AI Predicts PEPE’s Price For February 1, 2025

The cryptocurrency assemblage witnessed the advent of respective meme coins implicit the past mates of years. The plus that intimately resembled the occurrence of Shiba Inu (SHIB) was PEPE. Despite not being a canine-themed asset, PEPE managed to radiance successful its ain way. The plus managed to grounds a 1094% uptick passim the past 12 months making it 1 of the astir promising coins. However, the meme coin seems to person mislaid its mode arsenic it was seen dropping.

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Can PEPE Carry 2024’s Momentum Into 2025?

Source: NewsBTC

The PEPE marketplace seems to struggling. The plus recorded a 31% driblet passim the past month. Earlier this month, the meme coin was trading astatine a precocious of $0.00002184 earlier slumping down to a debased of $0.00001137. During property time, the plus was trading astatine $0.00001265 aft dropping by 2.32% implicit the past 24 hours.

Source: CoinMarketCap

PEPE is not the lone meme coin that has been connected a downtrend. Most assets successful the meme coin marketplace were signaling a large slump and are astatine a region from their all-time high. PEPE, for instance, is 55% beneath its highest of $0.00002825. This led the assemblage is judge that assets with much inferior were thriving arsenic opposed to those with none.

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Price Prediction

Source: CoinCodex

The volatile quality of the meme coin marketplace makes country for speculation. As a result, the chances of PEPE signaling a caller precocious weren’t wholly negated. But information from CoinCodex revealed that the plus would beryllium rising by lone 11% during the commencement of the caller month. According to the firm, PEPE volition commercialized astatine $0.00001419 connected the archetypal time of February 2025. While this mightiness not correspond a large maturation successful the terms of PEPE, it is inactive an uptick that is indispensable for the asset’s wide growth.

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