Meme coins are rallying once more, and Pepe (PEPE) is smack in the middle of the action.
One top analyst even threw out a prediction that PEPE could rise 2,000% from here.
It looks like the token might be set for another epic surge – potentially like its monster run back in 2023.
PEPE Benefits from Bullish Meme Coin Momentum
PEPE’s been crushing it this week. It’s currently priced at $0.0000127, up 14% in the last 24 hours and 29% over the week.
But the real eye-opener is its trading volume – $2.4 billion worth of PEPE changed hands in the past 24 hours, which is a 73% spike from the previous day.
All this buzz has shot PEPE up to the 10th most traded crypto worldwide, overtaking BNB along the way.
On the technical side, things are looking great. PEPE burst out of a falling wedge pattern yesterday, which is a classic sign of a bullish reversal.
And indicators like the Chaikin Money Flow going positive and the Bollinger Bands spreading out point to growing trader demand.
Behind the scenes, whales have been busy. From June 29 to July 9, they acquired roughly 9 trillion PEPE tokens, valued at over $90 million.
All of these factors help explain why PEPE is one of the top-performing meme coins right now.
Top Analyst Predicts a Potential 2000% Jump for PEPE
SlumDOGE Millionaire on X – famous for being the “Dogecoin Millionaire” – has predicted PEPE could pull off a 20x move from here. That means 2,000% returns for those who buy now.
He puts it bluntly: “WORST thing you can possibly do is FADE what will be the biggest meme coin this cycle and that is $PEPE.”
And he’s not pulling this prediction out of thin air – he’s comparing current conditions to the 2021 cycle, where DOGE did a 20x, and then coins like SHIB and FLOKI blew up even more.
Just today, he noted that PEPE gaining 14% in a day is “foreshadowing what we will likely see in the future.”
He reckons things will get wild when PEPE overtakes SHIB in market cap.
Ultimately, he believes PEPE is still one of the best meme coin plays – despite its established nature. And given his history with these predictions, traders are paying attention.
Is TOKEN6900 the Next Big Meme Coin? Presale Raises $340K as Demand Soars
Alongside PEPE, TOKEN6900 (T6900) is another contender for an exponential rally.
TOKEN6900 bills itself as the follow-up to SPX6900, which had a massive run in late 2024. This playful rivalry amps up the fun – and could attract traders who missed out on SPX’s breakout.
What stands out about T6900 is its small market cap compared to PEPE’s – that gap leaves ample room for crazy percentage gains that might even overtake PEPE’s 2023 run.
The project has already raised $340,000 during presale, proving there’s genuine interest brewing.
During the presale, T6900’s price is set at just $0.006525 – so investors jumping in early could score a huge return if it takes off after listing.
This is the dream scenario for meme traders: spotting it before the crowd piles in.
The coin’s main selling point is its straightforward, no-BS vibe. It skips the fancy tech promises and owns up to “brain rot finance,” fueled by “delusion, irony, and the collective hallucination of terminally online traders.”
That cheeky spin on crypto hits home for analyst Jacob Bury, who pointed out that traders are getting sick of projects that promise the world but underdeliver.
T6900’s tokenomics structure is tight: a fixed supply of 930,993,091, 80% set aside for presale buyers, and dev tokens locked for five years.
There’s even staking with high APYs in the presale to keep holders around longer.
Overall, while PEPE prepares for its next leg, TOKEN6900 might be the underdog that could deliver even bigger wins for early backers.
This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.