PEPE crypto price reached a new all-time high of $0.00002708 on December 8, 2024, propelling its market cap beyond $11 billion. This marks a year-to-date surge of 2,570%, positioning PEPE as one of the most lucrative meme coins of 2024. As of now, the price of PEPE reflects a 4.5% increase in the last 24 hours alone, solidifying its ranking as the 23rd largest cryptocurrency globally.


Driving this remarkable growth is the integration of PEPE into MoonPay, enabling over 20 million users worldwide to purchase the token via platforms like Apple Pay and Venmo. Whale activity has also intensified, with institutional investors accumulating $1.14 billion worth of PEPE in recent days, laying the foundation for its bullish momentum.


Recent policy changes under the Trump administration further fueled the PEPE coin price rally. With speculations around staking yield approval for Ethereum ETFs, the price of PEPE benefitted from record inflows into the Ethereum ecosystem. Notably, over 13,000 new investors acquired PEPE in the past 48 hours, emphasizing its organic demand.

Looking ahead, analysts suggest PEPE could maintain strong support levels and surpass rival meme coins. The latest PEPE price prediction 2024 highlights its potential to end the year as the most in-demand meme coin. PEPE price now remains a key focus for investors aiming to capitalize on its upward momentum.

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