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In a significant move, 217 billion PEPE tokens, worth nearly $4.54 million, have been recently transferred to the Kraken crypto exchange. The transaction, flagged by the on-chain analytics platform Spot On Chain, suggests a whale is once again cashing in on PEPE.
Pepe whale has sold 217 billion tokens worth $4.54 million, scooping $767k in profit.
BONK, the popular Solana-based meme coin, is poised for a massive rally as its price action, recent market sentiment, and continuous token accumulation support its bullish outlook. As of today, January 7, 2024, BONK, with all this bullish momentum, has outperformed major meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and others.
Partially with the assistance of Elon Musk, the price of the OG Pepe the Frog ($PEPE) meme coin has delivered positive gains so far this year and has experienced a bullish event on the technical front that could result in a short-term upswing.
According to reports, PEPE managed to rise dramatically in 2023, making many millionaires out of early investors when its price reached an all-time high of $0.00000431 on May 5 of that year, resulting in a successfully increasing market cap of 1.8 Billion dollars during that period.
The recent Pepe coin price rebound could be nearing its end as some top holders start exiting and as active addresses fall. It could also come under pressure after forming a popular bearish chart pattern.
FLOKI price action mirrors that of PEPE in early 2024 suggesting the same could follow in Q1 2025.
Pepe has emerged from a symmetrical triangle, aiming to sustain its breakout momentum.
Pepe Coin price has surged more than 3% today amid a robust rally noted in the broader crypto market. Amid this, a top market analyst predicts a potential 120% rally in the frog-themed meme coin to around $0.00004, which has fueled speculations in the digital assets space.
Pepe coin price continued its strong recovery after tumbling to a monthly low of $0.0000144 in December. Pepe (PEPE), the third-largest meme coin in crypto, rose to a high of $0.00002175, its highest level since December 18.
Evaluating the potential of PEPE to attain more upside in 2025, especially now that address activity is demonstrating interest.
PEPE, the third-largest meme coin by market capitalization, has faced challenges recently, extending its price decline from the previous week.
For meme coin projects, 2024 was a year of tremendous volatility, characterized by sharp declines, quick expansion, and well-publicized scandals.
Pepe Coin price, a popular meme-based cryptocurrency, has surged 12% in the past week, breaking out of an ascending triangle. Analysts suggest this breakout signals a potential bullish wave, with the next target set at $0.00003340.
Short traders of two of the market's top meme coins have been stunned by liquidation imbalance in the last 24 hours. Notably, PEPE, born on the Ethereum blockchain, and dogwifhat (WIF) on Solana have recorded differences in short trade positions.
Pepe has dipped by 1% today, yet its indicators and trading volume suggest that more gains could be coming soon. The post PEPE Bounces Back With $2 Billion in Trades – Can PEPE Hit $10? appeared first on Cryptonews.
Elon Musk, a renowned tech entrepreneur, has published a post, which jestingly addresses the US Internal Revenue Service (IRS) about taxing crypto.
Crypto exchange Binance has again echoed a frenzy across the broader sector on Friday, expanding trade offerings for some of the leading meme coins. Notably, the firm revealed that it will expand support for Dogecoin (DOGE), Pepe Coin (PEPE), and Shiba Inu (SHIB) tokens, primarily enhancing trade offerings in the African region.
PEPE is following the path of Dogecoin, which it might replace at some level. With Elon Musk's endorsement and the community's support, PEPE is ready for the 2025 rally, which looks eerily similar to Dogecoin in 2021.
Pepe has risen by 7% in the past 24 hours, with the coin gaining a second wind after receiving a boost from Elon Musk two days ago. The post PEPE's Rally Stalls as Musk Effect Fades – Is This the Start of a Bigger Decline? appeared first on Cryptonews.
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“Kekius Maximus”-themed memecoin plunged sharply Wednesday after tech mogul Elon Musk reverted to his original avatar on social platform X What happened: Solana (CRYPTO: SOL)-based Kekius Maximus (KEKIUS) surged until Wednesday afternoon, peaking at $0.0057, only to crash 90% in 10 minutes after the Tesla and Space X CEO updated his account with his real name.
Elon Musk's Pepe tweet drove an 11% surge in PEPE. Learn how a $1,000 investment could have grown by 119.4% in nine months. The post Elon Musk's Pepe Meme Tweet Turns $1,000 Into a Fortune – Could PEPE 100x From Here? appeared first on Cryptonews.
The past year was incredible for the crypto industry amid the confluence of several tailwinds starting with the approval of Bitcoin spot exchange-traded funds (ETFs) in January.
