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Even though the meme frog’s march on the meme coin market started almost a year ago, now it’s beating all expectations once again. Could Pepe be the token that makes crypto millionaires this time around? The ChangeHero team will share the expert observations to come to an aggregated PEPE price prediction for 2024 and the coming bull run.
PEPE Coin Price Prediction for 2023–2034
- The consensus between PEPE bulls and moderate reviewers is that the current standing price record will eventually be beaten. They disagree on when this will happen;
- All bullish PEPE price predictions claim that it will overtake the ATH as soon as possible. By 2029, the price is expected to shoot up beyond all reason;
- More moderate PEPE predictions for 2024 admit it can approach the ATH but it won’t be until the end of decade that it can overtake it.
What is Pepe (PEPE)?
Pepe (PEPE) Coin is a meme token that appeared on the crypto market in April 2023. Unlike other projects that at least pretend to have a use case, the only value that PEPE provides is meme value. Regardless of that, it still received major trading volumes around the time of launch and landed high enough to end up in the top 100 by market capitalization.
The meme behind the token is Pepe the Frog, a character in Matt Furie’s comic Boy’s Club. It is known for a fact that the PEPE token is not affiliated with Furie and his projects. Whoever the people behind this coin might be, they describe this meme token as a tribute, not official in any capacity. As is written on the website, “Pepe is for the people”, just like the memes that become a part of the Internet’s lore.
You can find a more detailed breakdown of PEPE coin and meme tokens in the Beginner’s Guide by ChangeHero.
PEPE Price History
PEPE Price in 2023
Not much is known about the team that launched PEPE or the details around the launch. Its initial supply of 420.69T PEPE tokens was released into circulation right away. 93.1% of the maximum supply was sent to the Uniswap liquidity pool and the deployer contract was sent to a null address. The remaining 6.9% is held in a multi-sig wallet: for future listings on cryptocurrency exchanges, bridges, and liquidity pools.
Mere days later, the market cap of PEPE shot up first to $100M and then $1.5B in early May. The news outlets picked up on this growth and amplified the volumes further. On May 5, 2023, PEPE reached its all-time high of $0.000004307.
Such a rapid pump could only be followed by a correction, and PEPE stabilized around $0.000000888562 in June. It bounced from the newfound bottom once again but slid down by October to $0.000000634. Nevertheless, there was still some demand for the token, and PEPE closed 2023 at $0.00000131.
PEPE Price in 2024
In 2024 so far, until recently, Pepe’s price stayed between $0.00000141 and $0.00000089. As soon as the crypto market caught wind of a bull run, though, PEPE started surging and outperforming even other meme coins. Over the past week, it has grown by 147%.
At the moment of writing, the PEPE price is $0.000002933 and it ranks 73rd by market capitalization on CoinMarketCap.
What Influences the Price of Pepe (PEPE)?
Market Sentiment
The largest PEPE price moves happen around the time when the whole crypto market is on the rise. This is the case with the current one, too. The crypto market is experiencing euphoria as the BTC price is approaching its all-time high and seems to be about to overtake it.
Meme Coin Season
As the market rises, meme coins as a category see some of the largest price boosts. A possible reason is that as the confidence of investors increases, they pour funds into more exotic categories more freely. This trend is the inverse of an effect observed in bearish markets: in reverse circumstances, traders and investors would turn to more reliable assets, such as stablecoins.
Will PEPE lead this meme coin bull run like SHIB did in 2021? There is still some time before the bull run is in full force so it remains to be seen. As things are now, PEPE is one of the leaders in the category but the competition is fierce.
Demand or Manipulation?
The degree to which PEPE is concentrated in whale wallets has been a point of concern since the very start. The price surges of this token have also been linked to whale activity time and time again.
But why would “smart money” go after a meme token? One hypothesis is that these are the risk-taking types but the suspicion that something might be up is also up in the air.
ChangeHero’s PEPE Price Analysis and Forecast
Skipping a few tested resistance levels to a 10-month high is a bold move that would ordinarily already be due for a correction. However, it is a meme coin on a greedy crypto market we are dealing with, so anything unexpected can happen soon.
Regardless, let’s work with what we’re given. The closest levels for PEPE to pull back to are $0.00000263 and $0.0000022. As the relative strength index is far into the overbought zone, a move to the downside is likely. However, we should not rule out a scenario where PEPE will be carried to a new ATH before that for the maximum amount of holders to take profit.
Pepe Price Prediction 2024
In the short term, FX Street analysts expect two scenarios. The market could still turn bearish if a liquidity sweep takes PEPE below $0.00000245. However, if it recovers from there, the momentum can take it further to $0.000003.
Coin DCX’s technical analysis is equally optimistic. They consider the probability of the rally extending past $0.000003 to be 88%. As a result, an expected price range for PEPE in 2024 is between $0.0000088 and $0.0000105.
YouTuber Trading Drip shares trading and on-chain insights about the current PEPE rally. He believes it is strong enough to keep going and we have yet to see the real growth. By December 2024, he claims, PEPE will overtake SHIB’s market cap, and with these numbers, its minimum price is going to be $0.0000199 (according to MarketCapOf at the time of writing). Even with all this in mind, if your PEPE bag right now has brought you gains, there is nothing wrong with taking profits right now.
