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Pepe (PEPE) has been the standout meme coin of the current bull season. A relatively new crypto, PEPE was launched in April 2023 and went viral after recording a mind-blowing 1,170% price gain in just two weeks. In 2024, it has been one of the best-performing assets, attracting many crypto enthusiasts.

In this guide, we’ll provide comprehensive PEPE price prediction. We’ll begin by discussing Pepe price history, and then provide short, medium and long-term PEPE price forecast(s). Afterwards, we’ll cover other important topics relating to its potential price performance in the future.

Pepe Price Prediction Summary

  • End of 2024: Launched in April 2023, PEPE went viral after a couple of weeks. Its increasing popularity has resulted in significant price gains in just one year, making it one of the best new cryptos to buy. Our PEPE price prediction, therefore, estimates that the meme coin could reach a maximum price of $0.00001926 before the end of 2024. 
  • End of 2025: In 2025, PEPE price performance will depend on the condition of the wider crypto market. We anticipate that the market will remain bullish going into 2025. Therefore, our PEPE price forecast for 2025 is a high price target of $0.00002418 per token.
  • End of 2027: Since PEPE has no known utility at the moment, adoption may be very slow over the years. We also anticipate that 2027 will be mostly bearish. Depending on how Pepe develops and how strong its community becomes, the meme coin may reach a maximum valuation of $0.00002310 before the end of 2027.
  • End of 2030: Considering what could happen in a space of six years, PEPE can be considered an undervalued asset and one of the best penny tokens to buy. Its community could also grow significantly larger by 2030, especially if PEPE gets utility and records tangible ecosystem developments. PEPE’s maximum price in 2030 could reach $0.00005827 before year-end.

Pepe (PEPE) Price History

The Pepe project was created by an anonymous team on the Ethereum network as a community-based meme token based on the iconic meme of a cartoon frog, “Pepe the Frog”. While the coin doesn’t have an intrinsic value, it relies on the legacy of Pepe the Frog, a popular meme character with a longstanding and somewhat controversial history.

Pepe was launched in April 2023, and its initial price was in the region of $0.0000000658. It then dropped to its all-time low price within a few hours of trading, per Coingecko data. The first significant price spike saw PEPE reach $0.00000264 on May 7, 2023. It experienced a substantial price decline, reaching as low as $0.000000917181 on June 14. Another upward trend resulted in a high price of $0.00000183 on July 4.

Between August and December 2023, Pepe performed relatively well. The growth pattern became more encouraging during the last few months of the year as the wider crypto market started what will eventually become a major crypto bull run.

PEPE in 2024

In the first two months of 2024, PEPE’s performance was average. It went from $0.00000129 on January 1 to $0.00000115 on February 22. It then recorded its biggest price gain in history, reaching as high as $0.00001 on March 16. By April 21, it had dropped to around $0.00000578, before starting another significant upward trend.

Pepe Price Chart

Pepe’s best performance came in May 2024. It moved from as low as $0.00000721 on May 1 to $0.00001334 on May 23. According to Coinmarketcap data, PEPE reached its all-time high price of $0.00001718 on May 27, 2024.

While PEPE’s price has dropped significantly from the ATH price, it is still within touching distance. The PEPE price chart also indicates that the coin has continued to fluctuate in the past weeks.

Key Points in Pepe (PEPE) price history

  • Pepe (PEPE) is a meme coin on the Ethereum network based on “Pepe the Frog” meme character
  • Pepe was launched in April 2023 and went viral after a substantial price gain in two weeks
  • Following its initial price rally, Pepe’s performance was average in 2023, recording a higher growth pattern during the last few months
  • Pepe Coin (PEPE) had an average performance in January and February 2024
  • Pepe gained considerably in March and April, before reaching an all-time high price of $0.00001718 on May 27, 2024
  • PEPE price continues to fluctuate even as the wider crypto market remains bullish

Pepe Price Prediction 2024

Pepe’s performance in 2024 has been a reflection of the condition of the wider market. As the new and popular coin in the meme coin subgenre, Pepe features among the best cryptos to buy in 2024. Its popularity has played a huge role in its upward price swing.

Pepe Price Prediction 2024

Meme coins are known to outperform the market during a bull season, and Pepe has demonstrated its capability for explosive growth. Of course, this growth pattern is spurred by hype and community support, and Pepe currently has these two factors on its side.

For the remaining months in 2024, we estimate that Pepe will still perform well. As the market continues to respond to positive developments, like the approval of Bitcoin ETFs and Ethereum ETFs, coins like PEPE will continue to gain.

