The next Pepe with a potential for 1,000 % profit

The meme coins are fine in 2024, supported by the ongoing crypto bull market and the fear of missing something. The PEPE coin has developed into one of the cryptocurrencies with the best performance this year, since it grew by 1,472 % from its low point in January. This article examines why Pepe may continue to increase and why cryptoanalysts are turning.

The PEPE price has space for recovery

Pepe Coin developed well this year, supported by the continued crypto rally and the strong demand from investors. The number of owners has risen to over 330,000, significantly more than 296,000 a few weeks ago, a sign that there is a strong demand.

Technical data indicate that the PEPE COIN price will have even more space for growth in the coming months. On the daily chart we see that the coin has formed some bullish patterns that could lead to further profits.

It has formed a cup and handle pattern that is a popular continuation sign on the market. This pattern consists of a horizontal line that connects two tips, followed by a retreat and a rounded floor. The asset then forms a consolidation that becomes part of the hand. In most cases, this pattern leads to more win.

Pepe has also moved across all moving average and formed a candle pattern with bullish flag. This pattern arises when an asset forms a vertical line and a rectangle. In most cases, this is one of the most bullet patterns.

Therefore there is the likelihood that the price of Pepe will recover and increase to the previous annual high of $ 0.000026, which is about $ 34 % above the current level. A movement beyond this point will signal further growth in the coming months.

On the other hand, a decline under the important level of support at $ 0.00001720 will be invalidated at short notice.

investors flock in Idegen

cryptocurrency investors switch to Idegen, one of the fastest growing players in the industry. Data on its website show that the company has already collected over $ 1 million in less than three days, which makes it one of the fastest growing players in the industry.

idegen is an upcoming crypto project that lies at the interface of meme coins and artificial intelligence. In contrast to other crypto projects, it has no knowledge or information before it was founded. Instead, it is created to learn new information every day. One of his main advantages is that it reads all X contributions that mark it, including left, and reacts to it.

cryptoanalysts are optimistic about the continued growth due to the continuing growth Ki coins . The digital coins are also in full swing, with most coins in a strong upward trend.

Bitcoin is approaching the $ 100,000 mark, and if this happens, it will probably increase to over $ 200,000 in the next few months or years. In this case, new thematic tokens will reproduce the rally. Only recently we have experienced an increase in several meme coins such as Pnut, Act and Goat. This means that the Idegen token could reproduce this performance. Find out more about Idegen here and continue to follow it x"> x here .