Pepe (PEPE), the most successful cryptocurrency on the daily charts and amongst the 100 top projects in terms of market capital, is the current best performer. According to CoinGecko’s PEPE data, The coin’s value has risen by 13.7% over the past 24 hours and 15.2% during the last seven days. It has also jumped 10.1% on the charts for the next 14 days. Memecoin’s price is up by 13.7% in 24 hours, 15.2% over the last week and 10.1% on 14-day charts. However the coin has fallen 0.4% from the chart of the month to date. Discuss why PEPE’s price is rising and how the memecoin might continue its rise over the next few days.
Why is PEPE up today and will it continue?

PEPE has seen a recent upswing after investors’ risk appetite increased. Inflows into the cryptocurrency market have increased over the past few days. This could be due the possible deescalation of the US-Iran dispute. Investor sentiment might also have risen due to US lifting some sanctions on Russia in light of the current global energy crisis.
Bitcoin (BTC), which recently climbed to $74,000, is the reason for this recent price increase. BTC tried to reach the $74,000 level on numerous occasions during the last month. But it was only able to do so today, 16 March 2026. Although the rally was commendable there is still a high chance of PEPE’s prices falling soon. Although the cryptocurrency market is weak, it could deteriorate at any minute. Investors may decide to book their profits and transfer funds into safer investments. This could cause another mass exodus from the crypto-market.
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CoinCodex analysts are also not very bullish on PEPE. According to the platform, memecoin is expected to drop to $0.000002409 in March 2026. A fall to $0.000002409 will result in a 36.66% correction.

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Source: watcher.guru

