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As Bitcoin ($BTC) heads into its monthly expiry, with potential high bouts of volatility to come, some of the top memecoins are ready to break out of their respective downtrends. $DOGE, $PEPE, and $WIF will be among the frontrunners if their breakouts are confirmed.
Despite a major whale withdrawing 150 billion tokens from Binance and monthly gains exceeding 100%, Pepe faces technical resistance and bearish pressure in the short term.
Pepe whale withdraws 150 billion tokens worth $2.94 million from Binance
Binance introduces PayDay, a global crypto shopping event, offering up to $360 in PEPE rewards for eligible users. Shop with Binance Pay to unlock exclusive benefits.
Within an hour, a newly created wallet unexpectedly withdrew a staggering 150 billion PEPE (worth roughly $2.94 million) and 60 billion SHIB (worth $1.52 million) from Binance. Large-scale withdrawals of this kind frequently raise concerns about their motivations, suggesting possible changes in market sentiment or impending events for these tokens.
Meme coins had a strong performance in November, helped by the risk-on sentiment in the crypto industry. Pepe Coin price was one of the top performers as it more than doubled in value.
Pepe coin price has retreated by over 27% from its highest level this year, but the ongoing whale activity and exchange supply may push it higher. Pepe (PEPE), the third-biggest meme coin, was trading at $0.0000187 on Wednesday, Nov.
Recent listings on Coinbase and Robinhood have invigorated bullish sentiment about Pepe, with traders calling for new all-time highs to come soon. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Pepe (CRYPTO: PEPE) $0.00001833 $7.7 Billion +1.8% -9.2% Dogecoin (CRYPTO: DOGE) $0.3934 $57.8 Billion +4% +0.99% Shiba Inu (CRYPTO: SHIB) $0.00002499 $14.7 Billion +4.2% +1.9% Trader Notes: Crypto trader MaxBecauseBTC sees Pepe standing out in the meme coin space, predicting it will join Dogecoin and Shiba Inu as multi-billion-dollar assets.
The broader crypto market has slowed after massive surges in recent weeks saw Bitcoin (BTC) near $100,000. BTC's immense gains have stagnated, and its dominance has declined after reaching its peak recently.
The liquidation heatmap of the past two days showed that the $0.0000188 and $0.0000208 regions can attract the price higher.
While altcoins plummeted following Bitcoin's dip towards $90,000, former Binance CEO Changpeng Zhao dumped sentiments in themed tokens. CZ urged developers to leverage blockchain to create real applications as “meme coins are getting a little weird.
A Pepe whale has sold 254.65 billion tokens worth $5.15 million.
PEPE's price hit a new all-time high on November 13, after it was listed on Coinbase. It has been up 105% in the past month, though it's down nearly 10% in the last seven days.
The case of well-timed profit taking: did this smart money investor know something the retail traders don't?
The cryptocurrency market is experiencing notable volatility, with key developments surrounding XRP price, Pepe Coin (PEPE), and Bitcoin (BTC). A massive whale transfer has triggered uncertainty in XRP's price, while bold predictions about PEPE's future spark both optimism and scepticism.
A short-term bearish bias would develop should PURPE fall below $0.00014.
Pepe price has sold off as the ongoing crypto meltdown accelerates. Can the third-biggest meme coin bounce back and hit $1, as one popular crypto analyst expects?
Pepe Unchained presale tops $40M, funding crypto's first Pepe-themed Ethereum layer 2 as the meme coin sector cools down. #partnercontent
In recent hours, the meme coin market has experienced increased selling pressure following Bitcoin's drop from its peak. Prices for Pepe and Shiba Inu coins have significantly fallen as both whales and short-term holders have been offloading their holdings, leading to a sharp decrease.
PEPE sell pressure across centralized exchanges was way below March levels.
The rivalry between meme coins is taking center stage once again. Max, a crypto analyst on X (formerly Twitter), has predicted a substantial price increase for Dogecoin (DOGE) and Pepe (PEPE) in the current bull cycle.
Can you guess which 3 tokens made it into our 2024 top 3 performers' list? Take a guess and find out in our article!
PEPE meme coin crashed 2.56% in the past day after a super PEPE whale sold a massive 74.07 billion tokens and bought EIGEN tokens worth $200K.
Amid a highly turbulent crypto market witnessed as the week kicks off, a super Pepe Coin whale shifted focus to EIGEN has sparked significant market discussions. Notably, on-chain data pointed out a massive 130 billion PEPE whale selloff, with the investor simultaneously diversifying his portfolio by buying over 200K of the Ethereum-based token.