Pepe Price Prediction 2025
A year from now, according to the projections of CoinCodex, PEPE could be trading for $0.00000396 on average. During 2025, it is expected to stay within the range between $0.000002539 and $0.000004143.
Despite an evident lack of the community’s plans to build anything of value, Techopedia still expects PEPE to rise to $0.000004–$0.00001 in 2025. Perhaps, the vibes is where the real value at, after all.
Similarly, Coin Edition reminds us that a Bitcoin bull run is coming in 2025. Under these conditions, PEPE is practically guaranteed to be trading above its current value, which is already relatively high. Their estimate for PEPE in 2025 is above $0.000012.
Pepe Price Prediction 2026–2029
What’s the price forecast range between the minimum and maximum price of Pepe coin during 2026–2029? There is no firm consensus as bearish scenarios are also raised as a possible future.
Year | The News Crypto | CryptoNewsZ | AMB Crypto |
2026 | $0.0000007–0.00001 | $0.00000196–0.00000282 | $0.0000036–0.0000054 |
2027 | $0.0000006–0.00004 | $0.00000253–0.00000364 | $0.0000042–0.0000063 |
2028 | $0.0000005–0.00007 | $0.00000326–0.00000469 | $0.0000049–0.0000074 |
2029 | $0.0000004–0.0002 | $0.00000418–0.00000601 | $0.0000057–0.0000085 |
Pepe (PEPE) Price Prediction 2030–2034
Even by the crypto market standards, PEPE is a new token and has not shown its full potential and fair pricing just yet. We could measure it by the metrics applicable to the market as a whole, and considering how heavily PEPE relies on it that would be the most reliable way to predict its future. Still, worth remembering that with assets like PEPE with no inherent value, it might not even be around for that long.
At the end of the current decade, in 2030, CoinDataFlow expects the Pepe token price to be between $0.000021 and $0.0000061 at the very least. Continuing the trend, Pepe’s price is expected to hover between $0.00001–0.000033 in ten years.
Another source, Coin Price Forecast guesstimates the average price of Pepe in 2030 to be somewhere between $0.00002921–0.00003281. By 2034, the PEPE price range will move slightly higher to $0.00004106–0.00004414. Another prediction of theirs worth noting is that at the year’s end, the PEPE price will be lower than in the middle.
How to Buy PEPE on ChangeHero?
If you already have crypto, you can swap it to get PEPE on ChangeHero. It’s very easy and you can do it without creating an account or depositing:
- Choose the currencies on the home page, amounts, and the type of exchange. Provide your wallet address in the next step, and check the amounts;
- Double-check the provided information, read and accept the Terms of Use and Privacy Policy;
- Send a single transaction in the cryptocurrency you will be exchanging. Fixed Rate transactions have a 15-minute limit;
- All done? Now we are doing all the work: confirming the incoming transaction and performing the exchange as soon as it arrives;
- Once the exchange has been processed, your PEPE is immediately on the way to your wallet.
ChangeHero’s customer support is available 24/7 in the chat on our website or through the email: [email protected].
Conclusion
Right now, it seems that Pepe will become the meme coin to lead this alt season. Just keep in mind that all value it has is purely speculative and this is a feature, not a bug.
What do you think about our Pepe price prediction? Let us know in the comments on our social media: Twitter, Facebook, Reddit, and Telegram. Find even more insights into the crypto world on our blog!
Frequently Asked Questions
How high will Pepe go? What is the highest price of the Pepe coin?
In all the reviewed Pepe price predictions, the highest price target is pinned down at $0.0002 in 2029.
How much will Pepe coin be worth in 2030?
A predicted price range for PEPE in 2030, aggregated from multiple sources and methods, is between $0.000021 and $0.000061.
Does Pepe crypto have a future?
There are not many fundamental traits to analyze when it comes to Pepe token, but it is still hard to tell how far it can go. Due to its lack of inherent value, it could go to zero in a few years or it can stick around like other meme coins did.
Can Pepe coin reach 1 dollar?
The total circulating supply of PEPE is 420.69 trillion tokens, so for it to reach $1, its market capitalization has to come up to $420.690T. To compare, the federal spending in the United States 2024 Federal Budget comes up to a little over $6 trillion.
How much is 1 PEPE coin worth?
At the time of writing, the current PEPE price is $0.000002933.
How can I buy Pepe coin?
One of the ways to get PEPE is to swap it with 200+ cryptocurrencies on ChangeHero! We will source the best exchange rate in real time from 9 liquidity providers and let you swap it easily without a KYC or logging in.
What is the point of the Pepe coin?
The Pepe token along with some other meme coins provides no tangible value at all. Nevertheless, there is a practical application for this coin, as it is chosen by some risk-taking traders for speculation.
What is the price prediction for Pepe in 2025?
According to multiple PEPE predictions, the token price can range from $0.000002539 to a maximum value of $0.000012 in 2025.
Disclaimer
This article does not constitute financial or investing advice. No price prediction or forecast is guaranteed to provide exact information on the future price. Past performance is not indicative of future results.
When dealing with cryptocurrencies, remember that they are extremely volatile and thus, a high-risk investment. Always make sure to stay informed and be aware of those risks. Consider investments in cryptocurrencies only after careful consideration and analysis and at your own risk.