The post Pepe Coin To HIT New ATH, Here’s The Key Factors Behind The Surge appeared first on Coinpedia Fintech News
Cryptocurrency markets are entering an early bull run phase, with prices stabilizing before potential surges. Amidst this market trend, one cryptocurrency has captured significant attention, PEPE. With an impressive 1300% surge, PEPE is poised to hit new all-time highs soon, fueled by these top reasons.
Key Factors Behind PEPE Surge
PEPE, the popular meme-inspired cryptocurrency, has surpassed previous resistance levels, distinguishing itself from other meme coins like Dogecoin and Shiba Inu. Despite experiencing a remarkable 1300% increase in price over the past year, PEPE has struggled to sustain momentum above $0.0000080.
Recently, the total supply of the PEPE token underwent a reduction from 180.7 trillion to 178.7 trillion. This reduction could potentially contribute to a price surge, as supply and demand dynamics heavily influence cryptocurrency per
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