Most analysts remain bullish on Pepe. As the coin’s popularity continues to grow, its community will continue to expand. The projected community growth will be among the most influential factors in its potential price performance.

Based on the factors considered, our Pepe price prediction estimates that the meme coin could reach a maximum price of $0.00001926 before the end of 2024.

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

Pepe Price Prediction 2025

In 2025, PEPE’s price performance will also depend on the condition of the wider market, as well as the resilience of its budding community. Since the market is expected to remain bullish, there are good reasons to believe that PEPE will gain more. We can as well add PEPE to the list of the next cryptos to explode.

Traditionally, a crypto bull season lasts between 18 and 24 months. Again, a bull market normally reaches its peak a year after Bitcoin halving. Therefore, there is a good chance that the current bull market will reach its peak in mid-2025. Popular coins like PEPE will reach new highs then.

Pepe Technical Analysis

Judging by how other top meme coins like Dogecoin and Shiba Inu performed in their first two years of existence, there is a concrete reason to expect another major PEPE price rally in 2025. We estimate that the coin will attract new buyers hoping to take advantage of its extreme volatility.

Recent market trends suggest that Pepe has already achieved strong community backing. In recent weeks, the crypto market experienced a noticeable correction as the prices of many coins declined. However, Pepe and Floki experienced upward price movement within the same period.

So, how far can Pepe price go in 2025? Based on our estimation, the meme coin will reach a new all-time high price in 2025. Our actual PEPE price forecast for the year is a maximum price of $0.00002418 per token.

PEPE Price Forecast 2027

The anonymous team behind Pepe were forthcoming with the reality of the meme coin sector. From the official Pepe Website, you will learn that the coin holds no intrinsic value. Its lack of utility is a notable issue when it comes to adoption. But as a speculative asset, it can still command value.

Going into 2027, Pepe’s price could be lower than the current value. The wider crypto market may experience a bear season in 2026 and most of 2027. If this is the case, meme coins like Pepe may decline faster than top altcoins.

Pepe Crypto Forecasts

Market sentiment is another factor that will play a key role in PEPE price movement in 2027. While prices of many digital assets will drop, some investors could remain positive about the future of many assets, including PEPE.

If PEPE top holders decide to HODLe in the face of a bearish market, confidence in the meme coin will grow, and this can have a strong positive impact on growth. On the other hand, if PEPE holders start selling in a panic, the supply pressure can result in a substantial price decline.

As per our Pepe price prediction for 2027, we anticipate low prices for the first and second quarters of the year. However, there is a good chance that PEPE and other coins will recover in Q4, 2027. We estimate that PEPE could reach a high price target of $0.00002310 before the end of 2027.

Pepe Price Prediction 2030

Unlike DeFi tokens and similar assets with strong utility, meme coins like Pepe are not highly regarded when it comes to long-term prospects. However, there are strong possibilities that these coins can do well in the long run.

As mentioned earlier, hype and community backing are the strongest driving forces for meme coin growth. In a little over one year of existence, PEPE has scored high on these factors. It has attracted a strong community that has already hyped it to new highs. While some may argue that this trend is not sustainable, we can’t authoritatively tell how events will unfold in the future.

Pepe Price Potential

PEPE may become very attractive going into 2030. Based on its growth potential, PEPE still ranks among undervalued cryptos to buy. Informed crypto enthusiasts who understand that the coin could still yield 100x return in the distant future can buy and HODL for years in order to take in maximum profit.

Of course, the state of crypto and the wider blockchain industry will also have an impact on how PEPE and other meme coins will perform in 2030. Recent positive developments suggest that the industry will advance meaningfully before 2030. That also could have a notable impact on Pepe price.

So, what could PEPE be worth in 2030? Depending on how the crypto space turns out in the years ahead, our Pepe price prediction suggests that PEPE could reach a maximum valuation of $0.00005827 before the end of 2030.

Pepe Price Prediction 2040

Knowing that Pepe has no intrinsic value or a clear roadmap, making a reliable long-term Pepe price forecast is very challenging. This is primarily because a lot can change in the future, and a meme coin with a strong community can defy educated projections.

So, we need to be open-minded and consider the possibility of Pepe undergoing a serious transformation in the years ahead. Shiba Inu¸ for instance, has transformed meaningfully over the past two years. Now, there is a Shiba Inu ecosystem with limitless opportunities. Pepe may follow the same route in the future.

