Will the price of PEPE Coin increase by 10 times as the price of Shiba Inu did in 2021?

Numerous tokens have emerged in the crypto realm. While some prospered and weathered the bear market, others quickly became destitute. While everything was going on, tokens like YFI previously and PEPE presently had a massive rise that drew a lot of liquidity and market players' attention.

In the interim, PEPE's price has developed a price pattern resembling that of SHIB in its early days, suggesting that it is closely tracking the Shiba Inu price pattern.

PEPE and SHIB are regarded as the well-liked meme currencies that earned significant gains in a matter of weeks. Both coins entered Binance at the same moment in their lifetimes and were the most actively traded tokens.

Although the Binance listing was bullish, it has been shown in both instances to be merely temporary. Shiba Inu's price fell by around 90% in the first month following its listing on Binance, while the PEPE coin's price fell by about 65% in just 4 days.

A similar trend to SHIB's pattern suggests that PEPE coin may reverse course and surge 10x as SHIB did during the 2021 bull run. PEPE coin looks to have stabilised and flashed the prospect of a reversal. However, Michael van de Poppe, a well-known expert, forecasted that the token will decline by 25% from these levels in the near future.

The Pepe Coin price has fallen by 6.32% in the past 24 hours, Check out the growth prediction and the estimated PEPE price at Coinpedia.

Source - https://coinpedia.org/price-prediction/pepecoin-pepe-price-prediction/

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