Pepe Gains 17% In 24 Hours: Can It Hit $0.000015 This Weekend?

Pepe (PEPE) is presently the best-performing cryptocurrency among the apical 100 projects by marketplace cap. The frog-themed memecoin has rallied 17.3% successful the past 24 hours. Bitcoin (BTC) and different large projects person rallied by lone azygous digit percent points successful the aforesaid clip frame. The memecoin has besides rallied by 1.2% successful the play charts. Despite the recovery, the asset’s terms is down 13.7% successful the 14-day charts, 25.3% successful the monthly charts, and 17.8% since March 2024.

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Source: CoinGecko

Cryptocurrencies Make Slight Recoveries

Source: Watcher Guru

The crypto marketplace seems to beryllium dilatory recovering from its caller plummet. Bitcoin (BTC) concisely fell beneath $80,000 earlier this week. The archetypal crypto has since reclaimed the $83,000 mark. PEPE and different memecoins are besides making a recovery.

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The rally could beryllium owed to ostentation quality successful the US. Inflation has risen by 0.2% but its emergence has slowed. Investors whitethorn beryllium optimistic astir the macroeconomic conditions. The Federal Reserve whitethorn present an net complaint chopped soon. PEPE and different assets could spot a continued rally,

Can PEPE Reclaim $0.000015 This Weekend?

The crypto marketplace whitethorn proceed its upward trajectory. According to CoinCodex, PEPE volition proceed to rally implicit the coming months. Despite the bullish forecast, the level does not expect the plus to deed $0.000015 this weekend. CoinCodex predicts PEPE volition commercialized astatine $0.000007883 connected Sunday, Mar. 16. The level expects the memecoin to deed a caller all-time precocious of $0.00003300 connected Apr. 4. The coin volition rally by 364.14% if it hits the $0.00003300 target.

Source: CoinCodex

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There is besides a anticipation that the crypto marketplace volition consolidate implicit the weekend. Global commercialized wars could contiguous sizeable challenges to the crypto market. PEPE and different memecoins could conflict to summation momentum owed to macroeconomic factors.