Pepe’s tokenomics also suggests that the coin may remain valuable for the long term. Despite a superfluous 420 trillion maximum supply, Pepe is a deflationary asset. Its token-burning mechanism ensures that a portion of the coins are permanently removed from circulation via a properly managed schedule to ensure that supply doesn’t overwhelm demand and drive down prices.

Pepe also employs a redistribution system that rewards long-term stakers. This practice will help the Pepe community keep some of its most important members for a long time. Many of its large token holders will likely stay committed to the project.

As per our PEPE price forecast for 2040, we estimate that the meme coin will trade at a maximum price of around $0.0003194 per token.

Potential Highs and Lows of Pepe Price

So far, our Pepe price prediction has focused on the maximum price levels the coin can reach in each of the years we’ve covered. But then, the price of the asset will continue to fluctuate throughout each year. In the table below, we’ll present the potential high and low prices PEPE can reach each year:

Year Potential High Potential Low
2024 $0.00001926 $0.00000879
2025 $0.00002418 $0.00001627
2027 $0.00002310 $0.00001429
2030 $0.00005827 $0.00004276
2040 $0.0003194 $0.0002841

Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.

Expert Opinions – What Other Analysts Predict for PEPE Price

As one of the top trending cryptos right now, PEPE has caught the attention of many market participants, including analysts. Below, we’ll sample the opinions of other crypto analysts providing PEPE price predictions for other media outlets:

“According to the forecasts for 2024, the value of PEPE token may vary between $0.00003221 and $0.00007731.”

coincu.com

“According to Pepecoin price prediction, the price for PEPE in 2025 should range between $0.00000374061 to $0.00000731823. With the average price of PEPE expected to be around $0.00000552942.”

coinpedia.org

“Based on our thorough analysis of the historical price data and Pepe price prediction for 2027, we anticipate that Pepe’s price may experience a minimum level of $0.0000253. The highest potential level that PEPE could reach is $0.0000364, while the average trading price throughout the year is expected to be around $0.0000309.”

cryptonewsz.com

“It is estimated that PEPE will be traded between $0.000062 and $0.000078 in 2030. Its average cost is expected at around $0.000065 during the year.”

changelly.com

“In the year 2040, our prediction suggests that the PEPE cryptocurrency will achieve a peak price of $0.0002054, with a potential minimum price of approximately $0.00009433.”

bitscreener.com

What is Pepe and What is it Used For?

Put simply, PEPE is a frog-themed meme coin built on Ethereum. Like other meme tokens, it is a community-based crypto that has no real-world value. Rather, it is based on a frog internet meme, “Pepe the Frog”, created by Matt Furie in the early 2000s.

What is Pepe Crypto

As hinted already, Pepe coin (PEPE) lacks real-world use cases. It is not used as either a utility or governance token in any blockchain network. In fact, the Pepe website clearly states that the coin has no intrinsic value and offers no expectations of financial return.

Like other meme coins, Pepe is not fully associated with the internet meme character it portrays. Rather, the goal of the founding team is to pay homage to the beloved meme and build a sustainable community.

What Pepe Can Be Used For

The lack of real-world use cases doesn’t mean that PEPE is a worthless joke. On the other hand, it can be regarded as an investment instrument because it is volatile and can yield profits. PEPE can be traded across several crypto exchanges and has already yielded significant profits for thousands of traders and investors.

Below, we’ll briefly discuss the various ways PEPE can potentially be used:

Speculative Investment

Right now, PEPE is primarily used for speculative investment. It is a highly volatile asset and presents speculative opportunities for individuals with the risk appetite for meme coins. Though the team clearly warns that it has no real-world use case, PEPE offers the same kind of opportunities popular meme coins like DOGE and SHIB offer. Their price movements may often appear illogical or random, but community support and investor sentiment can often keep meme coins going for long.

Community Building

PEPE is already building a strong community, which is necessary for the sustainability of a meme coin. Community building is not only aimed at profit maximization. Rather, it is aimed at getting like-minded people to stay committed to a project. As we’ve seen with other meme coins, success or failure may largely depend on the ability to attract and sustain a robust community.

Future Use Cases

Though the Pepe team hasn’t presented any real roadmap, there is still scope for new use cases in the future. As we’ve seen with Shiba Inu, a meme coin can launch with no intrinsic value and metamorphose into a valuable ecosystem with real-world use cases. A PEPE staking protocol or a decentralized autonomous organization (DAO) may be very helpful, but there is currently no movement on this front.  

