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Pepe Coin Price Prediction as Bittrex Listed PEPE

Pathik Bhattacharya
Pathik Bhattacharya Published on May 20, 2023 04:02 PM

Bitrrex also posted a Poll on Twitter about which token people are trading and all the option consists of PEPE.

Pepe Coin Price Prediction as Bittrex Listed PEPE
Source: Unsplash

Pepe Coin Crypto exchange listings are trying everything they can to keep PEPE, the current viral hit in the cryptocurrency sector, staying strong. Despite its efforts, Pepe has dropped almost 6% in the last week to $0.000001508 after trading in the $0.000004354 range in early May.

Gemini, one of the world's largest crypto exchanges, has gotten on the meme-currency bandwagon, not only offering PEPE but also conducting marketing to generate interest in the coin.

Recently, the Gemini Foundation, an international derivatives platform, announced the distribution of 6 billion PEPE to 100 of its subscribers. Eligible participants will be picked at random, with winners receiving 60 million PEPE coins. 

Pepe is also available on major cryptocurrency exchanges including Binance, Kucoin, Crypto.com, and others, in addition to Gemini. Binance leads the way in trading volume, accounting for over 25% of the PEPE/USDT pair.

In a more recent listing, Bittrex, one of the most prominent crypto exchanges listed PEPE in the list. Let's see how Pepe coin price prediction will be impacted by these listings and marketing.

Pepe Price Prediction as PEPE surged more than 6%

Bittrex Global, a prominent cryptocurrency trading platform, has announced the addition of Pepe (PEPE) to its platform.

The exchange has further sweetened the deal by giving free fees on PEPE/USDC trades until August 28 in an effort to boost trading. The price of the famous meme-based digital coin has risen by 2.4% to $0.00000153 on the exchange.

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Pepe has been gaining traction in the worldwide crypto market, with major exchanges like Kraken also supporting the digital coin. Kraken's recent listing of the token, as well as similar steps by other key platforms including Binance, OKX, Bitget, and KuCoin, demonstrates the token's rising popularity and interest among cryptocurrency fans worldwide.

While the price of Pepe currency has not yet reached the level of Dogecoin, it has certainly captured some of the attention. Pepe coin had over 107,000 holders after a little over 20 days on the market, according to crypto research firm Messari, with a market worth of $1 billion at its peak. 

While it has already dropped from those heights, it has already made a message. No other ERC-20-based token has reached such heights in such a short period of time as Pepe currency. 

Pepe Coin Price Prediction: Hourly Chart

Today's Pepe (PEPE) price is $0.00000160, with a 24-hour trading volume of $146,114,694. In the previous 24 hours, the price has risen by 5.60%. The token's price has dropped by 10.53% in the last seven days. Pepe has a market valuation of $673,330,260 with a circulation supply of 420 Trillion PEPE.

The Pepe coin chart is making a declining Flag pattern. According to Pepe Coin price predictions, this type of pattern indicates a future Bull run if the top of the flag pattern is broken. Moreover, the bull run has started and prices are soaring high which indicates that bulls are dominating the price movement.

Additionally, the 14-Day RSI is at 60 which indicates that PEPE is still in the "Normal Buy" region and the pace could take prices above the overbought region.

pepe coin price prediction

Source: TradingView

Conclusion

Finally, the Pepe coin price prediction appears to be positive, since Musk's remark has drastically impacted prices, causing FOMO in the market and also the listings on various crypto exchanges and marketing to boost the PEPE word in the crypto space. The technical indicators are also pointing to a "Buy" market, which is encouraging investors to purchase more Pepe Coin.

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