When PEPE could reach a new all-time high?

Since its debut in 2023, PEPE Coin has experienced a meteoric rise, registering a staggering 83,317,687% increase over its lifetime.

Among the crowded field of meme coins, few have been able to match its explosive growth. Despite the recent slowdown, investors are now watching closely to see if the frog-themed asset can return to its previous peak.

After stumbling in early April, PEPE managed to make a modest recovery by mid-month, with monthly gains reaching 26.71%. The coin is currently trading at 0.000008991, down 1.19% in the last 24 hours.

The token ended 2024 on an uptrend, reaching a record high of $0.00002825 on December 9. To repeat this success, PEPE would need to rise another 68%. While this may seem ambitious, its past performance suggests that such gains are not unattainable.

Coin Codex’s predictions indicate that there is a high probability that the coin will not only reach, but also surpass its previous record.

Expectations are for a potential rise to $0.00003030 in May, a 242% increase from current levels. The average price for the month is expected to hover around $0.00001803.

This prediction has renewed optimism in the PEPE community. If realized, the surge could set a new record for the meme coin and give new momentum to the market.