Will PEPE Rebound Again? Analyzing the Memecoin’s Price Prediction

The meme coin market is seeing renewed activity, with PEPE attracting attention as its price rises. Over the past 24 hours, it has experienced a gain of 2.37%, indicating shifting market sentiment within the broader crypto space. 24-hour gains reflect a broader trend, with 7-day and 1-year figures also showing positive growth. Despite some recent pullback, PEPE’s long-term performance is impressive, particularly as Bitcoin consolidates around $84,000. This stability could trigger capital rotation towards alternative cryptocurrencies and memecoins, potentially pushing PEPE to the forefront.