Price Analysis
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    PEPE Coin Price Prediction: Will Ethereum’s Surge Push PEPE to a New All-Time High?

    Story Highlights
    • Ethereum’s price has surged over 40% in the past 30 days, fueling bullish momentum across the crypto market.

    • Analysts warn that PEPE Coin’s recent 28.8% rally mirrors ETH’s rise and could push PEPE to a new all-time high this weekend.

    Ethereum looks extremely bullish, right now. In the last 30 days, it has experienced a rise of 40.3%. Since July 8 alone, it has surged by over 39.58%. In the last seven days, it reported a rise of 19.7%. 

    Notably, highlighting the correlation between Ethereum and Pepe, some analysts suggest that Pepe Coin may soon hit a new all-time high. 

    Let’s analyse! 

    PEPE Market Overview 

    At the beginning of this month, the PEPE market was at $0.00000926. In the first eight days of the month, it majorly stayed within the range of $0.00001079 and $0.00000917. On July 9, with a single day growth of 8.39%, it closed above the range. Since then, it has surged by 28.77%.

    PEPE TethreUS Chart

    This price action of PEPE closely resembles Ethereum’s.

    PEPE & Ethereum: Analysing the Corelation 

    Crypto analyst Jake Gagain highlights that PEPE’s growth often mirrors Ethereum’s trends. As mentioned above, in the last 30 days, the Ethereum market has seen a growth of 40.5%. In the last seven days alone, it has jumped by 19.8% to $3,566.54. Since July 9, it has climbed around 36.55%.

    Another crypto analyst, identified as ChandlerCharts, notes that every time ETH moved above $3,100 toward $4,000, Pepe usually spiked. 

    At the start of July 16, the Ethereum price was at $3,137.84. Since then, it has increased by 13.75%. During the same period, the PEPE price has grown by 1.90%. On July 16 alone, it surged by at least 5.29%.

    Ethereum Price Chart

    PEPE to Hit New ATH Soon? 

    The analyst forecasts that the PEPE market could hit a new ATH this weekend. 

    Gagain highlights that, this month, the market cap of PEPE swelled by no fewer than 32%. The market cap of the second largest meme coin by market capitalization, PEPE, currently sits at $5,525,722,126, and its 24-hour volume at $4,936,965,962. 

    It was on December 8, 2024, that PEPE hit its All-Time High of $0.000028362. Currently, the market remains at least 53.67% below its ATH. 

    In conclusion, if Ethereum breaks its previous highs, PEPE could also hit or surpass its own ATH.  

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    FAQs

    Is there a correlation between PEPE’s price and Ethereum’s?

    Yes, analysts like Jake Gagain and ChandlerCharts highlight a strong correlation, with PEPE often spiking when ETH moves above $3,100 towards $4,000.

    How much will 1 Pepe Coin (PEPE) be worth in 2030?

    Most predictions suggest PEPE will still be well under $1 in 2030, with some forecasting an average price around $0.00008463 or even higher to $0.0002733, depending on market conditions and community strength.

    Can Pepe Coin (PEPE) realistically reach $1?

    No, it’s highly unlikely. For PEPE to reach $1, its market cap would need to be in the trillions ($420.69 trillion with its current supply), far exceeding the entire crypto market.

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