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PeiPei Price Prediction 2024: PEIPEI Price Analysis

Last Updated 9 mins ago
Giuseppe Ciccomascolo
Last Updated 9 mins ago

Key Takeaways

  • PeiPei launched its PEIPEI token in June 2024.
  • Since its launch, PEIPEI gained strength.
  • One PeiPei price prediction says PEIPEI can reach $0.000000804 in 2025.

PEIPEI  token combines the popular Pepe meme with elements of PEPE culture, creating a unique blend that claims to “honor tradition” while looking toward the future.

Launched in early June, the token’s price increased by over 650% so far, but it is still worth much less than one cent. Can PEIPEI reach that level soon?

By July 11, 2024, PEIPEI was worth about $0.0000003103.

PeiPei did not respond to a request for comment.

Let’s take a look at our PeiPei (PEIPEI) price predictions, made on July 11, 2024. We will also examine the PeiPei price history and talk a little about what PeiPei is and what it does.

PeiPei Price Prediction

Let’s examine some of the PeiPei price predictions CCN.com made on July 11, 2024. It is crucial to bear in mind that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate.

Minimum PEIPEI Price Prediction Average PEIPEI Price Prediction Maximum PEIPEI Price Prediction
2024 $0.000000275 $0.000000622 $0.000000679
2025 $0.000000669 $0.000000770 $0.000000804
2030 $0.00000210 $0.00000225 $0.00000231

PeiPei Price Prediction for 2024

If the positive momentum continues and PEIPEI breaks above its moving averages, it could reach targets between $0.000000275 and $0.000000679 by the end of 2024, with the average price set at $0.000000622.

PeiPei Price Prediction for 2025

Technical analysis suggests a potential increase for PeiPei in 2025. The minimum PEIPEI price expected for 2025 is $0.000000669 while the maximum one is $0.000000804. On the other hand, the average forecast suggests it may reach $0.000000770.

PeiPei Price Prediction for 2030

Based on technical analysis, the PEIPEI token may reach a maximum level of $0.00000231 at the beginning of the next decade, while, in the worst scenario, it may go to $0.00000210. Meanwhile, the average expected price is $0.00000225.

PeiPei Price Analysis

PeiPei technical analysis
PeiPei technical analysis. l Source: Giuseppe Fabio Ciccomascolo/TradingView

Strength indicators suggest a neutral market, with the Relative Strength Index (RSI) at 66.89 and the Stochastic %K at 89.3, indicating neither overbought nor oversold conditions.

In terms of trend, the Commodity Channel Index (CCI) is high at 145.54, hinting at a possible overbought condition and a potential sell signal, while missing data on the Average Directional Index (ADX) makes it difficult to assess the trend’s strength.

Momentum indicators show mixed signals: the Momentum offers a neutral reading at 0.0000000884, whereas the positive value of MACD Level (0.0000000647) indicate some upward momentum.

The technical picture is unclear. While CCI suggests a potential sell signal, the momentum indicators (Awesome Oscillator, Momentum, MACD) hint at a possible price increase.

Short Term PeiPei Price Prediction

Based on our technical analysis, PeiPei is expected to show a bullish price movement for the next 24 hours. Our prediction also suggests a potential increase of 238% for the next month, reaching a price of $0.051123 by August 10, 2024.

Technical indicators also point towards a positive sentiment. In the last 30 days, PeiPei has experienced nine green days (43%), indicating some price volatility. Considering these factors, PeiPei might be a good investment opportunity.

PeiPei Fear & Greed Index

Fear and greed indicator
Fear and greed indicator. l Source: BitDegree

The Fear & Greed Index measures the market sentiment on a scale from 0 (Extreme Fear) to 100 (Extreme Greed). It aggregates factors such as volatility, market momentum/volume, social media activity, dominance, and trends to provide a sentiment overview. Extreme fear can suggest investors are overly worried, potentially presenting a buying opportunity, whereas extreme greed indicates excessive bullishness, often signaling an imminent market correction. On July 11, 2024, the PeiPEi Fear & Greed Index Measured 29, suggesting it’s in a fear zone, while the indicator for the wider crypto world is at 50, reflecting a Neutral view.

