A closer look at the internet meme coin: PEPE

Our asset analysis column is always on: today we focus on Pepe meme Coin, the crypto that takes up one of the most famous memes in the internet world. 

In this article we will go over the crypto’s price, market statistics, news and forecasts. 

Price and market statistics of PEPE: the internet meme coin

The Pepe token (PEPE) is currently valued at USD 0.00000130 with a market capitalization of USD 540.3 million. 

During the past 24 hours, the trading volume was 366.1 million USD, while the circulating supply amounts to 417.1 billion PEPE. The all-time high recorded is USD 0.00000381.

In the last hour, the price recorded a positive change of 0.94%, while over the past 24 hours and seven days, the change is +0.65% and +24.05%, respectively. 

These data provided reflect a positive trend in the short and long term, indicating an increase in the value of the Pepe token.

The short- and long-term forecast 

As for the forecast, there is a positive trend among various analysts who see PEPE in an exponential growth cycle. But let’s look at it in detail, year by year.

During 2023, analysts estimate that the value of Pepe will reach a low of $0.00000137, with a potential high of $0.00000149 and an average trading price of $0.00000141. 

These forecasts reflect a moderately positive outlook for the coming year.

Looking ahead to 2024, the projection suggests an increase in Pepe’s value, with a projected minimum of $0.00000196, a maximum of $0.00000240, and an average price of $0.00000204. This suggests possible growth over the next year.

In 2025, technical analysis based on historical data predicts a low of $0.00000291, a high of $0.00000339 and an average trading price of $0.00000302 for Pepe. 

For 2026, analysts expect a further increase, with a low of $0.00000443, a high of $0.00000515 and an average price of $0.00000456. 

In 2027, Pepe is estimated to touch a low of $0.00000631, with a high of $0.00000768 and an average price of $0.00000649. 

Looking ahead to 2028, the price of Pepe is expected to range between a low of $0.00000939 and a high of $0.00001118, with an expected average price of $0.00000971.

Forecasts for 2029 indicate a low of $0.00001309, a high of $0.00001632, and an average price of $0.00001357, while in 2030 a low of $0.00001923, a high of $0.00002315, and an average price of $0.00001991 are projected.

These forecasts indicate a prospect for sustained growth over the decade, however, it should be noted that market forecasts can be influenced by multiple variables, and investors are encouraged to closely monitor industry developments.

Microsoft’s AI supports PEPE to diversify its portfolio

In the ever-changing landscape of cryptocurrency investing, the use of advanced technologies has become critical for investors attentive to seeking optimal returns. 

Microsoft’s artificial intelligence has emerged as a prominent tool in this endeavor, offering insights that can guide investors in navigating the volatile cryptocurrency market. 

During the 2023 bull run, Microsoft’s artificial intelligence has identified Pepe (PEPE), Shiba Inu (SHIB) and Everlodge (ELDG) as tokens poised to experience a significant 5-fold increase in value.

Pepe (PEPE), in particular, has caught investors’ attention due to its solid performance on the charts. 

Over the past 30 days, Pepe has shown an impressive 59.8 percent growth rate, signaling its substantial return potential. Over the past week, its trading range has fluctuated between $0.00000104 and $0.00000121, demonstrating a dynamic market presence.

Pepe occupies the position of the 98th largest cryptocurrency. Microsoft AI predictive analysis predicts a significant upward trend for Pepe, projecting a potential value of $0.00000149 by the end of 2023. 

This forecast aligns with the prevailing positive momentum and positions Pepe as an attractive asset for investors aiming to capitalize on bullish market conditions.

As the cryptocurrency space continues to integrate cutting-edge technologies for investment strategies, Microsoft’s selection of Pepe, Shiba Inu, and Everlodge 

AI underscores the increasing reliance on sophisticated tools to identify tokens with substantial growth potential.