PEPE coin (PEPE) is off to another impressive start to the week, with its price rising 18% in the last 24 hours amid a broader market recovery. At the time of this writing, PEPE appears to be the dominant winner among the top three meme coins. However, its price is fixed at $0.0000001817. During the week, PEPE displayed a relatively positive growth stance, while peers are on a losing streak.
By comparison, PEPE has proven better suited to a new inflow of capital that could lead to massive growth rallies. With a relatively low market cap of approximately $644 million, PEPE shiba inu It has a higher propensity for uptrends compared to (SHIB) and Dogecoin (DOGE).
New Prospects for PEPE
While PEPE has a long way to go, there are a number of potential milestones we can look out for this week. One of them is the potential breach of the $0.000002 price level. This is an achievement that can only be achieved if the current price rally is maintained.
When PEPE made its debut, it saw growth typical of the highly exaggerated layer 1 blockchain networks.
This is because the top 100 by market capitalization cryptocurrency unit quickly and currently ranks 68th. There is another important event to watch out for this week. This is the steady climb up the ranking ladder with the expected growth trend.
Retracing the all-time high of $0.000004354 for PEPE might be a bit of a challenge in the short term. But these small gains cannot be ignored.
By a number of standards, PEPE seems to be winning the meme coin dominance battle as it has proven to be more attractive to the new coin. Some market analysts believe it is only a matter of time before it passes the SHIB.