Pepe Coin has recently shown an upward price trend, creating higher and lower price highs, sparking interest in its future potential. Despite this optimistic trend, some market analysts remain bearish, predicting a significant 66% price decline by October.
These forecasts are part of the broader conversation about a memecoin supercycle. Some speculate that this cycle could trigger substantial price movements, providing a possible counter to the bearish outlook for PEPE.
The general market sentiment for Pepe Coin remains pessimistic, indicating uncertainty despite positive discussions surrounding memecoin trends.