Harga meme coin Pepecoin (PEPE) dapat naik apik sebesar 469,48 persen dari harga saat ini, berdasarkan proyeksi kenaikan kapitalisasi pasarnya.
Pepecoin (PEPE), one of the popular meme coins among crypto asset investors, is now in the spotlight of traders. In the past few days, predictions have emerged regarding the potential for a 469.48 percent increase in the price of Pepecoin. This is triggered by various factors that influence market sentiment and the activities of large traders who continue to accumulate this asset.
One of the main factors behind this price increase projection is the estimate that Pepecoin's market cap will reach US$25 billion, well above its current market cap of US$4.39 billion.
Major Trader Activity
Big traders like "304.eth" have become one of the highlights in Pepecoin's price movements. In the latest report from iCrypto | Sentiment & On-chain Analysis on October 18, 2024, it was stated that in the last 8 days, 304.eth has purchased 33.11 billion Pepecoin worth US$313,600. Overall, this trader currently holds 298.45 billion Pepecoin with a total value of US$3.04 million.
This accumulation action gives a positive signal to other investors who may follow in the footsteps of big traders. In the crypto world, buying activity by whales or big investors is often a sign of potential further price increases. This large accumulation creates expectations that there will be significant price movements in the near future.
Market Sentiment and Uptrend Forecast
In addition to whale activity, market sentiment towards Pepecoin also influences the price increase projection. On social media and crypto discussion platforms, many investors believe that Pepecoin is on the verge of a major breakout. News of the target market capitalization of US$25 billion also strengthens market optimism towards Pepecoin's future.
