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COINTURK NEWS > Meme Token > PEPE Coin Experiences Significant Price Surge Following Recent Developments
Meme Token

PEPE Coin Experiences Significant Price Surge Following Recent Developments

In Brief

  • PEPE Coin's price surged due to its listing on Robinhood.

  • Recent developments have sparked increased optimism for PEPE Coin.

  • Profit-taking may impact short-term gains despite overall positive trends.

İlayda Peker
İlayda Peker 6 months ago
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At the time of this writing, PEPE Coin has experienced a double-digit increase in price, and the fluctuations continue. Previously, we discussed how positive news related to altcoins could produce substantial impacts on prices.

Reasons Behind PEPE Coin’s Surge

Reports indicating that PEPE Coin has been listed on the Robinhood application have led to a swift rise in its price. Robinhood rarely lists new coins, making this move a significant support for PEPE Coin. Furthermore, the recent election of Trump has fostered increased optimism regarding PEPE Coin this season.

While the surge triggered by the news of the listing brought about a 20% gain, it is essential to remember that quick profits might also lead to profit-taking. If Robinhood issues an official announcement, the rise could continue, and as long as Bitcoin $111,459 does not experience a significant sell-off, PEPE Coin is expected to maintain its strong position despite any minor pullbacks.

The target for PEPE Coin is the $0.00001720 all-time high region, and surpassing this level seems achievable under current conditions. The eight-day gain has exceeded 100%.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 13 November, 2024 - 4:38 pm 13 November, 2024 - 4:38 pm
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İlayda Peker
By İlayda Peker
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