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The broader crypto market is on the edge, buoyed by the return of Bitcoin (BTC) to the $71,000 mark for the first time in more than five months. This boost has helped trigger a massive rally for meme coins like PEPE, with whale embrace fueling a rally in a complementary manner.
Pepe [PEPE] is currently trading at approximately $0.000000900 and is undergoing a challenging period. The Relative Strength Index (RSI) is currently at 43.80, which is just below the neutral line.
Dreaming of paying in physical shops with your favorite meme coin? KuCoin's VISA card makes it possible.
Pepe meme coin faced selling pressure as the broader crypto market dipped, with reports of a whale allegedly selling one trillion coins. Crypto influencer Jake Gagain claimed that an unknown Pepe (PEPE) whale offloaded one trillion tokens, worth approximately $8.
On Monday, a Pepe coin whale sold over 1 trillion $PEPE to the Binance crypto exchange. The recent data on the blockchain has raised concerns about the frog meme coin's bearish period.
The crypto markets are trying hard to validate a decent upswing before the end of the month. Meanwhile, the memecoins have also displayed a tendency to close the monthly trade on a bullish note as the most dominant one, Dogecoin is manifesting extreme strength.
PEPE has risen by 0.5% in the past 24 hours, yet its trading volume has declined substantially in the past week, pointing to a loss of momentum. The post Is PEPE Losing Steam? Trading Volume Drops 35% as It Struggles to Stay on Top appeared first on Cryptonews.
Pepe Coin (PEPE), the frog-themed meme cryptocurrency, has grown remarkably since its April 2023 debut. However, PEPE recently faced a notable dip, losing 13% over the last week and 17% in the past month.
A Pepe Coin whale caused a stir across the broader cryptocurrency market on Monday, heavily offloading PEPE to crypto exchange Binance. Recent on-chain data flagged over 1 trillion coins dumped into the mentioned exchange, raising concerns amid the frog-themed meme coin's bearish run.
Goatseus Maximus (GOAT), a new meme coin on the block, has taken the crypto community by storm with its aggressive surge since launching earlier this month. In just two weeks, GOAT skyrocketed from virtually zero to over $900 million in market capitalization, drawing comparisons with last year's memecoin sensation, PEPE.
Pepe has experienced price struggles and reduced user engagement, yet its expanding holder base signals confidence in its long-term potential.
Despite the signs of possible recovery in the market, PEPE has recorded a negative push in its price action. As of writing, data from CoinMarketCap pegs the price of the PEPE at $0.000009054, down by 6.59% in the past 24 hours.
Today, Oct. 26, 2024, all crypto markets are in red, scared by yesterday's announcement about the alleged DoJ investigation against Tether. Meme coins perform even weaker than their competitors, but seasoned cryptocurrency commentator Miles Deutscher indicates some opportunities here.
Pepe has seen a decline of over 8% in the last seven days, while trading volume dipped by 21%.
Fiery competition between the blue-chip meme coins sends the meme section up 21%, defying broader market momentum.
During Wednesday's U.S. market session, the crypto market witnessed a surge in selling pressure as Bitcoin price fell below $67,000. The renewed selling pressure led to a 1.9% decline in Pepe coin price prediction, teasing a bearish breakdown below $0.00001.
The price of the Frog-themed Pepe coin (PEPE) has lost 6.50% in the last seven days. This decline could be linked to a major supply wall that has overpowered the underlying support.
As whales back certain cryptocurrencies, three standout projects are gaining momentum and showing potential for massive gains before November. Investors are optimistic about the growth, predicting that a $1,000 investment could skyrocket to $100,000.
Pepe offers stability, while Fwog shows stronger growth and immediate upside potential.
Upbit is one of the more conservative exchanges when it comes to meme token listings. The next eligible asset may be FLOKI, based on its longer trading history.
WallitIQ (WLTQ) and Pepe (PEPE) to lead crypto bull run with 90,000% gains as Dogecoin price is set to rally.
Recent price action has led many in the crypto space to predict a meme coin super cycle, in which giants of the niche including Dogecoin and Pepe will rise to insane valuations.
The price of Pepe Coin has dropped by 2.5% in the past 24 hours, retreating to $0.00001016 as the crypto market falls by 3.5% today.
PEPEs 51% trading volume surge has caught the attention of investors, but with whales sitting out, the tokens price growth appears fragile. Analysts warn that without more large-scale interest, PEPE could be facing a downward spiral.
