Pepe Price Prediction: Is Now The Best Time to Buy Before a Potential Rebound?
The broader crypto market continues to decline, slipping another 2% on the day and pulling the global market cap down to $3.33 trillion after recently touching $4 trillion.
This market-wide correction has pushed the Fear and Greed Index to 22, showing Extreme Fear. RSI readings across major assets sit near 42, signaling oversold conditions. Historically, levels like this often appear before sharp relief rallies or major bottom formations.
The meme coin leader Pepe (PEPE) is feeling the pressure as well, dropping more than 6%. As the token moves toward key support zones in an oversold environment, traders are asking whether this downturn signals the final stage of the three-month slide and possibly a rare buying opportunity.
However, for traders who want bigger upside than a simple PEPE recovery, many analysts point to Pepenode as one of the best altcoins to buy now. Its strong utility and early growth have led to expectations that Pepenode could deliver gains up to 100x once it lists.
Source – 99Bitcoins YouTube Channel
Pepe Price Prediction
PEPE holders faced three straight months of bearish momentum, and the daily chart shows a clear pattern of lower highs and lower lows.
The downtrend grew stronger when Bitcoin (BTC) dropped under $100,000 and triggered heavier selling across the meme coin market. PEPE now shows the same weakness, with losses of 6% on the day, 3% for the week, and 27% for the month.
Despite the negative sentiment and weakening technical structure, analysts are pointing to a major potential reversal.
https://twitter.com/obi_eths/status/1987882814461694150?s=20Obi, a self-described “Pepe maxi” and analyst on X, highlighted a striking comparison between the current PEPE chart and its February 2024 setup.
He noted that in February 2024 many believed PEPE was finished before it reversed sharply and delivered one of the strongest meme coin rallies to date. He believes the recent price action mirrors that earlier structure in remarkable detail.
He added that the only difference this time is the wider market liquidation event, so the rebound may unfold differently, but several signals are beginning to appear.
This outlook is also supported by analyst Ray on X. His chart shows PEPE touching a long-term demand zone and producing a bounce reaction, which suggests renewed buying interest at a historically key level.
Ray’s message indicates that this area could act as another bottom similar to the February 2024 reversal, creating what he believes may be an attractive entry point before a potential trend shift.
If a similar reversal pattern forms, PEPE could aim for the $0.00005 region, a move that would restore momentum and possibly reignite a broader meme coin rally.
A more conservative projection points to an upside target between $0.000008 and $0.000010 from the current level near $0.000005 over the next two to four months if conditions turn favorable.
Why Pepenode Could Be the Next Big PEPE Meme Coin With 100x Potential
Another PEPE project is catching a lot of interest from early investors. Pepenode is shaping up as a new meme coin with strong upside, and many traders believe it could hit 50x or even 100x.
It runs on Ethereum and has already raised around $2.1 million in its presale. The team built it around a “Mine to Earn” idea where users do not need real mining machines. Instead, Pepenode uses a browser game that lets you buy and upgrade virtual mining rigs.
These virtual rigs mine Pepenode and other meme coins like PEPE and FARTCOIN, which gives users ongoing crypto rewards. Mine to Earn turns mining into a simple game that anyone can join, no matter their budget or experience.
The system burns 70% of the tokens used for upgrades, which steadily reduces supply and helps strengthen the token’s value. Demand may also rise once major exchanges list the token, since more people will be able to buy it.
Right now the presale price sits at $0.00115, and many believe this is the best time to enter before the price moves higher. Even top crypto creator Michael Wrubel highlighted Pepenode as one of the best altcoins to buy now.
Buying is easy through the Pepenode website using ETH, BNB, USDT, or a credit or debit card. The team suggests using Best Wallet, a Web3 app that ranks as one of the top crypto and Bitcoin wallets.
Pepenode also offers staking so users can earn yield before the game launches, with a dynamic APY that now sits at 604%.
Visit Pepenode
This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.
You May Also Like
Crypto Market Prediction: Is Shiba Inu (SHIB) Saved? XRP Can Enter New Year With Bull Run, Bitcoin (BTC): There's a Problem
Ghana finalizes crypto bill; Kenya advances VASP law
