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The weekend behind us was mostly calm in the crypto space, and meme coins experienced a slow price action. However, the PEPE price broke new all-time highs last week before cooling off slightly below the $0.00001 area.
Let’s find out what prominent crypto analysts say about the PEPE price forecast.
PEPE Coin Price Prediction
XForceGlobal, an analyst with a significant following of almost 20k on X, provided his analysis on the PEPE price prediction. He mentioned that he has exited his position in PEPE, although he sees potential for some more upside. According to his analysis, PEPE has seen a 197% move from the wave 4/B bottom, and he believes a pullback might be necessary for the bull market to continue.
The analyst outlined two possible scenarios for the PEPE price movement. In the first scenario, he suggests that wave 5 is now complete, and PEPE could experience a sizable correction of 50-80% for wave 2, considering the 1,600% move over the past year. He believes that the bottom of this eventual wave 2 correction would be extremely bullish if the meme coin ecosystem remains strong.

$PEPEPrimary Macro Analysis
I am finally out of my position for $PEPE even if we are looking for a little potential more upside. We made a 197% move from that wave 4/B bottom potential at the .618. Overall, we should be rational here and look for some kind of pullback if we… https://t.co/T5EYEzfmFW pic.twitter.com/4WcLqxv9rr
— XForceGlobal (@XForceGlobal) May 19, 2024

In the second scenario, he proposes the idea that wave 4 is still in progress, and the PEPE chart might be forming a rarer wave 4 variation or a deeper C wave that would breach the previous wave A. Regardless of the scenario, the analyst’s analysis indicates that a pullback for PEPE is expected, although the extent and duration of the correction may vary.
Moreover, the popular YouTube channel 99Bitcoins, with around 700k subscribers, posted their PEPE price prediction today. According to their technical analysis, the one-week chart shows a downward trend after breaking all-time highs, while the one-month chart indicates significant gains with overall bullish indicators.
The moving averages suggest a buy signal, and the overall technical indicators and moving averages suggest PEPE is still in a bullish phase.

In terms of the long-term outlook, PEPE has experienced impressive gains over the past year (up almost 500%), six months (up 700%), month (up 78%), and week (up 7%). The current correction is seen as necessary for future price increases, and PEPE is expected to rise with the upcoming bull market, especially as Bitcoin increases in value.
The analysts mentioned that the PEPE price might continue to experience some short-term sell-offs before bouncing back, potentially reaching new highs and possibly “eating another zero” in its price.
Best Meme Coins to Buy Now – Next Meme Coin to Watch
99Bitcoins highlighted WienerAI as a potentially next meme coin to watch and best meme coin to invest in now. WienerAI is a meme coin that combines AI trading bot technology with a humorous exterior.
It is currently in presale, having raised $2.3 million already. WienerAI offers features such as advanced predictive AI trading technology for traders, a seamless token swapping platform called Sausage Swap with zero fees, and high staking rewards (417% APY at press time, expected to be lower as more tokens are staked).

The project has a growing community with over 9,000 followers on X (formerly Twitter), and its presale success, having raised over $2 million, indicates decent investor interest. Articles on various crypto media outlets and market sentiment indicate a bullish sentiment for WienerAI. The AI trading bot technology potentially sets $WAI apart from other meme coins, adding advanced features for traders.
Another meme coin to keep an eye on is Sealana, inspired by the viral South Park character “Gamer Guy” or “Fat Computer Nerd,” depicting an overweight seal obsessed with trading and finding the next big Solana meme coin. Sealana has raised around $2 million in its presale, looking to replicate the success of Slothana, another Solana-based meme coin that raised over $15 million in presale and then achieved a market cap of over $100 million after its launch.
Conclusion
As the PEPE price continues to be interesting topic in the meme coin ecosystem, analysts predict a potential pullback before further upside movements. While short-term corrections are expected, the overall sentiment remains bullish, with PEPE poised to benefit from the upcoming crypto bull market.
Meanwhile, projects like WienerAI and Sealana are emerging as potentially next meme coins to watch, offering features and doing well in their respective presales.
Related

18 Best Crypto Presales to Invest in 2024 – $WAI and $SEAL Rank High

The post Pepe Price Prediction 2024 – Next Meme Coin to Watch? appeared first on ReadWrite.

It’s easy to imagine that when something’s out there on the internet it’s there forever (this feeling is doubled when it’s an embarrassing photo or a poem you wrote as a teenager). However, new research shows that this isn’t necessarily true: 38% of web pages that existed in 2013 are no longer available due to digital decay.
The research, conducted by the Pew Research Centre, found that digital decay happens on a sliding scale over time. Taken in aggregate, a quarter of all web pages that existed at any time between 2013 and 2023 are no longer accessible.
To further contextualize this, the decay rate is greater the further back in time you look. While only 8% of pages from 2023 are no longer accessible, about 38% of pages from 2013 can no longer be accessed.
Graph credit: Pew Research Center
The Pew Research Center dove deeper and looked in detail at what kind of pages now have ‘broken links’ (links that no longer go to a valid webpage) and at what rate. They found that 23% of news web pages contain at least one broken link and that how high-traffic the page was did not affect its chances of having a broken link.
They also found that 21% of web pages on government websites had at least one broken link, as anyone who has tried to find out when their local DMV offices open can surely attest. Local and city-level governments were even more likely to have broken links.
One fascinating statistic found was that over half (54%) of Wikipedia pages have broken links in their ‘References’ list. Wikipedia is often the starting point for anyone looking to learn something, with the references a natural springboard to deeper research, so this is undoubtedly a frustration for many.
What causes digital decay?
For the purposes of this study, the Pew Research Center looked specifically at pages that no longer exist. Perhaps the website has been taken down or the page itself deleted. Most people who were blogging in the 2000s and 2010s will have lost track of at least one website that they were definitely going to keep updated this time. If you fail to renew a domain name or your hosting fees, that website is gone.
However, beyond the study, there are other forms of digital decay. A key example is when a web page has been changed or altered significantly enough that it, for all intents and purposes, is a new page just on the same URL. Hacked pages are a key example of this.
There are also those web pages that are simply inaccessible to some users, for example, blind or visually impaired people. If a screen reader can’t interpret a page, it’s essentially decayed for some users.
Digital decay on social media
Pew’s research also looked into how digital decay affects social media websites, specifically X. They collected a sample of posts in spring 2023 and followed them, evaluating the state of the links contained within.
They found that nearly 20% of posts are no longer publically visible just months after being posted. In 60% of cases, this is because the account that made the post has been deleted, suspended, or made private, and in the other 40% it was because the individual post had been deleted or otherwise removed.
Some factors indicated a post on X would be more likely to decay – over 40% of posts in Arabic or Turkish are removed within months. In addition, posts from users with default profile settings are more likely to be removed.
It would be fascinating if future studies could look into the digital decay rates of artificial intelligence (AI) generated content on X, as AI is a key focus for Musk and X at the moment and doubtlessly into the future also.
The post 38% of decade old webpages suffer from digital decay appeared first on ReadWrite.