As Bitcoin is about to usher in its next halving event, the acceleration of market transaction frequency continues to push investor sentiment toward greed, with the greed index as high as 83. During this period, the cryptocurrency market activity surged, transaction volume increased significantly, and the value of many altcoins also soared.

Under such a market background, traders are looking for golden nodes to enter the market and potential investment targets, especially tokens that are reasonably priced. However, it will undoubtedly take a lot of time and energy to select investment targets with real potential from the massive amount of low-priced crypto assets.

PEPE Coin’s latest close showed a positive green candle. The token has gained 172.92% so far this week, attracting a lot of attention from investors. What is even more impressive is that PEPE has increased by 710.26% in the past month, and has soared to $12,761.65 since the beginning of the year, making it one of the investment options that must not be ignored in 2024.

Meanwhile, PEPE’s bullish sentiment is evident in both its price expectations and fear and greed index. The current greed score is 79, which indicates that the trading activity of PEPE coin is extremely active. Technical indicators also support this optimistic expectation, with PEPE’s trading price soaring 536.63% compared to the 200-day simple moving average (SMA).

In addition, there have been 18 days of growth in the past month, and the price volatility reached 79.23%, indicating that PEPE's growth momentum is still strong. In addition, PEPE's market value increased by 3.91% to US$2.94 billion, and its 24-hour trading volume surged by 43.89% to US$1.49 billion, demonstrating its high liquidity and investor enthusiasm.

Based on the above observations, analysts continue to be optimistic about the future of PEPE, predicting that it will reach $0.000008742 by 2025, and is expected to achieve 226.33% growth by 2030, reaching $0.00002470. Taken together, PEPE’s recent performance and positive market sentiment combined with strong technical indicators point to a bright future for the token. Therefore, for those investors looking for opportunities, PEPE is undoubtedly one of the most attractive cryptocurrencies currently priced under $1.

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