What Influences the Price of Pepe Coin (PEPE)?

To appreciate Pepe price forecast, it is important to understand the factors that can influence its price movements. Below, we’ll briefly discuss the key factors that influence the price of the meme coin:

Supply and Demand

PEPE, like other crypto assets, will always respond to supply and demand pressures. When supply outweighs demand, PEPE price could decline. On the other hand, increased demand that is not backed by increased supply could result in higher prices.

Prevailing Crypto Market Condition

Meme coins are particularly susceptible to market sentiments. This entails that the prevailing market condition will have a meaningful impact on the price of a coin like PEPE. It will likely bloom during a bullish market and dip during a bearish run.

Investors sentiment

What PEPE holders think about the meme coin and its potential can also have an impact on its price. If the overall sentiment is positive, the majority of informed holders will hold on to their tokens and that could have a positive impact on price. On the other hand, when current and potential PEPE buyers entertain negative thoughts about the value of the coin, they may sell and abandon the coin, and that will result in a price crash.

Social Media Influence

Social media influence exerts a significant impact on the prices of meme coins and other digital currencies. Online communities are primarily built on social media, and they serve as hotbeds for crypto discussions that could shape the potential future prices of assets. An endorsement from a social media influencer can also have a notable impact on PEPE price.

Utility and Development

How Pepe develops in the future will have the biggest influence on its price movement. If the team can add features and create utility for PEPE, the meme coin will become more valuable with time. Ecosystem developments and positive announcements could lift the spirit of PEPE investors and help to drive prices up.

Is Pepe a Buy?

To provide a fair answer to this question, it is important to reiterate that PEPE is one of the most volatile cryptos. It is also a very simple meme coin with no intrinsic value or promise of financial return. However, it is also used for speculative investment.

Is Pepe coin a Buy?

In the past year, PEPE has been one of the most popular cryptos. It has been the standout performer in the meme coin niche, leading other top-performing cryptos like Bitcoin, Axelar, Ondo Finance, and many others. In terms of profit potential, it could be a good addition to a crypto portfolio.

PEPE’s past performance shows that it was a good buy for early investors. Our PEPE price prediction also suggests that the asset will gain in the future and yield profits for buyers. However, we must reiterate that it is a volatile asset with no real-world use case. Its ability to evolve and sustain its growing community will play a huge part in its future success or failure.

Pepe Price Prediction – Conclusion

In this guide, we’ve discussed Pepe coin in a manner that will help readers understand how the asset has performed in the past and how it could perform in the future. We stressed that PEPE is a meme coin with no intrinsic value but that it can be used for speculative investing. We also highlighted the factors that could influence PEPE price in the future.

At this point, we must reiterate that PEPE is a risky investment, majorly because it is extremely volatile. It is only a good fit for individuals with the risk appetite for volatile assets. You should also remember that it is safer to buy crypto from reliable platforms like eToro. The #1 social trading platform offers several perks and is great for users of all experience levels.

Disclaimer: Cryptocurrency is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

References

  1. https://www.coingecko.com/en/coins/pepe
  2. https://coinmarketcap.com/currencies/pepe/
  3. https://www.imf.org/en/News/Articles/2024/02/23/sp022324-changing-landscape-crypto-assets-considerations-regulatory-and-supervisory-authorities

FAQs

What was PEPE’s highest price ever?

The PEPE coin recorded its highest-ever price of $0.00001718 on May 27, 2024. While this is the current all-time high price of meme coin, we anticipate that it will go higher this year.

PEPE price is expected to go up as the crypto market remains bullish, PEPE has already flourished in 2024, and we estimate that it will perform even better as the year winds up.

According to our PEPE price forecast, the coin could be worth as much as $0.00002418 before the end of 2025.

Depending on how events unfold in the years ahead, PEPE’s maximum price in 2027 could be in the region of $0.00002310 per token.

Depending on some of the factors we’ve discussed in this guide, PEPE could be worth as much as $0.00005827 in 2030.

Our long-term PEPE price forecast suggests that the meme coin could reach a maximum price of $0.0003194 in 2040.

Because of its tokenomics, it will be impossible for PEPE to reach the $1 mark.

Yes, now could be a good time to buy PEPE. It is still selling cheap, providing a good entry point for potential investors.

PEPE is a highly volatile asset and is considered to be very risky. However, it can be meticulously used for speculative investment. While it looks good for short-term profits, it doesn't seem like a good long-term investment