While much of the cryptocurrency market trends downward, Pepe (PEPE) coin defies the trend with a modest gain of over 1% today.
This uptick stands out against a backdrop of red across the broader market, as interest in PEPE intensifies after Elon Musk posted a Pepe-style meme that racked up over 16 million views within hours.
Musk frequently engages with frog-themed memes—whether through his “Kekius Maximus” alias, his profile pictures, or now direct Pepe memes—leaving the crypto community both puzzled and intrigued.
His repeated focus on these memes raises questions about his motives and continued attention on this meme coin niche.
Source – 99Bitcoins YouTube Channel
Pepe’s official X page, which boasts over 790,000 followers, quickly reacted by retweeting Musk’s post, underlining the direct impact of his online presence.
Pepe’s momentum goes beyond social media. The New York Post recently released a detailed article explaining how to buy PEPE and whether it qualifies as a good investment. The piece even highlighted Best Wallet as a recommended platform for purchase.
Best Wallet—an anonymous crypto wallet that lets users create accounts without verification—has aligned itself with the article’s original source, tightening its connection to the Pepe trading ecosystem.
With over 3.4 million followers on X, the New York Post brings Pepe to an audience more than three times the size of Pepe’s own following, further boosting its exposure.
Additional coverage continues to grow, with various articles analyzing PEPE coin’s price outlook, on-chain data suggesting whale accumulation, and comparisons to other meme coins like Shiba Inu. Investors now find themselves asking: how high can PEPE go from here?
Pepe Price Prediction
Despite today’s gain, PEPE still struggles, down 17% over the past week and 21% over the last month. However, Musk’s apparent effort to spotlight the coin could act as a catalyst for a potential rebound.
The broader meme coin market shows a slight recovery, climbing 0.28% after spending time in the red earlier. CoinMarketCap even published an article on Pepe, highlighting a “keep pattern” that hints at a possible bounce back.
Technical analysis reveals a completed bearish cypher pattern, which typically signals a short-term correction followed by a continuation of the larger trend—pointing to a potential price reversal for Pepe.
Analysts also apply Fibonacci retracement levels to forecast future price movements, adding to the positive outlook.
The overall crypto market remains volatile and unpredictable. While prices recover from earlier dips, trading volume has dropped by around 14%. The Fear & Greed Index has shifted from “neutral” to “fear,” reflecting increased selling pressure.
Bitcoin continues to dominate, which usually suppresses altcoin momentum. A major catalyst—such as Bitcoin reaching a new all-time high or Ethereum delivering a strong rally—could drive a market-wide surge, lifting both crypto and meme coins.
Ethereum currently trades between $2,400 and $2,500, with optimism growing for a potential pump that could boost the broader market.
High-profile figures like Elon Musk continue to spotlight Pepe, and growing media coverage, along with bullish technical signals, could set the stage for a dynamic phase in Pepe’s price action.
New Coin Listing to Watch This June
Solaxy’s presale is drawing major crypto investors, with on-chain data showing repeated large buys. One standout purchase involved 0.37 ETH, confirming that strong capital is flowing into the project.
Investor confidence keeps growing. Solaxy has raised over $55 million, jumping from $54 million in just one day. At this pace, it could cross $56 million before the presale ends.
This surge isn’t random. Major crypto media outlets like Cointelegraph and Cryptopolitan have featured Solaxy, boosting its visibility and reputation. As more people learn about the project, investor demand continues to climb.
Solaxy is also building long-term value through a smart deflation strategy. The team burned 35 billion SOLX tokens, worth over $62 million, to reduce supply and improve tokenomics.
A second burn removed another 20 billion, bringing the total to 55 billion tokens burned—about 40% of the total supply. These moves have tightened supply and attracted even more whale interest.
On top of that, Solaxy offers staking rewards of up to 76% APY, giving early holders a strong reason to stay invested. The team has also confirmed upcoming listings on major exchanges, which could drive price momentum after launch.
But Solaxy’s real edge lies in its technology. The project introduces a Layer 2 scaling solution for Solana, designed to fix network congestion. It bundles transactions and reintegrates them at speeds over 10,000 TPS, boosting Solana’s performance for meme coin traders and DeFi users alike.
The rollout is fast and transparent, with clear milestones in place. Solaxy’s rapid launch is built to reward early adopters and keep the community engaged every step of the way.
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