Team
Instruments
DOGE SHIB PEPE DOG
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Pepe Coin (PEPE) has been on a tear, gaining 63% in just seven days. Since August 19, PEPE's price has moved from $0.0000025 to $0.0000406, making it one of the top-performing meme coins.

Data from CoinMarketCap shows that PEPE is now the third-most visited meme coin in the crypto market, ahead of Dogecoin (DOGE) and Shiba Inu (SHIB).

With a bull pennant forming on the four-hour chart, analysts believe PEPE's price could reach $0.0000057 if it moves above the resistance at $0.0000040.

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