• Pepe, a leading meme coin, recently surged to unprecedented highs, driven by the hype surrounding the GME token and Keith Gill’s return.
• Technical indicators show a bullish sentiment for Pepe, with the Fear & Greed Index at 72 (greed).

Pepe, a prominent meme coin token, has recently taken center stage in the market. Bolstered by the hype surrounding GME token and spurred by notable events, this meme coin swiftly surged to unprecedented highs, setting a new all-time record with remarkable speed. Presently, it maintains a steady trajectory, trading at $0.00001592 at the time of writing.

The remarkable ascent of Pepe’s price came as a delightful surprise to many observers. The token experienced a sudden surge, propelled by the renewed buzz surrounding GME token, reignited by the return of Keith Gill, popularly known as roaring kitty, who made an unexpected comeback on X platform.

Gill’s video upload on X platform, signaling his return from a brief hiatus, had a profound impact on GME token, propelling it to new price highs. Riding on the coattails of this compelling hype, Pepe also reached new price zeniths, achieving a record price ATH in the process.

According to CoinCodex, Pepe is gearing up to continue its upward trajectory. The token is also likely to experience a surge of approximately 30% by June 2, 2024, potentially reaching a price level of $0.00002109. Furthermore, projections suggest that Pepe may embark on another surge later in June.

“The Pepe Coin price forecast for the next 30 days is a projection based on the positive and negative trends observed in the past 30 days. According to these Pepe Coin projections, PEPE is likely to trade at $0.00002409 on June 4, 2024, reflecting a gain of 49.09% in the process.”

PEPE Coin Price Forecast for June

June appears particularly promising for Pepe, with expectations of the token reaching new price heights. According to CoinCodex, Pepe could surge by 230%, hitting a new price level of $0.00005341 and effectively removing a zero from its valuation.

“The token’s price is predicted to rise by 230.59%, reaching $0.00005341 by June 27, 2024. Our technical indicators show a bullish sentiment, with the Fear & Greed Index at 72 (greed). The coin has recorded 19 out of 30 (63%) green days, with 27.28% price volatility over the past month.”

Despite potential initial resistance at certain price points, the overall outlook for Pepe in June 2024 remains bullish.

“Based on today’s classical pivot point (P1) at $0.00001665, the token has support levels at $0.00001612, $0.00001558, and a strong support at $0.00001506. Resisance levels are at $0.00001719, $0.00001771, and $0.00001825.”

Along with PEPE Coin, other meme coins have also been on the investors’ radar recently. While the top players like Dogecoin (DOGE) and Shiba Inu (SHIB) have underperformed, other players like Dogwifhat (WIF) have given solid returns to investors.