The popular memecoin PEPE has once again attracted the attention of investors, reaching a new all-time high and significantly outpacing most altcoins in terms of growth.

However, experts warn that the rally may slow down as investors begin to take profits, which could affect further price movement.

Can PEPE Surpass MATIC?

PEPE’s price rally has led to the memecoin's market capitalization approaching an impressive $7 billion, surpassing well-known cryptocurrencies such as Litecoin (LTC) and Uniswap (UNI). If the market cap exceeds $7.2 billion, the meme coin will also surpass Polygon (MATIC). However, the likelihood of this remains low for now.

According to data from the analytics platform Sentiment, the realized profit of PEPE holders has reached a two-month high. This means that more and more investors are selling their holdings, which could impact the ongoing rally.

PEPE Price Forecast: Rally Slowing Down?

On Monday, PEPE reached a new all-time high of $0,00001725. However, considering the increasing profit-taking, the rally may gradually slow down. If this happens, the memecoin may return to the $0,00001500 mark.

Nevertheless, if the growth continues, PEPE may overcome the current resistance at $0,00001725 and set a new all-time high, making it even more attractive to investors.