PeiPei Relative Strength Index (RSI): Is PEIPEI Oversold or Undersold?

PeiPei RSI
PeiPei RSI. l Source: Giuseppe Fabio Ciccomascolo/TradingView
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above and below the 50 line also indicate if the trend is bullish or bearish. On July 11, 2024, the PeiPei RSI was at 66.9, indicating a strong bullish sentiment.

PeiPei Price Performance Comparisons

Current Price One Month Ago Price Change
PeiPei $0.0000003103 $0.0000002213 +43%
Floki $0.0001483 $0.0002482 -40%
Brett $0.1183 $0.1578 -25%
Mog Coin $0.000001671 $0.0000009905 +68%

Best Day to Buy PeiPei

We took a look at the PeiPei price history and found the times when the price was at its lowest across certain days, indicating the best times to buy PEIPEI.

Day of the Week Saturday

PeiPei Price History

Following that, let’s now take a look at some of the key dates in the PeiPei price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when it comes to either making or interpreting a PeiPei price prediction.

PeiPei price history
PeiPei price in 2024. | Credit: CoinMarketCap

 

Time period PeiPei price
Last week (July 4, 2024) $0.0000001788
Last month (June 11, 2024) $0.0000002213
Launch price (June 5, 2024) $0.00000004173
All-time high (July 10, 2024) $0.0000003276
All-time low (June 5, 2024) $0.00000004173

PeiPei Market Cap

PeiPei market cap history
PeiPei market cap in 2024. | Credit: CoinMarketCap

The market capitalization, or market cap, is the sum of the total number of PEIPEI in circulation multiplied by its price. On July 11, 2024, PeiPei’s market cap was $128.0 million, making it the 290th-largest crypto by that metric.

PeiPei Supply and Distribution

Supply and distribution Figures
Maximum supply 420,690,000,000,000
Circulating supply (as of July 11, 2024) 406,430,469,743,090 (96.6% of total supply)

From the PeiPei Whitepaper

Pei Pei hasn’t yet published a whitepaper.

PeiPei (PEIPEI) Explained

On its website, PeiPei said  it “is not merely a digital asset; it reflects the collective spirit and resilience of its community. The token is founded on principles of friendship and collaboration, offering a distinctive approach in the competitive and volatile crypto market.”

Each interaction with PeiPei aims to improve its agility and market presence, supported by the active involvement of its community members.

How PEIPEI Works

$PEIPEI has no association with Matt Furie or his creation Pepe the Frog. This token is simply paying homage to a famous meme.

PEIPEI is a memecoin with no intrinsic value or expectation of financial return. There is no formal team or roadmap, and the coin is completely useless and for entertainment purposes only.

Is PeiPei a Good Investment?

It is hard to say at this stage. PEIPEI is still finding its feet in the crypto world. While it has performed well over the last couple of days, it is cooling off somewhat. We don’t know where its natural price point is, so caution is advised. It is also worth pointing out that it has no technical documentation, or whitepaper, so investors may well want to look elsewhere. 

As ever with crypto, you will need to make sure you do your own research before deciding whether or not to invest in PEIPEI.

Will PeiPei go up or down?

No one can really tell right now. While the PeiPei crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can, and do, go down as well as up. 

Should I invest in PeiPei?

Before you decide whether or not to invest in PeiPei, you will have to do your own research, not only on PEIPEI, but on other, related, coins and tokens such as Optimism (OP) or Arbitrum (ARB). Either way, you will also need to make sure that you never invest more money than you can afford to lose.

FAQs 

How many PeiPei are there?

As of July 11, 2024, there are 406.4 trillion of PeiPei, out of a total supply of 420.7 trillion.

Will PEIPEI reach $0.01?

Price predictions based on technical analysis don’t expect it to reach one cent soon.

What is PeiPei used for?

The $PEIPEI token is designed as a meme coin with no inherent value or financial expectations. It’s a community-driven token that serves mainly for entertainment and engagement within the PeiPei ecosystem.

Disclaimer 

Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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