After losing more than 60% of its value in the beginning of 2025, Pepe Coin is up 43% at the time of writing with in a single day as Bitcoin reclaims above 100,000 USD on May 8th. The meme coin seems to set the upward momentum for other meme coins if Bitcoin shows resistance above 100K.
Pepe is currently trading at 0.00001285 after showing sideways movements in the first quarter of 2025. Pepe is although a meme coin but its community is very strong which makes Pepe a market mover for meme tokens with its sharp price surges in short term.
Technical indicators were suggesting that a bullish momentum will form eventually for Pepe as the coin was holding resistance at around $0.00000784 for almost a month after seeing sharp decline in price over the months.
As far as the meme coin tokens are concerned, Pepe has outshined other meme coins like Shiba Inu and Doge since its launch in 2023.
Meme coins like Floki and Meme are also showing bullish divergence following Pepe with a 25% and 23% increase respectively in prices over last 24 hours.
Will Pepe coin reach 1 dollar?
Well, it is likely that in coming months or years, Pepe coin lose one of the zeros in its price but reaching $1 is highly unlikely. Current market cap of Pepe is a over $5 billion. With a total supply of 420.68 trillion Pepe, touching $1 means, market cap will reach $420 trillion. With current global GDP hovering around $100 trillion, it seems highly unlikely.
Bull Market price prediction?
During bull market, Pepe can easily reach to market cap of $50 billion to $70 billion, achieving price between $0.00012 and $0.00017.
