Potential Risks Ahead for PEPE Holders: Recent All-Time High Price May Not Hold
Wednesday, 13 March 2024, 12:00
PEPE Investors Primed to Sell
PEPE price is presently trading at $0.00000919, rising by more than 10% in 24 hours. The meme coin surged by over 585% in two weeks, leading to a new ATH of $0.00000991. However, concerns arise as most supply now belongs to short-term traders who might trigger major selling.
- Supply Distribution: 22.4% held by short-term traders
- Fish Addresses: Own 68% of all supply
- Price Prediction: Potential decline to $0.00000633 if $0.00001000 breached
PEPE Price Prediction
If selling pressure emerges post breach of $0.00001000, a significant decline could follow, potentially wiping out recent gains. On the contrary, if support holds, further price gains could be witnessed for PEPE investors.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.