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Pepe (PEPE) has displayed an incredible performance since its launch in April 2023. The asset’s price has rallied by thousands per cent since its debut and is up 780% since August 2023. The meme coin has quickly claimed the charts and is currently the 31st-largest crypto project by market cap. Despite its incredible performance over the last year, the frog-themed crypto has faced a significant correction over the previous few days. Pepe is down by 0.6% in the daily charts, 3.4% in the weekly charts, and more than 31% over the past month. Also Read: Cardano Gears Up To Embrace Chang Fork: Will ADA Spike This Weekend? Source: CoinGecko Also Read: DOGE Uptick Ahead? Elon Musk, Tesla Win Dogecoin Manipulation Lawsuit The dip might not last long as the Pepe is predicted to hit a new all-time high. PEPE to Hit a New All-Time High? CoinCodex’s Price Prediction According to CoinCodex’s data, the meme coin will rally throughout September 2024. The platform anticipates the coin ...

Join Our Telegram channel to stay up to date on breaking news coverage Meme coins experienced a high level of traction this year since April 2023. Many recently launched token blew up and reached their all-time highs shortly after being live on the trading charts. A recent addition to the meme coin community- Pepe, closely followed Dogecoin and Shiba Inu and aimed to leverage the public support already gained by its successful predecessors. However, the upward trajectory of these meme coins was short-lived, and they underwent massive price correction Memecoin Price Analysis Dogecoin Dogecoin was initially created in 2013 as an alternative to Bitcoin. It was considered a token which was fun and low stake. Without any major utilities attached to it, the crypto world did not consider it as a cryptocurrency with serious potential. However, a tweet from Elon Musk created a buzz about Dogecoin in 2021 which led to a tremendous hike in its value. As a result, Dogecoin reached ...